also tell how much you can win. Oftentimes, they are expressed in decimal and fractional form. These two formats make it easy to compare the odds.
Decimal odds are standard for most European countries. The lower the number, the more likely it is that the outcome will happen. For example, a 29/30 bet would mean that a bet of $1 on candidate A will net you $3.50, while a 20/30 bet will give you $2.45.
Fractional odds are more common in horse racing. If you bet on a number on the right side of the fractional line, you will get a profit of $100 if the outcome is a 'plus', and $1 if it is a'minus'. This is a more appealing option than betting on the total.
Moneyline odds, sometimes referred to as American odds, are a different type of betting. You will be able to get your money back if you bet on the minus side. However, you will pay an up-charge, or "vig," to your sportsbook. Vig is calculated by subtracting the implied probabilities of each team.
Point spreads are another kind of bet, but they are usually a safer bet than other types. Spreads are usually set for football games. Be aware, however, that the odds may be different from the sportsbooks in your area.
Odds from the Singapore best online sports betting site vary depending on the sport, the betting team, and the location. Some online sportsbooks display the odds differently from their counterparts in other states. Moreover, the numbers can change rapidly.