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Odds - What are they and how can I change them?

The odds of a bet indicate how much you'll win if you pick the right choice. It can be presented in 3 different ways. The odds themselves don't change when you change visualization, it's just a different way to represent them.


Decimal Odds

  • Format: Typically seen as a number with one or two decimal points (e.g., 2.50, 1.75).

  • Calculation: To calculate your potential payout, multiply your stake by the decimal odds.

    • Example: If you bet $10 at odds of 2.50, your payout would be $10 x 2.50 = $25 (including your stake).

  • Interpretation: Decimal odds represent the total return for every dollar bet. For instance, odds of 2.50 mean you win $1.50 for every $1 bet, plus your original stake.


American Odds

  • Format: Can be either positive or negative (e.g., +200, -150).

  • Positive Odds: Show how much profit you'd make on a $100 bet.

    • Example: +200 means you’d win $200 on a $100 bet.

  • Negative Odds: Indicate how much you need to bet to win $100.

    • Example: -150 means you must bet $150 to win $100.

  • Calculation:

    • For positive odds: (Odds/100) x Stake + Stake

    • For negative odds: (100/Odds) x Stake + Stake


Fractional Odds

  • Format: Expressed as a fraction (e.g., 5/1, 10/3).

  • Calculation: The numerator (first number) represents the profit, and the denominator (second number) represents the stake.

    • Example: A bet of $10 at 5/1 means you’d win $50 (5 times your stake) plus your original $10 back, totaling $60.

  • Interpretation: 5/1 means you win $5 for every $1 bet, while 1/1 (even odds) means you double your money.


Summary

  • Decimal Odds: Easy to calculate total returns.

  • American Odds: Differentiate between favorites and underdogs; positive and negative formats.

  • Fractional Odds: Traditional format showing profit relative to stake.


Where can I change the type of odds?

You can change the way you see the odds at the bottom of the right menu, where you can also see all the sports available to bet.

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