How To Convert Odds – bettingexpert Academy
How To Merge Odds – Step By Step
There are 3 basic Measures to reversing odds
1. Understand the chances format by answering the question: Are the chances you want to convert Fractional Decimal or American?
2. Convert the odds to their suggested chances.
3. Convert the implied probability to your odds format that is favorite.
For example,”Decimal Odds” of 3.00 has an estimated probability of 33.3percent that can then be converted to fractional chances of 2/1.
This report discusses this process of odds conversion in detail with using step by step real world examples. The video below presents a great introduction and overview if you’re entirely new to odds and probability.
Read more: nba futures odds