Online odds converter (Decimal, Fractional, American, Hong Kong, Malaysian and Indonesian)

The different types of odds and how to read them

Decimal (European) odds

This is the most widely used odds format in Europe. It refers to the ratio between the amount bet and the amount won. This makes it easy for punters to calculate their winning potential.

1.2 odds

If you win, your winnings will be 1.2 x your stake, i.e. €2 for €10 wagered (€10 x 1.2 - €10).

Fractional odds

Fractional odds is a way of determining the potential winnings of a bet based on the amount wagered. It is widely used in England. It is equal to the sum bet divided by the total amount of potential winnings.

3/1 odds

If you bet €10 on fractional odds of 3/1, you would win €30 if your bet wins (€10 * 3 / 1).

American odds

A U.S. odds is made up of two numbers, separated by a "+" or "-" symbol. The first number is always the amount you will win if you bet $100, and the second number is the amount you must bet to receive $100.

-120 | +300 odds

If you bet $100 on odds of -120 you will receive $83.33 plus your initial bet of $100. If you bet $100 at odds +300, you'll win $300.

The +300 simply means you're betting on an unlikely event. The opposite is true for an American odd of -300.

Hong Kong odds

This is the most widely used quotation system among Asian bookmakers. It is a decimal quotation that gives the payout directly when the HK odds are multiplied by the bet.

0.5 HK odds

If you bet €10 and your prediction is correct, you win €5 (0.5 x €10 = €5).

Indonesian quotation

This quotation follows the principle of the American quotation but on the basis of a $1 bet. It can therefore be positive or negative in the same way.

-2 odds

You will make a profit of $0.5 if you bet $1 (-1$/-2 = $0.5).

The Malaysian quote

It works like the US quote but in reverse in terms of the signs (- => you have more chances of winning) and is calculated on the basis of $1 like the Indonesian quote.

0.5 odds

You will make a profit of $0.5 if you bet $1 ($1 x 0.5 = $0.5).

What are sports betting odds used for?

They are tools used by bettors to determine the value of a bet. They represent the probability of an event and enable punters to determine whether a bet is a good value or not. Odds are calculated based on a number of factors, including statistics, recent team performances and implied probabilities.

Who determines sports betting odds?

Many factors can influence odds, including supply and demand for a particular bet, bettors' emotions and market trends. External events such as weather conditions can also have an influence.

Where to play with the best odds?

We're not going to recommend one bookmaker or another when it's possible to bet in real time on the best odds on Asian sports betting sites through a sports betting broker:

Online sports odds converter