To calculate your payout, all you have to do is multiply the odds by the amount you’re wagering. So, if team A has 2.1 while team B has 1.4, A is the underdog while B is the favorite. Normally, underdog decimal odds go beyond 2.0, while favorite decimal odds stay below 2.0. The underdog will have higher odds than the favorite. This is similar to fractional odds but different from American odds, which show the total return for every $100. Thus, they’re usually a decimal number, like 1.4 or 2.5. What are Decimal Odds?ĭecimal odds show the total return for every $1 wagered for a particular line. They are the most common outside of the United, and for many, the most intuitive odds. ![]() The latter will be our focus for this article. ![]() In that regard, there are three systems of odds fractional, American, and decimal odds. One of the first things you’ll learn in sports betting is the type of odds used.
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