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Fractional odds are written a − b (a/b or a to b), meaning a winning bettor will receive their money back plus a units for every b units they bet. Decimal odds are a single value, greater than 1, representing the amount to be paid out for each unit bet. For example, a bet of £40 at 6 − 4 (fractional odds) will pay out £40 + £60 = £100.
Thus even odds 1/1 are quoted in decimal odds as 2.00. The 4/1 fractional odds discussed above are quoted as 5.00, while the 1/4 odds are quoted as 1.25. This is considered to be ideal for parlay betting, because the odds to be paid out are simply the product of the odds for each outcome wagered on. When looking at decimal odds in betting terms ...
Since the odds are as close to 50% as possible, bookmakers offer payouts close to even money, or 1.90 to 2.00. Asian handicaps start at a quarter-goal and can go as high as 2.5 or 3 goals in matches with a huge disparity in ability. What makes Asian handicaps most interesting is the use of quarter goals to get the "line" as close as possible.
The Eagles were -4.5 in the lookahead line last week and it's up to -6.5 after the Falcons lost in Week 1. The key to Week 2 is to not overreact, and there was clearly a reaction to Atlanta after ...
In making a bet where the expected value is positive, one is said to be getting "the best of it". For example, if one were to bet $1 at 10 to 1 odds (one could win $10) on the outcome of a coin flip, one would be getting "the best of it" and should always make the bet (assuming a rational and risk-neutral attitude with linear utility curves and have no preferences implying loss aversion or the ...
Decimal odds of 2.00 are an even bet. UK format (fractional odds) are used by British bookmakers. They are the ratio of the amount won to the stake – the solidus "/" is pronounced "to"; for example, 7/1 is "seven to one". Fractional odds of 1/1 are an even bet. US format odds are the amount won on a 100 stake when positive, and the stake ...
Hillary Clinton's odds stood at -323 at the 75 day mark, but Clinton went on to lose the election in one of the two times the betting underdog won on election night.
At present, Australian odds are expressed as a $ figure: 2–1 is now shown as $3 (2–1 plus the $1 stake). Odds on: Odds which are shorter than evens (e.g. 1–2 or 2–1 on). In Australia, this is more commonly displayed as $1.50, using the above example in odds against. [6] [15] Odds on look on: An old adage used by punters in which the ...