Understanding Fractional Oddsįractional odds (or British odds) are the most commonly used odds, typically written with a slash or a hyphen. Event predictions can be given in any of the three types of odds. In a nutshell, they represent different numerical formats for the same thing and make no difference in terms of payouts. There are three main types of betting odds: fractional, decimal, and American.
We’re going to explain how sports betting works, and help you make better-informed decisions when you want to put money on something.įirst, let’s see what betting odds even are:īetting odds are the chances of events happening, and they’re compiled by bookmakers.
Even though betting odds can seem confusing at first, knowing what chances your selections have of winning is crucial if you want to improve your betting success.
