Learn the difference between Chances and odds that are Decimal
Use our simple odds conversion graph
Calculate a wager in both chances and Decimal odds
The format for gambling odds may fluctuate depending on which part of the world you live in. The two most common options are American and overburdened chances. But what’s the difference, how do you compute returns for every format and convert from one to the other? Keep reading to find out.
It is important to note that the presentation disagrees before we delve into examples about how best to compute bet yields that have been presented in different odds formats.
Calculating profits with Decimal odds
Odds are used in Canada, Australia and Europe. The arrangement is a simple numerical representation of the return.
By simply multiplying the quantity you wish to wager by the Decimal odds offered, the return on a bet is easy to calculate remember that the yield includes your stake. Here’s an example of Decimal chances in a 1X2 soccer marketplace from Pinnacle