Odds to Probability Calculator

Convert odds for and against into a probability of winning and losing, and decimal odds. Enter your values; the result updates as you type, with the method shown below.

Formula

P = for / (for + against)

Worked example

Odds of 1 to 4: 20% chance of winning, decimal odds 5.

Frequently asked questions

What does 1 to 4 mean?

One way to win for four ways to lose.

What are decimal odds?

The total return per unit staked: 1 / probability.

Do bookmaker odds equal probabilities?

No, they include a margin.

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Results are estimates for information only. Check important figures with a professional.