Free odds tools

Implied probability calculator

Choose an odds format, enter a price and see the chance represented by that price.

Price

Implied probability

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Decimal oddsNot available

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Frequently asked questions

What does implied probability show?

It shows the chance represented by a price before the market margin is removed.

Is -100 even money?

Yes. Both -100 and +100 are decimal 2.00 and imply a 50 percent chance.

Why do two sides add above 100 percent?

A two-way market normally includes a built-in margin, so the implied chances can total more than 100 percent.

Can I enter decimal odds?

Yes. Choose European odds and enter a decimal value such as 1.91.

Does this estimate a true chance?

No. It converts the listed price. Use the no-vig calculator to adjust a whole market.