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ODDSVERITY TOOL

Implied Probability

Convert decimal, American or fractional odds into implied probability and understand the probability represented by a sportsbook price. Your values remain in this browser and are not submitted to a sportsbook.

How to use it

Market probability

Decimal equivalent2.500
Implied probability40.00%
Potential gross return per $100$250.00

Educational calculation only. Prices, limits, settlement rules, rounding and fees can change the real outcome. This tool does not place bets or guarantee profit.

HOW IT WORKS

See the probability represented by any displayed price

Implied probability describes the break-even probability before considering market margin, account restrictions, fees or settlement differences. It is not a prediction that an outcome will occur.

FormulaImplied probability = 1 ÷ decimal odds. Multiply the result by 100 to express it as a percentage.

Examples

  • Decimal odds of 2.50 imply 40.00%.
  • American odds of -200 convert to 1.50 decimal and imply 66.67%.

Frequently asked questions

Why can all outcomes add up to more than 100%?

Sportsbook prices commonly include a margin. The implied probabilities of every outcome may therefore total more than 100%.

Is implied probability a win prediction?

No. It is the break-even probability represented by a price, not a guarantee or forecast.