Decimal Odds Converter to Fraction Odds & Decimal Odds Explained
Decimal odds are a more straightforward way of working out betting odds – and they do not give you a hassle each time that you would like to place a bet.
Do you know the difference between 4/7 and 8/13? No? Well, not many folks do. However, with decimals you would know immediately.
How can odds work?
If the decimal odds are 2.2 and you place a back bet of #10 and win, your total return is #10 x 2.2 = #22. This is equal to a traditional price of 6/5.
Decimal odds make it a whole lot easier to figure out which price is greatest – the larger the number, the higher the yield. Have a look at the table below to view.
The key part to keep in mind is that decimal odds consistently incorporate the unit wager – therefore each price tag that you see on Betfair will probably be .
Fractional odds represent the profit – 5/1 means you’ll win five pounds for every 1 pound staked.
Decimal odds represent the return – 2.2 means you will get #2.20 for each pound invested, such as your bet.
If you’re struggling with decimal chances, now you can use our mouse-over odds displays – standard odds over every price. Every market on Betfair has an odds-converter table.
Click ‘What are decimal odds?’ From the Help section on the right hand side of the display, as noticed below.
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