Work out implied probability from odds instantly with clear inputs, formula shown and shareable results.
Implied probability is one divided by the decimal odds, and it is also exactly the long-run win rate at which the bet breaks even. Odds of 3.50 need you to be right more than 28.6% of the time, which is the only benchmark that matters when judging whether a price is generous.
Implied probability
implied % = 1 / decimal odds x 100
Return
payout = stake x decimal odds; profit = stake x (decimal odds - 1)
implied % = 1 / decimal odds x 100. Implied probability is one divided by the decimal odds, and it is also exactly the long-run win rate at which the bet breaks even.
Odds of 3.50 need you to be right more than 28.6% of the time, which is the only benchmark that matters when judging whether a price is generous.
Enter decimal odds, stake. The defaults shown are a realistic worked example — swap in your own figures to get a result you can use.