Now, the other purpose of odds is to determine how much you will get if your wager wins. Hence, if you are betting on a team that has bigger chances of winning than the other one, and they win, you will gain a very small profit, as opposed to what you could get if you bet on the team which is less likely to win. If the outcome is very likely to happen, the odds are as low as they can be, and vice versa. One of the purposes of odds in sports betting is to show how likely a particular outcome is to occur. Now, let us explain the betting odds to you so that the next time you are at a sportsbook, you will know what you are doing. When it comes to American odds, an even bet is displayed as +100 (2 in decimal odds). If that number is -200 (1.5 in decimal odds), it means that you need to stake £200 to get £100 in return if your bet is correct.

It means that you would get £200 back with a bet of £100. Please Gamble Responsibly #ADįor instance, let’s say you want to place a bet on a sports event and the odds are +200 (3 in decimal odds).

Place a min £5 bet on the Sportsbook on odds of min 1/2 (1.5), get £20 in Free Bets.

45 odds meaning