Fractional OddsFractional Odds are popular in the United Kingdom but are also frequently utilized in horse racing. Fractional odds may also be referred to as British Odds, UK Odds, or Conventional Odds, and quote the net total which will be paid out to the bettor — if they win — relative to their stake.

Example:

Bournemouth takes on Manchester United in the EPL
Bournemouth’s chances are 5/1, so a stake is x5 if you back Bournemouth
A #20 wager yields winnings of #100 (20 x 5 = 100)
You also receive your bet back that is # 20
Payout = #120
On the other hand will see a payout of only #1 for each #5 bet. That means a entire payout of #6 for a person.

Decimal Odds
Decimal Odds are most popular in Europe, Australia and Canada, and several think they’re the simplest format to comprehend. Almost all online sportsbooks will supply the option of displaying their odds in the decimal format, and this is sometimes called European Odds in the UK.

The figure quoted is the amount which will be paid out when the bet is a winner. Decimal odds are essentially equivalent to the decimal value of the fractional odds, and one.

Example:

You gamble with odds of 2.00 in an Aussie Rules team
A wager of $100 on the group results in a triumph of $100
Total payout = $200 (2.00 x your original bet of $100)

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