An Explanation of the 3 Main Types of Odds Found in Sports Betting
Remember odds are just an opinion set by a bookmaker on the chances of an event occurring. These are expressed numerically. World-wide there are three main ways of expressing these odds figures. We are not restricted by geographical boundaries, 안전놀이터 sports betting is a global business. Lets call these different types of odds the UK way, the European way and the US way. UK or fractional odds. These are known as fractional odds because they are expressed as two figures like a fraction. The example above with Henman and Hewitt used fractional odds. Here are some examples: 10/1, 6/4, 4/6 and 1/3. If we were speaking these odds we would say ten to one, six to four, four to six on and three to one on. Lets take each example in turn: 10/1. As with all fractional odds the first or top figure is your profit and the second or bottom figure is the amount you need to stake to make that profit. So for a profit of 10 units we need to stake 1 unit. If we stake $1 we would make a profit of $10, as