home
- betting guide - Introduction To Different
Type of Football Betting Odds
Introduction
To Different Type Of Football Betting Odds
Betting odds are
numbers, which are used to calculate
how much you can win from
betting at a given
stake. In general the rule is
- the higher odds the lower probability
of winning.
Basically betting odds can be presented
in three different formats.
Depending on which markets the
sports bookie target. Betting
odds are presented by either
the European, British or the
American standard. Some bookmakers
support more than one of these
standards.
Please note, that when converting
betting odds into the British standard,
round-off errors may occur,
since some betting odds don't have an
exact translation into British-style
fractions. Here, will show the
nearest fractional odds. Below
is an example of how betting odds are
presented in different ways.
Example: Brazil vs. England
(Soccer)
European odds : 1.40 | 3.75
| 5.00 (also called decimal
odds)
UK odds : 2/5 | 11/4 | 4/1
US Odds : -250 | +275 | +400
We have some calculations for
the various type of odds format
with stake of $200. It is important
to distinguish between the payout
to your betting account after
a win, and your winnings, which
is the payout minus your stake.
European Odds ( Decimals )
European odds multiplied by
your stake equals the payout.
The odds show how many units
the bookmaker pays out per unit
staked.
Example: For Euro odds 1.40
Payout: Stake x Euro
odds | $200 x 1.4 = $280 Winning: Stake x Euro
odds - Stake | $200 x 1.4
- $200 = $80
UK Odds ( Fractions )
UK odds can be divided into
positive betting odds and negative
betting odds.
Negative betting odds show how big a
stake is needed for a winning
of 100 units. Positive
betting odds
show how big your winnings are
if you bet 100 units.
Example: For UK odds 2/5
Payout: Stake x (UK odds + 1)
| $200 x (2/5 +1) = $280 Winning: Stake x UK odds
- Stake | $200 x 2/5 - $200 =
$80
US Odds
US odds can be divided into
positive betting odds and negative
betting odds.
Negative betting odds show how big a
stake is needed for a winning
of 100 units. Positive
betting odds
show how big your winnings are
if you bet 100 units.
Negative Odds (necessary
stake for a winning of 100 units):
Example: -250
Payout: Stake x (1 + 100/US
odds) | $200 x (1 + 100/250)
= $280 Winning: Stake x 100/US odds
- Stake | $200 x 100/250 -
$200 = $80
** Notice that the negative
sign in front of the odds is
changed in the calculation.
The number has to be positive.
Positive Odds (winning
with a stake of 100 units):
Example: +275
Payout: Stake x (1 + US odds/100)
| $200 x (1 + 275/100) = $750
Winning: Stake x US odds/100
| $200 x 275/100 = $550
Tips : Decimal odds
is much easier to
calculate the winning
return.
