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"/> How Do Odds Work? – Beauty Gids
15/10/2019 by Site-standaard in Geen categorie

How Do Odds Work?

Opportunities Could be displayed in two ways: Fractions or Decimals

You will likely be most familar with odds as fractions (e.g. 3/1). But, you may choose to show them as decimals (e.g. 4.00) if you desire.
The way to Change Odds Format
Below is a table highlighting the difference between the two: Fractions
Decimals
What exactly does it imply?
3/1 4.00
Set #/$1 euro to reunite #/$4 (#/$3 euro winnings + #/$1 stake)
4/1 5.00
Set #/$1 euro to reunite #/$5 (#/$4 euro winnings + #/$1 stake)
11/2 6.50
Set #/$ two euro to reunite #/$13 (#/$11 euro winnings + #/$ two bet )
Fractions
Whenever you see two numbers separated by a dip, i.e. 10/1, this really is a fractional betting odd.
Fractional odds allow you to calculate just how much you are going to win on your bet compared to you stake. The number on the left(e.g. 10) is how much you could acquire. The amount on the right is you want to bet.
9/1 for every #/$1 you bet, you will win #/$9. Additionally, this can be computed as 1 / (9 + 1) = 0.10 – There’s a 10% probability that the event will take place.
1/1 for each #/$1 you bet, you’ll win #/$1. Additionally, this can be computed as 1 / (1 + 1) = 0.50 – There is a 50% likelihood that the event will take place.
1/4 for each #/$4 you bet, you will win # 1 /$1. This can also be computed as 4 / (4 + 1) = 0.80 – There is a 80% probability that the event will happen.
Decimals
At any time you see odds displayed in numerical form i.e. 9.00, this is a decimal betting odd.
Decimal odds allow you to calculate how much you will be returned if your bet triumph. Simply multiply your stake by the decimal number displayed and that’s how much you’ll receive – including your bet. The decimal odds are displayed up to two decimal places, but the return will be paid off by calculating at the real odds, to the closest #/$ 0.01. By way of instance, if your bet is placed at odds of 4.3333333 (this can be 10/3 in fractional), a #/$10 bet would reunite #/$43.33 if it wins, but your chances would show as 4.33.
9.00 for each #/$1 you bet, you’ll win # 1 /$8. You’ll also receive your #/$1 stake back so your total return is # 1 /$9.
2.00 for every #/$1 you bet, you’ll win #/$1. You’ll also get your #/$1 bet back so your total return is # 1 /$2.
1.25 for each #/$4 you bet, you will win #/$1. You’ll also receive your #/$4 bet back so your whole return is #/$5.

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