Decimal odds are a more straightforward method of working out gambling odds – and they do not give you a hassle each time you want to place a wager.
Do you know the difference between 4/7 and 8/13? No? Well, only a few people do. But you would know.
How can decimal odds work?
If the decimal chances are 2.2 and you also put a back wager of 10 and triumph, your total return is #10 x 2.2 = #22. This is equal to a conventional cost of 6/5.
Decimal odds make it a whole lot easier to find out which price is best – the larger the number, the higher the return. Have a look at the table below to view.
The vital part to remember is that decimal odds consistently include the device wager – thus every price that you see on Betfair will be >1.
Fractional odds represent the gain – 5/1 means you will win 5 pounds for every one pound staked.
Decimal odds signify the return – 2.2 means you’ll receive #2.20 for each pound spent, such as your stake.
If you’re struggling with decimal odds, now you can utilize our mouse-over chances displays – standard odds over every price. Every market on Betfair also has an odds-converter dining table.
Click ‘What are odds?’ From the Support section on the right hand side of this display, as seen below.