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Fixed Odds Betting [Wiki]
Odds [Wiki]

"In probability theory and statistics the odds in favour of an event or a proposition are the quantity p / (1 − p) , where p is the probability of the event or proposition."
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1x2 to Moneyline Calculator
1 x 2

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Guide: In moneyline (or 0:0 handicap) bet you normally get your stake back when game ends tie (draw) -so you only bet the winner. With this calculator you can convert either 1x2 odds (EU/UK/US) or 1x2 probability percentages to moneyline probability percentages and odds.