I am a Newbie so please let me know if I break any rules! I have spent an hour looking at how to convert decimals into horse racing fraction . On my Excel 2013 I can use the function button but they are mathematical fractions. Ideally I need the maths that sits behind this: Betting Zone Odds Converter, Fraction Converter, Decimal Converter With the advent of betting exchanges it's become more and more popular to express odds as a decimal number. This enables the exchanges to provide much smaller increments in odds than is possible using fractions. When odds are expressed as decimals the value is the actual amount you'll receive back if the horse wins (i.e. including your returned ... Convert Fractional odds to probability. The most common form of odds are going to be decimal odds in the UK and here is how to convert decimal odds to probability.These are clear odds to read and for example the 6/5 odds on Liverpool from the example above means that for every 5 units you put on, you will receive 6 back as a profit. Many people are able to make their "own book" on sporting events and look for value within the odds and percentages. By comparing their odds against those that the bookmaker is offering if they have a runner priced at (2/1 or 33%) and the bookmaker has gone (4/1 or 25%) chance, one might consider this price to be larger than the chances you have given the runner and are therefore getting a ... Instantly convert betting odds in any format. Supports decimals, fractions, American odds. The tool will also tell you how likely the event is to occur to help you know what your chances of winning are. Plus when you're away from a computer or mobile, learn how to manually convert the odds formats with simple maths.
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Making sense of decimal odds. Confused by decimal odds? Don't be - it's actually super simple, as the video explains... Decimal odds, fractional odds, Hong Kong odds, Indonesian and Malaysian Odds explained table, what allow everybody to convert odds from one type to others. Every bettor is accustomed to that odds ... Tutorial presented by Sports-Betting-Winners.com on how to change odds format at Bwin.com. Find out more about this awesome bookmaker by going to : http://ww... Decimal odds explained and how to calculate decimal odds every bettor can find example in this video. Decimal odds is very popular among bettors in sports betting and this kind of odds is ... Probability Calculation Football Betting Tips explained - Duration: 10:27. SmartCapper 17,097 views. ... Decimal Odds Explained and How to Calculate Decimal Odds, Wager Price. - Duration: 1:49. ...