# Implied Probability to Hong Kong Odds Converter

## How to Use Our Implied Probability to Hong Kong Odds Converter

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

The tool will automatically output your Hong Kong odds 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 an Implied Probability to Hong Kong odds

**To convert an Implied Probability to Hong Kong odds:**

(Divide 1 by (the percentage / 100)) and subtract 1. Example for an 80% implied probability: (1 / (80 / 100)) - 1 = 0.25

## Implied Probability and Hong Kong odds Explained

Here are the basics of implied probabilities and Hong Kong odds.

### 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%.

### Hong Kong Odds

Hong Kong odds are used in Hong Kong and other parts of Asia. Valid HK odds must be a number greater than 0.

You can calculate your potential profit by multiplying Hong Kong odds by your bet amount. A $10 bet at 0.5 HK odds will profit $5 if your side wins, and a $10 bet at 1.5 will profit $15.

- Hong Kong odds greater than 1 are underdogs, with larger odds having a lower implied probability. HK odds of 1.1 have a 47.62% implied probability, and 3.0 has a 25% implied probability.
- Hong Kong odds less than 1 are favorites. The lower the HK odds, the bigger the favorite. HK odds of 0.9 have a 52.63% implied probability, and 0.3333 has an implied probability of 75%.
- Hong Kong odds of 1 have a 50% implied probability.

## More Odds Converters

See all of our converters below or check out our odds converter that let's you convert between all seven odds formats on one page!

- American
- Decimal
- Fractional
- Probability
- Hong Kong
- Malaysian
- Indonesian