Odds Converter

Convert American moneylines to implied probability and find your edge

Moneyline to Probability

Implied Probability

Probability to Moneyline

American Moneyline

Edge Calculator Compare odds to your estimated probability

Implied Probability

Your Estimate

Your Edge

How It Works

Moneyline to Probability

  • Negative odds (favorite): |odds| / (|odds| + 100)
  • Example: -150 = 150 / 250 = 60%
  • Positive odds (underdog): 100 / (odds + 100)
  • Example: +200 = 100 / 300 = 33.33%

Finding Edge

  • Edge = Your probability - Implied probability
  • Example: You think 65%, odds imply 60%
  • Edge: 65% - 60% = +5%
  • Positive edge = potential value bet