Decimal odds, which are also known as the European odds, are very popular in Europe hence the name European odds. Decimal Odds are pretty straight forward and quite easy to understand. Decimal odds are shown as two figures separated by a full stop. For example: 2.25, 3.30 or 4.4. Punters use decimal odds to work out which price is better value for their bet by multiplying their chosen stake by the decimal price, for example, $100 x 2.30 = $230. Please note that the calculated returns include the bet stake, that is so because the decimal number represents the total payout, rather than the profit.
How to convert American odds to decimal odds
Converting American odds to Decimal odds is quite easy but you just have to take note of some rules first before you start to convert any US odd to decimal.
i) For positive US odds, divide the money line by 100 and add 1.
In order to convert positive US odds, you must divide the money line by 100 and add 1.
Converting US odds +200
Decimal odds = (200/100) + 1
2 + 1 = 3.00
ii) For negative US odds, divide 100 by the US odds disregarding the negative sign and add this value to 1.00
Converting US odds -200
Decimal odds = (100/130) +1
3.3769 + 1= 4.369