Understanding Decimal Odds
Decimal Odds are most popular in Europe, Australia and Canada, and several think they’re the simplest format to comprehend. All online sportsbooks will offer the option of displaying their chances in the decimal format, which is known as European Odds in britain.
The amount is the exact amount which will be paid out if the bet is a winner. Decimal odds are essentially equal to the decimal value of the fractional chances, plus one.
Armed with the information, you should now have a good idea of how to read sports lines. However, since we have mentioned elsewhere, sportsbook odds can appear in any of the above formats so that it’s helpful to have the ability to compare and convert between them.