Get Betting Odds: A Complete Guide

odds conversion format guide

The Three Main Betting Types

Get betting odds helps you pick smart bets. Let’s look at three main odds from all around the world: American odds, decimal odds, and fractional odds. 공식 검증 방법 보기

American Odds (+/-)

American odds show money you could win. A +150 means if you put $100 down, you win $150. But, a -150 needs you to put $150 down to win $100. This style is used in US for bets and shows who is less or more likely to win.

Decimal Odds

Decimal odds show you what you will get back, your first money included. A 2.50 decimal odd means a $100 bet brings you $250 total ($150 plus your $100). This easy way is popular in Europe and Australia, and is used more worldwide.

Fractional Odds

determining money payment amounts

Fractional odds, popular in UK betting, show the money ratio you get. A 5/1 fraction means a $100 bet brings you $500. This old style is still a hit in horse races and UK sports bets.

Changing Odds Types

Switching odds types is simple with basic math:

  • American +150 changes to 2.50 in decimal odds
  • Decimal 2.50 changes to 3/2 in fractional odds
  • Fractional 5/1 changes to +500 in American odds

Mastering this lets betters see value across all betting spots and countries, leading to smarter bet choices.

Kinds of Betting Odds

American Odds (Moneyline)

American odds, also called moneyline odds, are preferred across US betting sites and spots. These odds use plus and minus signs to show potential money back.

A plus sign (+150) shows possible win from a $100 bet, while a minus sign (-150) shows how much you need to bet to win $100. This system lets betters quickly figure out how much they might win back.

Decimal Odds

Decimal odds are big in European and Australian betting scenes, using a simple multiply-method to show money back. A full amount back for each unit staked is shown, bet included.

With the decimal form (2.50), bets are multiplied by the number shown to know total return. This way is clear and is becoming more common in online bets. The Best Casino Games for Beginners

Fractional Odds

Fractional odds, mainly used in UK betting scenes, show possible wins through old-fashioned fractions like 5/1 or 9/2. This method clearly shows the win ratio with the bet.

To find money back, multiply the bet by the fraction shown, then add the original bet. Old bookies love this method for its lasting value and simple display of bet worth.

Switching Between Odds

Understanding how to flip between these bet types is key for global betting scenes. Pro betters often have to look at odds across various spots to find the best value.

These days, betting sites have easy tools for changing between American, decimal, and fractional styles.