Here we will show you how to convert minus 500 American odds to decimal odds, which is the same as converting -500 Moneyline odds to decimal odds.
To convert -500 American odds to decimal odds, we first divide -100 by -500, and then we add one to the quotient, like this:
-100 รท -500 = 0.2
0.2 + 1 = 1.2
-500 American odds = 1.2 decimal odds
That's all there is to it. Now you know that -500 American odds is the same as 1.2 decimal odds. These odds give an implied probability of about 83.33 percent, and a one dollar bet will result in a payout of $1.20 if you win.
American Odds to Decimal Odds Converter
You can use the form below to convert another American odds to decimal odds.
-501 American odds to decimal odds
Here is another American odds to decimal odds conversion that we have done for you.