Indonesian Odds to Implied Probability Converter

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How to Use Our Indonesian Odds to Implied Probability Converter

To use our Indonesian Odds to Implied Probability converter, simply enter your Indonesian odds in the "Odds" input field.

The tool will automatically output your Implied Probability after you've input valid odds.

It's also possible to change the "From Odds Format" and "To Odds Format".

Lastly, you may also want to check out our odds converter which let's you convert between Decimal, American, Fractional, Implied Probability, Hong Kong, Malaysian, and Indonesian odds all from one page!

How to Convert Indonesian odds to an Implied Probability

To convert Indonesian odds to an Implied Probability:

For positive Indonesian odds, (divide 1 by (the odds plus 1)) and multiply this by 100. Example for 3 Indonesian odds: (1 / (3 + 1)) * 100 = 25%

For negative Indonesian odds, (divide the absolute value of the negative Indonesian odds by (the absolute value of the negative odds plus 1)) and multiply this by 100. Example for -4 Indonesian odds: ((-4 * -1) / ((-4 * -1) + 1)) * 100 = 80%

Indonesian odds and Implied Probability Explained

Here are the basics of Indonesian odds and implied probabilities.

Indonesian Odds

Indonesian odds (Indo odds) work very similarly to American odds, but Indonesian odds use a stake of 1 to calculate payouts rather than 100. Indo odds must be greater than or equal to 1 or less than or equal to -1.

  • Positive Indonesian odds are underdogs, with larger numbers being less likely to win. 1.1 Indo odds have an implied probability of 47.62%, and 3.0 Indo odds have a 25% implied probability. For positive Indo odds, a winning bet will profit the value of the odds for every $1 wagered. For example, a $1 bet at 1.5 Indo odds will profit $1.5 if you win.
  • Negative Indonesian odds are favorites, with lower numbers being more likely to win. -1.1 Indo odds have a 52.38% implied probability, and -3.0 Indo odds have a 75% implied probability. For negative Indo odds, you must risk the absolute value of the odds to profit $1. For example, a $1.5 bet at -1.5 Indo odds will profit $1 if you win.

Implied Probability

While sportsbooks don't typically express their odds in implied probabilities, all common odds formats can be converted to an implied probability. An implied probability is the percentage of times you'd need to win a bet (if you could bet it an infinite number of times) for that bet to breakeven.

For example, if your odds convert to an implied probability of 60%, your bet theoretically needs to win 60% of the time to breakeven. If it wins more than 60%, it'd be a profitable bet.

Keep in mind that sportsbooks add vig ("juice", "house edge", "tax", "fees", etc.) to their odds, meaning the implied probabilities of all outcomes for a scenario will have implied probabilities totaling greater than 100%.

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