WEEK 10
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CPPRICEDESK

CP Price Desk

The math in every price, on the board.

Odds converter and implied chance

Convert American, decimal and fractional odds and see the implied chance in a price. Free, no sign-in, for adults 21+.

Enter a price

On the board
American (+150, -110), decimal (2.50) or fractional (3/2).
Optional. Blank means $100.
Odds format

Turn on JavaScript to calculate.

A calculator shows the math in a price. It does not pick for you.

How it works

  1. American to decimal

    A plus price +a is 1 + a/100; a minus price -a is 1 + 100/a.

  2. Back to American

    (decimal - 1) × 100 from 2.00 up, else -100 / (decimal - 1). Fractional n/m is 1 + n/m.

  3. Implied chance

    1 divided by the decimal odds. It includes the book’s margin; the no-vig calculator strips it.

The formulaimplied chance = 1 ÷ decimal odds
Worked example
  • -110 → 1 + 100/110 = 1.909 decimal
  • 1.909 is 10/11 fractional
  • Implied chance 1 ÷ 1.909 = 52.4%

+100 and -100 are both 2.00, even money. A decimal below 1.01 or above 1000 is not read, and neither is a fraction with a zero. A whole number with no sign reads as American from 100 up (150 is +150) and as decimal below that (3 is 3.00). Decimal to fractional is the nearest fraction with a denominator up to 100.

Common questions

What is implied chance?

The chance a price would need to be fair for the book, 1 divided by the decimal odds.

Why do both sides of a game add to more than 100%?

The difference is the book's margin, called the vig; the no-vig calculator removes it.

Does a higher implied chance mean a better pick?

No. It means a shorter price. Our cards state a chance separately from the price.

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