Odds are an important aspect of sports betting. Understanding them and how to use them is crucial if you want to become a successful sports bettor. Odds are. Use our odds conversion calculator or learn the formulas behind. Knowing how to convert betting odds can be very helpful. In fact, if you don't To Convert Odds In The · To Convert Odds Yourself · To Convert Odds To. An article explaining the role of odds in sports betting, including details of the different odds formats, and how to calculate potential payouts.