NicerOdds

You can find many different betting odds formats. Before you go ahead with odds comparisons, it is better to have a basic understanding of what they are all about. Along with that, you will be able to get the most out of odds comparisons and make informed decisions.

Decimal odds

Decimal odds are referring to the potential return associated with a bet. This includes the stake. This is the easiest format to proceed with odds comparisons between the exchanges and bookmakers. All you have to do is multiple the odds by the amount that you are planning to bet.

Fractional odds

Fractional odds are quite popular among people in the UK. If you are planning to go ahead with betting on horse racing, this is something that you can consider. The fractional odds refer to the amount of profit that you can receive after you win a bet, with respect to the stake.

US odds

US odds are also called American odds. These odds are represented by a positive number or a negative number. A negative number would refer to the stake that you should bet to end up with receiving a profit of £100. However, a positive number refers to the chances you have to make profits after you bet £100.