Convert a listed price into implied probability. Enter a decimal or American price to see what the market implies.
Examples: 1.50, 2.00, 3.50, 5.00
Decimal: Implied Probability = 1 / Decimal Odds × 100
American (+): Implied Probability = 100 / (Odds + 100) × 100
American (-): Implied Probability = |Odds| / (|Odds| + 100) × 100
Enter a listed price to see its implied probability. If your own analysis suggests a higher probability than implied, that is positive model edge vs the price — for analysis only, not wagering advice.
Compare the result to your own probability estimate. If your model says 55% but the implied is 50%, you have a 5% edge.