Type a price in any format — decimal, fractional, American or as a percentage — and see it in all the others, plus what it implies and what ₦1,000 returns.
1.85 means ₦85 profit on every ₦100 staked, or ₦1,850 returned on ₦1,000. The implied chance is 1 ÷ 1.85 = 54.05%.
Fractional odds show profit only. 5/2 means you win ₦5 for every ₦2 staked, so a ₦10 stake returns ₦35 — which is 3.50 in decimal.
No. A better price is only value if it is higher than the true chance of the outcome. The implied probability column shows what the book is claiming.