Decimal odds below 2. Odds above 2. Decimal odds are also the most economical way to bet parlays, because the true odds will be calculated. Unlike traditional parlays which are calculated by the number of teams, parlays bets placed with decimal odds with give sports bettors the fairest and most accurate odds, maximizing their edge, so keep this in mind when using the best betting sites. Decimal odds are the most widely used odds across continental Europe and continue to spread to other parts of the world.
It is imperative for the modern day sports bettor to understand decimal odds, as they are used at many online books and betting exchanges.
Decimal is one of many odds formats used by sports betting companies to present the likelihood of something happening or not happening. Decimal odds are always presented in decimal format and may have no, one, or two decimal places.
For example, you may see decimal odds of 2, 2. Easy - simply divide the fractions and add one. The one represents your stake. This equals 4. A line that is odds-on in decimal format will always be a decimal of 1. Understanding Decimal Odds Decimal odds take two seconds to calculate, they are simply your stake multiplied by the odds, which then equals your payout. By navigating our site, you agree to allow us to use cookies, in accordance with our Cookie Policy and Privacy Policy.
In a nutshell Decimal odds are widely used online and around the world, because they are easier to understand than traditional fractions and provide more betting options. Scroll to the end of the article for our decimal odds calculator Even if you are familiar with bookies' fractions, then it might take you a while to work out which is better.
With decimal odds, you would instantly see that 1. Decimals allow smaller increments and better competition for prices. For example, instead of 2. The process of matched betting means that you eliminate the risks usually associated with gambling.
Here at OddsMonkey, we have a range of software, services and support matched betting tool called the OddsMatcher. Using decimal odds, it finds the best matches between back and lay odds and helps you extract real value. So, to wrap up, decimal odds are an easy way to compare the odds at both the bookmaker and the exchange to find the best matched bets. What is the World Matchplay? The World Matchplay is an annual darts tournament, sponsored by Betfred.
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