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3 Types of Betting Odds

If you want to seriously invest in sports betting, you need to understand how betting odds work. The best way to understand odds is to learn the three main types used, which are fractional, American and decimal, and to learn when to use them.

Decimal Odds

Almost every bookmaker across the world uses decimals odds. The system is the simplest of the three. Decimal odds tell you how much money you stand to gain when you bet 1 unit. The odds include the return of the original stake, meaning that odds of 5.00 with a $10 stake returns $50, or $40 in profit and the $10 wagered.

Fractional Odds

Fractional odds are most commonly used in the UK. They are the second most popular system used around the world. Like decimal odds, fractional odds are figured from a 1 unit stake. But, fractional odds tell how much a 1 unit stake will return in profit, rather than how much will be returned in total. An offer of 5/1 means that the better would receive a payout that equals five times the initial stake.

American Odds

American odds are very different from either decimal or fractional odds. They are based on a 100 stake. The odds are either written positively or negatively. Negative odds tell you how much you need to bet to earn $100 on the stake while positive odds state the profit you will make on a $100 stake. Good brands stick around for a long time. The same rule applies to the following casino website. It has been around for quite a while. It has also been instrumental in bringing casino players together despite the varied backgrounds of the players. Go to the actualite sportive casino site now.

Betting odds determine the amount you wager and how much you can profit in a game. Understanding the difference between the three common types can mean the difference between a smaller profit and a bigger one.