When you start betting on sports, you will see odds in different formats. These odds might look confusing at first, but they all show the same thing – how much you can win and what the chances are. This guide will help you understand the most common odds formats: decimal, fractional, and American.
Decimal Odds
This is the most common format in Europe. It is simple to understand.
If the odds are 2.00, it means you will get €2 back for every €1 you bet. That includes your original €1.
Example:
You bet €10 at odds of 2.50.
You will get €25 if you win. (€10 × 2.50)
Your profit is €15. (€25 – €10)
The lower the number, the more likely the team is to win. The higher the number, the less likely.
Fractional Odds
These are mostly used in the UK and Ireland. They look like this: 5/1 or 4/5.
The first number shows how much you win. The second number shows how much you need to bet.
Example:
5/1 means you win €5 for every €1 you bet.
4/5 means you must bet €5 to win €4.
They can be a bit harder to read, but the idea is the same. Lower fractions mean the team is more likely to win.
American Odds (Moneyline)
These are common in the United States. They use a + or – sign.
- +200 means you win €200 for every €100 you bet.
- –150 means you need to bet €150 to win €100.
If the odds have a minus sign, the team is more likely to win. If the odds have a plus sign, the team is less likely.
No matter how the odds are written, they all mean the same thing. They show how much you can win and how likely it is to happen. Some betting sites let you choose your preferred format in the settings.
Now that you know the difference, betting will feel a bit easier. Always remember to bet only what you can afford to lose.
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