Convention a set of fractions used betting markets. The set does not consist of equivalents that are precise to all possible decimal and chances that are American. We use the cupboard fraction which is employed in betting markets.

For instance, compounding chances 30’s exact mathematical equivalent is odds. However 29/1 is not used in betting markets is used, so that’s exactly what appears in this specific converter.

For an explanation of the chances types with this table see odds. To learn what the numbers represent see comprehend odds as probability.

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