Decimal odds are a more straightforward way of exercising betting odds – and they do not give you a headache every time that you want to place a bet.
Do you know the difference between 8/13 and 4/7? No? Well, not many people do. However, you’d know instantly.
How do decimal odds work?
If the decimal chances are 2.2 and you also put a back bet of 10 and triumph, your entire return is #10 x 2.2 = #22. This is equal to a conventional cost of 6/5.
Decimal odds make it much easier to figure out which price is best – the bigger the number, the greater the yield. Have a look at the table below to view.
The vital part to remember is that decimal odds consistently include the device stake – therefore each price you see on Betfair will be .
Fractional odds represent the profit – 5/1 means you’ll win five pounds for every 1 pound staked.
Decimal odds represent the return – 2.2 means you will receive #2.20 for each pound invested, including your bet.
If you’re struggling with decimal odds, now you can utilize our mouse-over chances displays – standard odds over every cost. Every market on Betfair also has an odds-converter dining table.
Click on’What are odds?’ From the Help section on the ideal hand side of the display, as seen below.