Betting odds converter fraction to decimal calculator

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We need two formulas for to work out the American odds for each fighter here. To convert this into American odds, we again need two formulas. You can recognize the favorite by evaluating which of the fractional odds equates to less than 1. McGregor stepped into the Octagon as the favorite. This implied probability is converted into various different odds formats, and can be caculated back again easily too. The reason for that, is explained in more detail over in our article about Vig — which in short, is the margin that the sportsbook takes which allows it to stay in business.

Divide 6 by 5. This equals 1. Add 1, and you had the decimal 2. Step 1 Convert decimals odds into a fraction by subtracting 1, and using 1 as the denominator. Example: 3. This creates the decimal odds of 2. While this is a perfectly good fraction, bookmakers never use numbers with decimal points in fractionals. That is why we need step two. Step 2 We now need to turn this fraction into its most simple form. Find the nearest whole integer i. The factor to which you need to multiply the numerator to the whole integer is reflected in the denominator.

Example: You need to multiply 2.