Free tool

Odds Converter

Instantly convert between Kalshi/Polymarket, decimal, American odds and probabilities.

Converter

Quick Reference Table

CentsDecimalAmericanProbability
10¢10.00+90010%
20¢5.00+40020%
25¢4.00+30025%
33¢3.03+20333%
40¢2.50+15040%
50¢2.00-10050%
60¢1.67-15060%
67¢1.49-20367%
75¢1.33-30075%
80¢1.25-40080%
90¢1.11-90090%

💡 On Polymarket and Kalshi, the price in cents = the market's estimated probability. A contract at 65¢ = 65% implied probability.