fractional

Odds don’t just appear out of thin air – they originate from probabilities, which represent the perceived likelihood of a specific outcome. In this article, we’ll demystify the process of…

Odds play a crucial role, not only reflecting the probability of an event occurring but also indicating the potential return on a bet. They are presented in several formats, with decimal and fractional being the most common, especially in the UK and Europe. This article delves into the concept of decimal odds, how they differ from fractional odds, and the process of converting between the two.