Understanding Decimal Odds
Decimal Odds are popular in Europe, Australia and Canada, and many think they’re the easiest format to comprehend. Almost all online sportsbooks will supply the option of displaying their chances in the decimal format, which is sometimes called European Odds in the UK.
With decimal odds, the amount is the amount that will be paid out if the bet is a winner. Decimal odds are basically equivalent to the decimal value of the fractional chances, plus one.
Armed with the knowledge, you must have a pretty good idea of how to read sports lines. However, as we have mentioned elsewhere, sportsbook odds can appear in any of the above formats so that it’s helpful to have the ability to compare and convert between them.
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