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Tools

Odds & ROI Calculator

Convert any odds format, size your edge against the market, and build parlays with fair-value grounding.

Converter

Odds Converter

American

-110

Decimal

1.909

Implied

52.38%

Edge

ROI Calculator

Fair Odds

-122

1.818 dec

Market

-110

1.909 dec · 52.38%

Edge

+2.62%

Exp. ROI

+5.00%

1/4 Kelly

1.38%

Full Kelly = 5.50%. Most bettors should use quarter-Kelly or less to survive variance.

Parlay

Parlay Calculator

Leg 11.909 dec
Leg 21.909 dec

Combined American

+264

Combined Decimal

3.645

Implied Probability

27.44%

Profit

$26.45

Payout

$36.45

How it works

Fair Odds

Our model outputs a true probability. Converting that to American odds gives you the fair line — the price at which the bet has zero expected value.

Edge & ROI

When the market line is worse than fair, you have an edge. Projected ROI tells you how much profit you expect per dollar risked over the long run.

Kelly Stake

The Kelly criterion sizes bets to maximize log-wealth. We show full Kelly and quarter-Kelly — most bettors should size down to manage variance.