Difference between revisions of "Odds format"
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(Created page with "Betting odds can be displayed in a variety of formats, some of which are more common in different areas of the world. Some of the most common odds formats: * American odds...") |
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* [[American odds]] - Primarily used in the United States. Utilizes positive and negative numbers to indicate potential profit relative to a 100 unit risk. | * [[American odds]] - Primarily used in the United States. Utilizes positive and negative numbers to indicate potential profit relative to a 100 unit risk. | ||
* [[Decimal odds]] - Frequently used in Europe, Canada, and Australia. Uses a decimal value to indicate potential return relative to initial risk. | * [[Decimal odds]] - Frequently used in Europe, Canada, and Australia. Uses a decimal value to indicate potential return relative to initial risk. | ||
| − | * [[Fractional odds]] - Often used to describe betting markets with [[long odds]. Odds represented by a fraction which indicate potential profit relative to initial risk. | + | * [[Fractional odds]] - Often used to describe betting markets with [[long odds]]. Odds represented by a fraction which indicate potential profit relative to initial risk. |
Latest revision as of 20:32, 1 November 2019
Betting odds can be displayed in a variety of formats, some of which are more common in different areas of the world.
Some of the most common odds formats:
- American odds - Primarily used in the United States. Utilizes positive and negative numbers to indicate potential profit relative to a 100 unit risk.
- Decimal odds - Frequently used in Europe, Canada, and Australia. Uses a decimal value to indicate potential return relative to initial risk.
- Fractional odds - Often used to describe betting markets with long odds. Odds represented by a fraction which indicate potential profit relative to initial risk.