Guide

Guide · 5 min read

Decimal odds and American odds, and how to convert

Prices come in two common styles. American odds use a plus or minus sign. Decimal odds use a single number like 1.91 or 2.50. They say the same thing in different languages, and it helps to read both, because the same bet can look very different depending on which one you are shown.

What a decimal price means

A decimal price is the total you get back per $1 staked, including your own stake. At 2.50, a winning $1 returns $2.50: your $1 back plus $1.50 of profit. At 1.91, a winning $1 returns $1.91: your $1 back plus 91 cents of profit. The whole number is the return, not the profit, which is the part people miss.
The same four prices in both styles
-110 in American is 1.91 in decimal.
+150 in American is 2.50 in decimal.
-200 in American is 1.50 in decimal.
+200 in American is 3.00 in decimal.

Turning American into decimal

For a plus price, divide the number by 100 and add 1. So +150 becomes 150 divided by 100, which is 1.5, plus 1, giving 2.50. For a minus price, divide 100 by the number and add 1. So -200 becomes 100 divided by 200, which is 0.5, plus 1, giving 1.50. And -110 becomes 100 divided by 110, which is about 0.91, plus 1, giving 1.91.

Turning decimal into American

If the decimal price is 2.00 or higher, subtract 1 and multiply by 100 to get the plus number. A price of 2.40 becomes 2.40 minus 1, which is 1.40, times 100, giving +140. If the decimal price is below 2.00, divide -100 by the decimal minus 1. A price of 1.80 becomes -100 divided by 0.80, which is -125.
A quick payout check
A $50 bet at decimal 2.40 returns 50 times 2.40, which is $120.
That is $70 of profit on top of your $50 stake.
The same price in American is +140: risk $100 to win $140.
A $50 bet at +140 wins 50 times 140 divided by 100, which is $70. The two agree.

Why it is worth knowing both

Decimal odds make it easy to compare prices, because a bigger number is always a bigger payout, with no plus and minus to flip between. They also make the break-even math simple: one divided by the decimal price is the chance the bet has to win. At 2.50 that is 1 divided by 2.50, which is 40%. We take that idea further in the next guide.
One more habit helps. When you see a decimal price, glance at whether it is above or below 2.00 before anything else. Above 2.00 is an underdog, the side that pays more than it costs. Below 2.00 is a favorite, the side that costs more than it pays. That single check tells you which way the bet leans, and only then do you need the exact conversion to compare it with a price somewhere else.
A decimal price is your return per dollar, stake included. A number of 2.00 is the dividing line: above it is an underdog, below it is a favorite.
For entertainment and education. Nothing here predicts results or recommends a bet.