EUROPEAN PRICE WAGER

European Price wagering is similar to Money Line wagering. These are usually displayed in decimal format and use two formulas to calculate payouts.

European Prices above 1.0
(Wager Amount) x (European Price) = Total Payout

European Prices below 1.0
(Wager Amount) x (European Price) + Wager Amount = Total Payout

Conversion

Here is the conversion formula for European Prices.

Use this formula if the Money Line has a minus sign "-".

European Price = (100 / (Money Line * -1)) + 1

Use this formula if the Money Line has a plus sign "+".

European Price = (Money Line / 100) + 1

The following table displays conversions of Money Lines to European Prices.

Note: European Prices do not always convert evenly into Money Lines since Money Lines are based on whole numbers.

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