Odds tell you how much you can win and how likely an outcome is. Learn to read the three common formats.
Decimal odds
Decimal odds show your total return per unit staked. Odds of 2.50 return 2.50 for each 1 bet, which includes your original stake.
Fractional and American odds
Fractional odds like 5/2 show profit relative to stake, so 2 staked wins 5. American odds use plus and minus numbers to show profit on 100 or the stake needed to win 100.
Odds and probability
Odds imply a chance of winning, and bookmakers add a margin to every market. Comparing prices helps you avoid paying more than you need to.
Play responsibly
This article is for information only and is aimed at adults aged 18 and over. Gambling carries risk and the house always has an edge, so only play with money you can afford to lose and use the limits your casino offers.