Decimal Odds in Online Sports Betting
Decimal odds in online sports betting are an equation that can help you determine how much you can win on a particular bet. The formula for this type of odds is simple and can be understood easily. In general, the lower the number, the bigger the favorite. On the other hand, the higher the number, the underdog.
Decimal odds are the most common form of odds used in Singapore best online sports betting site. They are commonly found across Europe and the United States, but are also used in other parts of the world. When displaying these odds, the bettor is given the amount that they can expect to win on each $1 wager. For example, if Player A has odds of 4.50, he has a 17.1% chance of winning the bet. This means that a $100 wager could bring the bettor a $700 return.
Fractional odds are another type of odds. They are generally displayed as 7/2. This is because a bet with fractional odds is a two-to-one bet. If the bettor is betting on Player B, his odds are 2/6. With this format, a bettor would need to risk S$1 to get S$1.25.
Other odds formats, such as Asian and Hong Kong, also use decimals. These formats are often similar to those of the American moneyline. Nevertheless, they may be confusing for bigger bets. To make the process easier, try using one of the betting odds comparison sites. It will simplify the process of choosing a site and allow you to see how much you can expect to win.