Sports betting odds indicate the team's chance to win. There are three types of sports odds.

1. 5/1 Odds In Decimal
2. 5/1 Odds In Decimal

1. Moneyline or American odds (-110)
2. Fractional or UK odds (5/1)
3. Decimal or European odds (2.5)

A big advantage of using online bookmaker, besides betting on sports events taking place anywhere in the world, is the possibility to choose the betting odds you prefer, so you won't have to convert them manually. But still we will explain them all.

American odds

5/1 Odds In Decimal

American odds work differently for the favorites and the underdogs. The odds for the favorite express how much money you need to risk to win $100. For example, if the odds are -170 you have to bet $170 to win $100 and collect a payout of $270. The American odds for the underdog show how much money you would win if you risk $100. If the odds are +400, you would win $400 for a $100 bet and receive a total payout of $500.

5/1 Odds In Decimal

Fractional odds

Decimal odds are favoured by betting exchanges because they are the easiest to work with for trading, as they reflect the inverse of the probability of an outcome. For example, a quoted odds of 5.00 equals to a probability of 1 / 5.00, that is 0.20 or 20%. Decimal odds are also known as European odds, digital odds or continental odds. The Wildcats are favored by 7.5 points in the game, the first matchup between the squads this season. The matchup's over/under is 151.Betting Information Kentucky vs South Carolina Betting Information Favorite Spread Favorite Spread Odds Underdog Spread Odds Total Over Total Odds Under Total Odds Favorite Moneyline Underdog Moneyline Kentucky -7. Decimal odds are similar to fractional odds we’ll be covering below – they equal the decimal value of the fractional odds plus 1. Fractional Odds. Although they may look complicated to new punters, fractional (UK) odds are pretty simple to understand. They are displayed in a format of 1/5 or 5/1.

Fractional (traditional, UK) odds are often used in horse racing. They show how much you would win, relative to the wager. For example, odds 1/5 show that you would win $20 on a $100 bet. The odds 10/1 express that you would win $1000 on a $100 bet (payout $1100).

For example: Odds of 5/1 will return greater winnings than odds of 1/5. If you were to stake £10 on odds of 5/1, then your return would be £60. However, if you were to stake £10 on odds of 1/5, your return would only be £12. Understanding moneyline odds. Negative american odds - Negative 100 divided by (the decimal odds minus one) e.g. A decimal value of 1.2 = -100 / (1.2 - 1) = -500. Also See Betting Calculator - Enter your odds and stake to calculate bet returns for all types of sport wager.

Decimal odds

Decimal odds are widely used in Europe, Australia and Canada. They are the easiest to understand because you simply have to multiply the value of your bet with the decimal odds and you will get the total payout (bet+winnings). For example, if the decimal odds are 2.5 and you risk $100, you would receive $250 in total payout (2.5*$100).

Odds comparison

The table below shows you how percentage chance, American odds, fractional odds and decimal odds are expressed to mean the same thing.