Understanding the Main Types of Betting Odds They may not seem as simple as other types of odds but are easy to understand once players become accustomed to them.įor those who plan on getting started betting in a casino, sportsbook, or any type of wagering, it’s critical to understand how all odds formats work. Some people may think fractional odds are difficult to read and understand.
mainly use American odds markets in Europe and other parts of the world prefer decimal odds, while in the UK, fractional (British) odds are the most common.Īs the name implies, fractional odds are written as fractions. The odds displayed by bookmakers are primarily dependent on the region they’re located.
Understanding how Fractional odds work & why they are different?