Beginner guide
How to Read Odds
Odds show the price of a selection and the return if it wins. This guide explains the formats without jargon.
18+ only. Betting involves risk. This guide is educational and does not promise profit.
Decimal odds
Decimal odds show total return for each unit staked. A 2.50 price returns 2.50 for every 1 staked if the bet wins, including the stake.
Fractional odds
Fractional odds show profit relative to stake. 3/1 means a winning 1 stake returns 3 profit plus the original stake.
Implied probability
Lower odds mean the outcome is priced as more likely. Higher odds mean the outcome is priced as less likely. Odds do not guarantee what will happen.
FAQ
Do higher odds mean a better bet?
No. Higher odds mean a bigger possible return, but usually a lower chance of winning.
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