Here we will show you how to convert minus 248 American odds to fractional odds, which is the same as converting -248 Moneyline odds to fractional odds.
To convert -248 American odds to fractional odds, we turn the American odds into a fraction by making the numerator -100 and the denominator -248. Then we simplify if necessary, like this:
-100/-248
-100/-248 = 25/62
-248 American odds = 25/62 fractional odds
That's all there is to it. Now you know that -248 American odds is the same as 25/62 fractional odds. These odds give an implied probability of about 71.26 percent, and a one dollar bet will result in a payout of $1.40 if you win.
American Odds to Fractional Odds Converter
You can use the form below to convert another American odds to fractional odds.
-249 American odds to fractional odds
Here is another American odds to fractional odds conversion that we have done for you.