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Odds Format

Not understanding the odds? Find out how to read them or change them to what you are used to seeing

Updated over a week ago

There is a lot of ways you can see odds on our site, here is the explanation of it and how to change it.

Decimal

One of the main ways in which bookmakers express the odds of a team or competitor winning is using decimal odds. Here, the odds are stated in numbers that include decimal points and the amount bet is included in the odds offered.


This means that if the book maker offers odds of 2.5 on a particular team winning and an individual places a bet of $100 on the team and the selection wins, the individual will be credited 2.5 times $100 totally $250. In order to make sure that the gambler can collect more than they bet when they place a winning bet, the odds are always greater than 1 in this system. Otherwise, the winning gambler would end up losing money after placing the bet.

Fractional

Fractional odds are expressed as 6/5 or six to five and so forth. Here, the first number is the amount that can be won if the sum placed as a bet is equal to the second number. For instance, when the odds offered are 9/4 that a particular team or horse will win, the gambler needs to place $4 as a bet and can win $9 if they pick the winning team. The book maker will then have to pay the gambler $9 plus $4, that is, $13. This is because the amount bet has to be returned along with the amount won.

American

One other way in which bookmakers represent the sports betting odds is by placing a plus or minus sign before a number. This is called the American odds representation. Here, when a minus sign precedes a number it shows how much money needs to be bet on a team or competitor in order to win $100. Typically, this number is greater than 100 and indicates that the team or competitor is a favorite or expected to win.

On the other hand, book makers will place a plus sign in front of a number to indicate the amount in dollars the gambler will win if they bet $100 on the team or competitor who is the underdog. In both cases, the winning gambler collects not only the prize amount but also the amount placed in bet. As such a gambler betting $115 in a -115 bet will collect $215 from the book maker if his favorite team wins.


To change the presented odds in to the format in which you are use to, simply head to the odds format option within the sports menu on the left hand side of the page. Here, you will be able to select the desired format!

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