You can try it in the calculator above. There are two kind: +Positive(Underdog team) And Negative(favorite team), and the ratio is based on a stack of 100 units. If the odds are positive +250 it say if you put 100$ you will get 250. If the odds are negative -150 it say you must risk 150$ to win 100$ 1.40 = 0.4 + 1.
1:40 Leicester in Leicester - Horse Racing - Live. Betting odds and more from William Hill, the online bookmaker.
Calculator Use
You can try it in the calculator above. There are two kind: +Positive(Underdog team) And Negative(favorite team), and the ratio is based on a stack of 100 units. If the odds are positive +250 it say if you put 100$ you will get 250. If the odds are negative -150 it say you must risk 150$ to win 100$ 1.40 = 0.4 + 1.
Convert stated odds to a decimal value of probability and a percentage value of winning and losing. This calculator will convert 'odds for winning' an event or 'odds against winning' an event into percentage chances of both winning and losing.
Be careful if you are using sports teams odds or betting odds. If you see that the Patriots super bowl odds are 9/2, that is most likely 'odds against' and should be entered in the calculator with 'Odds are: against winning.'
When playing a lottery or other games of chance be sure you understand the odds or probability that is reported by the game organizer. A 1 in 500 chance of winning, or probability of winning, is entered into this calculator as '1 to 500 Odds are for winning'. You may also see odds reported simply as chance of winning as 500:1. This most likely means '500 to 1 Odds are against winning' which is exactly the same as '1 to 500 Odds are for winning.'
Probability Formulas:
This calculator will convert 'odds of winning' for an event into a probability percentage chance of success.
Odds, are given as (chances for success) : (chances against success) or vice versa.
If odds are stated as an A to B chance of winning then the probability of winning is given as PW = A / (A + B) while the probability of losing is given as PL = B / (A + B).
For example, you win a game if you pull an ace out of a full deck of 52 cards. Pulling any other card you lose. The chance of winning is 4 out of 52, while the chance against winning is 48 out of 52 (52-4=48). Entering A=4 and B=48 into the calculator as 4:48 odds are for winning you get
For 4 to 48 odds for winning; Probability of: Winning = (0.0769) or 7.6923% Losing = (0.9231) or 92.3077% 'Odds for' winning: 1:12 (reduced from 4:48) 'Odds against' winning: 12:1 (reduced from 48:4)
Further Reading
Upcoming football predictions and previous results: home odds > 1.40, away odds > 5.11. soccer betting tips calculated according to historical statistics and bet365 and 188bet opening betting odds. Check out our football betting tips and take inspiration for your next football bet.
Algorithm
Home/Aw fav Balanced Bookmaker
*Home Away Fav: Most complete, the many parameters considered leads to an overestimation of 1 and 2 winning bets.
Applied filters (click to remove):
Date - Time (CET)
League
Home
Away
Home Win Betting Odds
Tie Betting Odds
Away Win Betting Odds
Team Chance
21 Mar 2021 16:59
Spanish La Liga
Getafe
Elche
bet365 1.75
3.20
5.52
21 Mar 2021 16:59
Spanish La Liga
Atletico Madrid
Alaves
bet365 1.40
4.31
8.10
21 Mar 2021 14:30
Holland Eredivisie
Vitesse Arnhem
Willem II
bet365 1.42
4.37
6.51
20 Mar 2021 20:00
Belgian Pro League
Anderlecht
Zulte-Waregem
bet365 1.53
3.92
5.56
20 Mar 2021 20:00
Belgian Pro League
Club Brugge
Royal Antwerp
bet365 1.42
4.38
6.27
20 Mar 2021 20:00
Belgian Pro League
KAA Gent
Cercle Brugge
bet365 1.54
3.90
5.55
19 Mar 2021 19:10
Austria Erste Division
SG Austria Klagenfurt
SK Vorwarts Steyr
bet365 1.40
4.80
5.64
14 Mar 2021 18:15
Spanish Segunda Division
Tenerife
Albacete
bet365 1.72
188bet 1.73
3.21
3.20
5.13
4.70
14 Mar 2021 18:00
Greece Super League A
Aris Thessaloniki
OFI Crete
bet365 1.44
188bet 1.34
4.06
4.35
6.80
7.00
14 Mar 2021 16:00
Spanish Segunda Division B
Racing de Ferrol
CD Guijuelo
bet365 1.59
3.45
5.54
*the number of results can be very high when few filters are selected. The football prediction and soccer betting tips archive is best explored when more parameters are set.
40 1 Odds
40/1 Odds Each Way
The previous table shows 1) the date and time (CET) when the match takes place, 2) the championship or cup, 3) the home and 4) away team, the opening betting odds by the mayor bookmakers of the 5) home-win, 6) tie and 7) away-win football bet 8) Team chance represents the predicted result, found out by the comparison of the team statistics, click on it to open the detailed analysis of that football prediction. By clicking any of the fields, the table will be parameterized according to your choice (now: home odds > 1.40, away odds > 5.11). Any page has a unique url and can be bookmarked, or even better you can subscribe to the newsletter: you will receive football prediction and soccer betting tips by email, as soon as any match selected according to your filters is upcoming. Match results have to be intended as Full Time, extra time and penalty shootout, if any, are not considered.