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The formats of the odds

The odds of the bookmakers can be presented in different formats (styles) depending on the region where the bets are taken. The main formats are as follows:

The odds are presented in decimal numbers - whole numbers or decimals, rounded to two places after the decimal point.

For example: 1.25; 3.40; 7.00

The odds show the amount you would receive for a unit stake in the event of winning.

The odds are displayed as fractions simple.

For example: ¼; 12/5; 6/1

The bookies show the proportion of the risky sum by the betting house (the numerator) for the bettor (the denominator). The transition of Decimal fractions is done by dividing the numerator by the denominator and adding 1 to the result. For example, ¼ becomes 0.25, and after the addition of 1 becomes 1.25 which is the decimal number that corresponds to the fraction ¼.

The odds are displayed as at least a 3-figure numbers with a "–" or "+".

For example: -110; -200; +250; +500

When there is, a minus sign in front of the number indicates the number of units of the practice of audit risk to win 100 units. "-110" also means "I bet 110 to win 100". Is equal to the decimal odds of 1.909 (1.91 after the turn off). To convert to the Decimal Format, you have to take -100, divide it by the odds and add 1. When the odds are positive numbers means that the units that the player could win a bet of 100 units. +250 means "I will take 250 for a bet of 100 units". Is equal to the decimal odds of 3.50. To convert to the Decimal Format you have to divide the odds by 100 and add 1 to the result.

Each of the formats that we have discussed is to serve to specific circles of customers. In these days, due to the globalization of the world, the bookmakers have customers from all over the world. This brings the need of keeping all the possible formats of the odds, so the player has the opportunity to choose the format for your specific case. This choice is made when the player makes their registration, or later, when you change a specific option that is usually placed in a visible place on the website of the betting house.

 

There are 3 more formats of odds that are typical of the Asian bookmakers and are used by their customers.

This format is identical to that of the fractional Format with the difference that the simple fractions are presented as decimal fractions.

For example: ½ from the UK Format is 0.5 in the Hong Kong Format; 2/5 is 0.40 etc.

This format is identical to the American Format, with the difference that all the values are divided by 100. The logic behind this is that for a negative number shows the sum that the player has to bet to win $1, and for a positive number shows the gain for a bet of $1.
This format can be presented in the UK Format:

For values of the UK Format is less than or equal to 1/1 (even), with the Malaysian Format which is presented as decimal fractions, i.e. this range is identical to the Hong Kong Format. For values of the UK Format greater than 1, the Malaysian Format is presented as a negative of the decimal fraction of reciprocity for the UK of the value. For example, 6/5 from the UK Format is 5/6, which is equal to 0.83, so that it would be presented as -0.83 with the Format of Malaysia.

 

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