Here we will show you how to convert minus 242 American odds to decimal odds, which is the same as converting -242 Moneyline odds to decimal odds.
To convert -242 American odds to decimal odds, we first divide -100 by -242, and then we add one to the quotient, like this:
-100 ÷ -242 ≈ 0.4132
0.4132 + 1 = 1.4132
-242 American odds ≈ 1.4132 decimal odds
That's all there is to it. Now you know that -242 American odds is the same as 1.4132 decimal odds. These odds give an implied probability of about 70.76 percent, and a one dollar bet will result in a payout of $1.41 if you win.
American Odds to Decimal Odds Converter
You can use the form below to convert another American odds to decimal odds.
-243 American odds to decimal odds
Here is another American odds to decimal odds conversion that we have done for you.