What are decimal odds in soccer betting?
Decimal odds show the total return for every $1 staked, including the stake. Odds of 2.50 mean a $10 bet returns $25 if it wins, which is $15 profit.
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The formula is simple: return equals stake times decimal odds, and profit equals return minus stake. Odds of 2.00 are even money, the same as +100 in American odds. Prices below 2.00 are favorites and prices above 2.00 are underdogs.
For example, 1.60 converts to -167 in American odds and means a $10 stake returns $16. Odds of 3.25 convert to +225 and return $32.50 from the same $10. To get implied probability, divide 1 by the odds: 1 divided by 2.50 is 40%.
Decimal odds are the easiest format for comparing prices and building parlays, because you simply multiply the legs together. A common error is forgetting that the number already includes the stake, which leads to overestimating profit.
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Related terms
American odds · Fractional odds · Implied probability · Parlay (accumulator) · Bookmaker margin (vig or juice)
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