Odds Converter: Decimal, Fraction, Chance
Odds come as 1.85, 17/20 or −118, and all three can be one price. Type any one and this converter shows the others, the chance the price implies and what a stake returns. It opens on a cricket match at 1.85 with ₹1,000 staked.
At the time of writing (8 October 2026) Shree Win’s home page had a Sports section with three tiles (our count, not a figure the page states), and tiles on the page carry provider tags in text, such as SaBa and CMD. We opened no tile and read no odds. Every price on this page is therefore invented. The converter is for the day you have a real price in front of you and want to know what it says.
Words on this screen
| Word | In plain words |
|---|---|
| Odds | The price of a bet, written in one of three styles |
| Decimal odds | The money back for each ₹1 staked, stake included: 1.85 returns ₹185 on ₹100 |
| Fractional odds | Gain over stake: 17/20 gains ₹17 on every ₹20 |
| American odds | −118 means ₹118 to gain ₹100; +200 means ₹100 gains ₹200 |
| Implied chance | The chance at which the price would break even |
| Margin | The share of your money a market keeps on average |
One price, four ways to write it
| You type | Decimal | Fraction | American | Break-even chance |
|---|---|---|---|---|
| 1.85 | 1.85 | 17/20 | −118 | 54.05% |
| 5/2 | 3.50 | 5/2 | +250 | 28.57% |
| +200 | 3.00 | 2/1 | +200 | 33.33% |
| −150 | 1.67 | 2/3 | −150 | 60% |
| A 40% chance | 2.50 | 3/2 | +150 | 40% |
The opening example, ₹1,000 at 1.85, returns ₹1,850 if it wins, a gain of ₹850. The table under the result shows the same price on ₹100, ₹500, ₹5,000 and ₹10,000, so you can read the figure for your own stake.
What the chance on a price means
The 54.05% is not a forecast. It is the line the bet must cross to break even: win more often than that and the price pays, win less often and it does not. Use the optional box to test a belief of your own. If you thought the real chance was 50%, ₹100 staked at 1.85 would come back as ₹92.50 on average, so the price would keep 7.5% of it. The converter does the sum and takes no side.
A match has two sides, and a margin
A cricket match with only two outcomes has two prices. Say they are 1.85 and 2.05. Switch the first box to Check the margin in a market and type both.
| Outcome | Odds | Chance the price implies | Chance without the margin | Odds without the margin |
|---|---|---|---|---|
| Side one | 1.85 | 54.05% | 52.56% | 1.90 |
| Side two | 2.05 | 48.78% | 47.44% | 2.11 |
| Total | 102.83% | 100.00% |
The implied chances add up to 102.83%, which is 2.83% over a whole. Spread ₹100 over both sides in proportion and ₹97.24 comes back whichever side wins, so the market keeps about 2.76%. A match that can end in a draw, such as a Test match, has three prices. Take 2.4, 3.3 and 3.1: they add up to 104.23%, and the market keeps about 4.06%. If your prices add up to less than 100%, a figure is mistyped or an outcome is missing.
Four picks in one bet
The third choice in the first box combines selections into one bet, often called a parlay. Four selections at 1.90 multiply to 13.03. A ₹100 stake returns ₹1,303.21 if all four win. The price implies a chance of 7.67% for that, or one try in 13. Each extra selection is another way to lose the lot.
Using your own screen
- Pick the format your screen shows in the second box.
- Type the price exactly as it appears.
- Read the break-even chance first, the payout second.
- For a market, type every outcome of one event, separated by commas.
What it cannot tell you
A converter changes how a price is written. It does not know who will win, and no tool does. It cannot see inside a platform, so it cannot say whether a price on any screen is a good one. The expected-loss calculator prices a series of bets at one stake, the Win Go guide covers the lottery-style tiles, and the hack guide explains why no predictor works. The tools page lists the others.
Type a price from your own screen, not ours. The button opens the platform’s own Register page in a new tab. Read its address bar first.
Log in or register on Shree Win
Opens the platform’s own page in a new tab. Referral link. 18+ only.
Common questions
Which odds format will Shree Win’s Sports section show me?
We do not know. At the time of writing (8 October 2026) the home page showed a Sports section with three tiles (our count), and we opened no tile. Look at the figures on your own screen, then set the second box of the converter to match: decimal, fractional, American or a chance.
Why do 1.85 and −118 give slightly different chances?
American odds are rounded to a whole number, so −118 is not exactly 1.85. Converted back, it is 1.8475, and the break-even chance moves from 54.05% to 54.13%. The gap is small, but it is the reason to type the format your screen uses and not convert it by hand first.
Is the chance a price implies the chance that the team wins?
No. It is the break-even point of the price, and it has the margin folded in. In the two-sided example the prices imply 54.05% and 48.78%, but with the margin taken out they are 52.56% and 47.44%. Neither pair says who will win the match.
How is the 2.76% margin different from the 2.83% overround?
They measure the same excess in two ways. The overround is how far the implied chances add up past a whole, which is 2.83% here. The margin is the share of your money the market keeps if you spread it over every outcome in proportion, which is ₹2.76 of each ₹100.
Why does the four-selection example return about 13 times the stake but win roughly once in 13?
Because it multiplies four prices of 1.90 into 13.03, and the chance of all four winning is 52.63% four times over, which is 7.67%. One wrong selection loses the whole stake. A ₹100 stake would return ₹1,303.21 if all four win, and ₹0 if even one fails.
Are the cricket prices in the example real?
No. We made them up to show the sums: 1.85 and 2.05 for the two sides of a match, and 2.4, 3.3 and 3.1 for a match that can end in a draw. We read no odds from Shree Win, so please type the prices on your own screen.