Fractional OddsFractional Odds are very popular in the United Kingdom but are often utilized in horse racing. Fractional odds can also be known as British Odds, UK Odds, or Traditional Odds, and estimate the web total which will be paid out to the bettor — should they win — relative to their stake.
Example:
Bournemouth takes on Manchester United at the EPL
Bournemouth’s chances are 5/1, so a bet is x5 in the Event That You back Bournemouth
A #20 bet yields winnings of #100 (20 x 5 = 100)
In addition you receive your bet back that is # 20
Payout = #120
On the other hand will observe that a payout of only #1 for each bet. That usually means a entire payout of #6 for a person betting #5.
Decimal Odds
Decimal Odds are most popular in Europe, Australia and Canada, and many think they’re the easiest format to comprehend. Almost all online sportsbooks will supply the option of displaying their odds in the decimal format, and this can be known as European Odds in the UK.
With odds, the figure quoted is. Decimal odds are essentially equivalent to the decimal value of the fractional odds, plus one.
Example:
You bet in an Aussie Rules team
A successful 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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