How do I read different types of odds?
When it comes to sports betting, there are several ways to display odds. The most common formats are American, Decimal, and Fractional odds. Here’s a simple breakdown to help you get started!
American Odds
American Odds show how much you can win based on a $100 wager. They appear as whole numbers with either a minus (–) or plus (+) symbol in front.
- Positive Odds: A positive number (e.g., +300) tells you how much you’ll win on a $100 bet.
- Example: +300 means a $100 bet returns $300 in profit (plus your $100 stake for $400 total).
- Negative Odds: A negative number (e.g., –180) tells you how much you need to bet to win $100.
- Example: –180 means you’d need to wager $180 to win $100 ($280 total return).
Quick note: $100 isn’t the minimum bet—our minimum wager is just $1!
Decimal Odds
Decimal Odds are popular in Europe and show your total return for every $1 wagered (stake included).
- Example: Odds of 3.75 mean a $10 bet would return $37.50 in total ($10 × 3.75).
- To calculate your payout: Multiply your stake by the decimal odds.
Fractional Odds
Fractional Odds are common in the UK and Ireland. These display your profit relative to your stake and are written as a fraction (e.g., 5/1 or 7/2).
- The first number is your profit, the second is the stake required.
- Example: 5/1 with a $10 bet = $50 profit + $10 stake = $60 total return.
- Example: 7/2 with a $10 bet = $35 profit + $10 stake = $45 total return.
- Quick formula: Total Return = Stake × (Numerator ÷ Denominator) + Stake
How to Change Your Odds Format
To customize how you view odds:
- Log in to your account.
- Select the ‘Sports’ Tab.
- Scroll down to ‘Settings’.
- Under General, choose your preferred Odds Format.
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