100 1 Odds Meaning
How does the odds converter work?
This has a very intuitive meaning: risk of failure with SF was three times more likely than HP. The OR is a way to present the strength of association between risk factors/exposures and outcomes. If the OR is 1, odds are decreased for an outcome; OR 1 means the odds are increased for a given outcome. This odds expression indicates a bettor’s return relative to a base figure of 100 units. American odds start with either a positive or negative sign (e.g. A minus sign indicates a bookie’s favorite to win while a plus symbol indicates an underdog. The term '100-year flood' is used to describe the recurrence interval of floods. The 100-year recurrence interval means that a flood of that magnitude has a one percent chance of occurring in any given year. In other words, the chances that a river will flow as high as the 100-year flood stage this year is 1 in 100. Statistically, each year.
Our odds converter allows you to enter any format such as US odds (+100), or decimals / Australian odds ($2.00) or fractional / UK odds (1:1) and we convert all these formats to the other betting formats for you.
Use the Odds Converter here
What is an odds converter?
Odds can be displayed in many different ways, including as fractions, decimals and if you're in the USA, with a positive or negative sign. Therefore, an odds converter allows you to quickly convert US Odds (such as +100) to UK odds (such as 1:1) to Australian Odds (such as $2.00). It's important to realise that although they all look different they are all just indicating the same price of an event with numbers.
An odds converter is especially beneficial if you have moved to a new country with a new odds format, if you are travelling or if you are betting with an international sportsbook.
Decimal odds show the amount of money the bettor will receive back multiplied by the original stake. For example, if the price is $7.50, and the bet is successful, the bettor will receive 7.5 times their original stake.
Fractional odds are stating the same thing, in a different format. In fractional odds, whatever the second number is, can be seen as the stake, and whatever the first number is, is what the bettor will receive back should the bet be successful. For example, if the price is 15/2, the bettor will receive 15 'stakes' for every 2 they wager.
American odds are slightly different and are based of stakes off a $100 bet. When the odds are with a + sign, they represent the amount of money you would receive back from a bet of $100. When the odds are displayed with a - sign, that represents the amount if money the bettor would have to wager to receive a $100 profit. For example, if the odds are +750, the bettor would receive $750 dollars if their bet was successful. If the odds were -750, the bettor would have to wager $750 in order to profit $100 (and therefore receive back $850 in total).
100/1 Odds Meaning
Now you can tell that $7.50, 13/2 and +650 all mean the same thing and the need for an odds converter!