The Way to Merge Odds – Step By Step
There are 3 Measures to reversing odds
1. Know the odds format by answering the question: Why are the chances that you want to convert Fractional Decimal or American?
2. Convert the chances to their implied probability.
3. Convert the probability to your odds format that is favorite.
For example,”Decimal Odds” of 3.00 has an estimated probability of 33.3percent which can subsequently be converted into fractional chances of 2/1.
This article discusses this practice of odds conversion in detail with using step by step real world examples. If you are completely new to odds and probability, the video below presents a great introduction and overview.
Read more here: http://vcave.azularcdev.com/?p=20084
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