NFL and American sports markets typically express bets as the amount you’d need to wager to win $100, while European markets express bets as the payout multiple of your wager, and UK markets express odds as a payout ratio or fraction. We have different odds formats primarily due to regional and social convention. Odds formats are simply different ways of writing the same number, much in the same way the fraction ½ is just another way to write 50%. No matter what format you’re using, all odds formats convert to the same value. Why are there multiple betting odds formats? To use the calculator, Simply input odds and wager amounts into the tool and it will automatically convert your odds and calculate your bet’s payout, making it easy to see how the different formats are related and how much you could win. Need to know how to convert American odds to decimal odds? Or decimal odds to fractional odds? Or maybe you want to know what percent of your bets you need to win to break-even? Or maybe even you want to know something specific, like how much a $5000 bet at 8/1 odds would payout? No problem - our free NFL odds calculator can handle all of that.
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