Guest
Guest
Oct 12, 2022
11:14 PM
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Converting American Odds to a Break-Even Percentage (Implied Odds) The odds only matter when converted into a break-even percentage. When deciding how good a bet is (or isn’t), all your thought processes stem from superslot this break-even percentage. Luckily, converting American odds into a break-even percentage is easy. If it’s an underdog (a positive number), you divide 100 by 100 added to the listed number. So, for a bet on a team with American odds of +150, you divide 100 by 250 (100 + 150). Converting 100/250 to a percentage is easy – just divide, and you get 40%. If you win that bet 40% of the time, you break even. If you’re betting on a favorite, the process is similar. You take the American odds and divide it by 100 plus those odds. So if the favorite has odds of -150, you would divide 150 by 250, and the results would be a break-even percentage of 60%. If you win this bet 60% of the time, you break even. A simple way to think of it is risk divided by risk + win.
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