Fractional OddsFractional Odds are popular in the United Kingdom but are often utilized in horse racing. Fractional odds can also be known as British Odds, UK Odds, or Conventional Odds, and estimate the web total that will be paid out to the bettor — should they triumph — relative to their bet.
Example:
Bournemouth happens on Manchester United in the EPL
Bournemouth’s odds are 5/1, so a stake is x5 in the Event That You back Bournemouth
A #20 wager yields winnings of #100 (20 x 5 = 100)
In addition you get your #20 bet back
Payout = #120
On the other hand will see a payout of only #1 for each #5 wager. That usually means a total payout of #6 to someone betting #5.
Decimal Odds
Decimal Odds are popular in Europe, Australia and Canada, and several think they’re the simplest format to comprehend. Almost all online sportsbooks will supply the choice of displaying their chances in the decimal format, and this is sometimes known as European Odds in the united kingdom.
With decimal odds, the amount is the specific amount which will be paid out if the wager is a winner. Decimal odds are basically equal to the decimal value of the fractional odds, plus one.
Example:
You gamble with decimal odds of 2.00 in an Aussie Rules team
A Thriving wager of $100 on the group results in a triumph of $100
Complete payout = $200 (2.00 x your original bet of $100)
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