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Odds to Probability Text Changer

5

Details

Author:
dannyhines5

Category:
Sports

Version:
3.3

Users:
29

Rating:
5

Size:
73.53KiB

Updated:
December 16, 2022

Webstore Link:
https://chrome.google.com/webstore/detail/odds-to-probability-text/nofjpbibnnkinmfndoknlbkchbecgbkb?hl=en&gl=US

Description

This extension looks for American odds (such as "+140" or "-350") on the page, calculates the implied probability, and displays it as a percentage. For example, "+140" becomes "+140 (41.7%)"

Assuming the odds are "fair", the implied probability is the percentage chance that the bet is supposed to win.

Because sportsbooks charge a fee or "vig" for placing bets, this number will appear slightly higher than the actual probability.

This implied probability is simpler way to look at sports betting: a "good bet" is one where you believe the percentage chance is higher than the implied probability.

This project is open-source and available on Github: https://github.com/danielchines/odds-converter-extension

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