The decimal number represents the exact payout, and that includes the initial wager as well as the profits from a winning bets. The decimal employed represents the amount the successful bettor wins for each dollar wagered.
If you wager $20 at odds of 5/1, you will earn a profit of $100 and get your $20 bet back, for a full return of $120.ĭecimal odds are popular in Great Britain, Australia and some other countries. The 5/1 demonstrates the profit you will receive compared to every dollar you wager. American and British/European Odds FormatsĪmerican odds of 5/1 odds would mean that you win $5 for every $1 you wager and you get your original bet back. They are used more frequently used in British futbol than in American sports, and Americans who have taken a liking to European soccer will see these odds more frequently.
