Stake meaning in betting what does 80

Fractional odds are some of the most simple to understand, as they present your potential winnings as a fraction of the money you stake: while the denominator represents the amount bet, the numerator is the amount your stake will yield in a winning bet. Want a real-life example? While these are more common at overseas betting exchanges, you may see these at US betting sites. For example, betting on a market priced at 2.

Another example of decimal odds in action would be betting on NHL game with odds of 9. Not only will this help you understand your potential return, but it also makes it easier to compare betting odds across sportsbooks. What About Decimals? Decimals are far more common on exchanges, such as Betfair, but all leading betting sites do give you the option to view betting odds in this format.

They are an alternative to seeing betting odds in the fraction format, and in our opinion, are easier to work out. Betting Example To make all this information slightly easier to understand, here is a quick example of a bet on a football match. If you were backing Arsenal to beat Liverpool you might see the odds of that outcome at 4. You can also use our bet calculator to help you calculate winnings.

Traditionally, fractional odds have been used in the UK, especially at racecourses and on the high street. There are two key differences. Generally, decimal odds are easier to understand. Based on this, there has a movement to attract more people to horse racing by making it more accessible to the average punter. Ten years ago, if you were going to Glorious Goodwood or Cheltenham, all the odds would be displayed as fractional odds.

The second difference between the formats is that fractional odds only represent winnings, and do not include the returned stake compared to decimals which do include the stake. The transition from fractional odds to decimals largely kicked off with the growing popularity of betting exchanges such Unibet and Ladbrokes. These are hard to compute for the punter and are not a great way of showing betting odds explained.

But sometimes you might need to convert them to understand. Our odds converter tool will allow you see odds in whatever format you like.

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