Odds conversion calculations vary depending on the odds formats in question. A £10 bet on -160 odds would win you £6.25 profit. With American odds, positive odds tell you how much you’ll win from placing a £100 wager, while negative odds show you how much you need to wager to win £100.Īmerican odds reflect your net profit, so a £10 bet on +130 odds would net you £23 – £13 profit. AmericanĪs the name suggests, these odds are used at US sportsbooks. So if you win a £10 bet with 2.5 odds, you’ll get £25 back – your £10 stake plus £15 profit. The decimal odds reflect your total returns, meaning both your profit and original stake. To calculate your potential winnings, you simply multiply your stake by the decimal odds. Decimalĭecimal odds now rival fractional odds as the most popular format and are the default format in most of Europe, Australia and Canada because of their simplicity. The numerator reflects the net profit, so a £10 bet with odds 2/1 will see you win £20 profit.Įqually, if you place a wager where the numerator is smaller than the denominator, such as 1/5, then you will win £1 for every £5 you place. With fractional odds, the numerator tells you how much you’ll win when you place a bet equal to the value of the denominator. Fractionalįractional odds are traditionally most common at UK betting sites, but you’ll find them at the UK’s newest bookies too. Let’s take a closer look at the differences between each odds type. The various odds formats are designed to tell you something different about the price of a bet.
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