By navigating our site, you agree to allow us to use cookies, in accordance with our Decimal odds are widely used online and around the world, because they are easier to understand than traditional fractions and provide more betting options. Decimals allow smaller increments and better competition for prices. Betfair Education; Decimal Odds Converter Join today; Log in; More from Betfair. Many betting websites - including the Betfair Exchange - now use decimal odds as standard, so let’s take a closer look at this popular format. Scroll to the end of the article for our decimal odds calculator...Which is the bigger price - 8/13 or 4/7? By navigating our site, you agree to allow us to use cookies, in accordance with our Not sure about decimal odds? The Greyhound Racing odds shown in the blue boxes are set by the layers, and the odds shown in the pink boxes are set by the backers. Betfair Sportsbook uses both fractional and decimal odds, you can switch between the two at any point, either from: Desktop: by selecting either fractional or decimal from the black banner at the bottom of the page. To help personalise content, tailor your experience and help us improve our services, Betfair uses cookies.
At the bottom of each page, just above the page footer, you find "View odds as:" which enables you to toggle between "Fractional" and "Decimal" odds. You will always sees the fractional conversion here on Betting.Betfair when you roll over the decimal odds but some examples [1.2] is 1/5 [1.5] is 1/2 [2.0] is evens [2.5] is 6/4 [3.5] is 5/2 When placing a bet, your odds will be displayed in one of two ways, fractions or decimals, and many betting websites, including the Betfair Exchange, now use decimal odds as standard, so it’s important to understand how it works. For example, instead of 2.5 (6/4), you could ask for 2.52, 2.54, 2.56 or 2.58, which are all available on the Exchange before the next standard fraction of 2.6 (8/5). The purpose of sports betting odds. If it is negative, divide 100 by the moneyline amount (without the minus sign) and add 1. Odds Conversion Guide. You will always sees the fractional conversion here on Betting.Betfair when you roll over the decimal odds but some examplesUse our widget to convert any odds - from decimal to fractional, and vice versa.For any queries relating to Betting.Betfair, e-mail Odds are a numerical way of describing the probability of an outcome occurring. Once set, the page will remember your preference the next time you enter the site. Greyhound Racing decimal odds are easy to understand, because they represent the payout you'll get if you win – e.g. Fractional odds represent the profit - 5/1 means you will win five pounds for every one pound staked - whereas decimal odds So, think of decimal odds in monetary terms. Decimal odds are popular because they are easy to understand, displaying the total return from a 1 unit stake. FAQ – Frequently Asked Questions about Odds Converting How do use our Odds Converter? To convert decimal odds to fractional, subtract 1.00 and then find the nearest whole integers (so 3.75 - 1.00 becomes 2.75/1, or 11/4). To help personalise content, tailor your experience and help us improve our services, Betfair uses cookies. To convert moneyline odds to decimal, if the moneyline is positive, divide by 100 and add 1. How to Work Out Implied Probability From Decimal Odds. Use our converter to see what they are in traditional fractions - and vice versa...For any queries relating to Betting.Betfair, e-mail 8.9 means you'll receive 89 for every £10 you bet, including your stake, if the bet wins. Betting.Betfair More Betfair Player Featured Betfair Player. Even if you are familiar with bookies' fractions, then it might take you a while to work out which is better. Equation: (1/ decimal odds) * 100 = implied probability Example: 1 /4.00 * 100 = 25% Find other bet calculators and interesting offers, like the bet365 bonus code, on mybettingsites.co.uk.
Divide 1 by the decimal, and multiply it by 100%. With decimal odds, you would instantly see that 1.61 is bigger than 1.57. [5.5] means a £5.50 return on a £1 bet, [4.3] means £4.30 and so on. The odds are calculated by bookmakers like Betfair and Paddy Power in a way that allows them a small profit margin. As a Betfair member, you can ask for the Greyhound Racing odds that … Mobile: by clicking on your balance and selecting 'Settings' and 'Odds Display'.
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