Betting Odds Meaning

what do betting odds mean

Decimal betting odds are becoming more and more common especially online, as people prefer to show the odds using this format but most people have grown up with the fractional odds system and are more comfortable to discuss the merits of potential wages by speaking in these terms. I’m yet to hear someone boast that they backed a winner at 4.33 recurring, they would prefer to say, “I backed them at 10/3!”

However if you are taking your gambling seriously then you need to be able to converse in both and there is no reason why you shouldn’t be able to as converting between the two formats is pretty simple once you know how .

Super Bowl and Stanley Cup Betting Odds. A betting line is another terminology for point spread, which is tied to the outcome of the event. ✅ Everything about soccer betting odds with guide to calculations, strategies and tips to get the most from betting sites in Nigeria. Our site is a responsive design, meaning that will work on any device, from PC. Then if you place another real money bet of at least 5GBP,at odds 2. Sports betting odds for all major sports including pro and college football, basketball, baseball, NASCAR and an explanation of how to read them.

Fractional odds show the risk and reward of a bet, 3/1 means for every pound you stake you get three in return if you bet is successful. Equally short odds such as 4/11 mean for every eleven pounds you get four back. With both of these examples you have to remember that a successful bet also gets your stake returned so on a 3/1 bet you are returned four pounds (3+1 = 4) With the odds of 4/11 you are returned fifteen pounds ( 11+4 = 15)

To glance at, decimal odds do not convey the probability of an event occurring as well as fractional especially when dealing with short odds. However, they do include your stake so there is less calculating required once you have got your head round how they work. Our 3/1 example would be simply shown as 4. You can then multiply your stake by that number to see your potential return. With 4/11 the decimal odds would be shown as 1.364 which is the return you would receive for a one pound stake.

There is a simple logic of showing odds in a decimal format as it shows the return for one unit of stake so you do not need to do the calculation of dividing 4 by 11 but it can be hard to get used to seeing short odds shown in this format. Our top tip is to get used to working with some fairly standard short fractional odds shown as decimal.

Evens – 2
8/11 – 1.727
8/15 – 1.533
2/7 – 1.286
1/10 – 1.1

If you can get used to seeing these type of decimal odds it will allow you to adapt quickly to judge if you are happy with the odds being offered. We really like using the decimal format on accumulators when we are constructing a bet with multiple events. However when discussing bets with each other we still prefer to speak using fractionals, saying 4/7 definitely rolls of the tongue better than 1.571!

Both systems will continue to run and as we have shown there are merits to both, have a play and see which one you prefer!

If you want to get easy money, you can try your luck and bet at one of the most popular Nigerian betting sites - bet9ja. But to win, you have to know how the system works. If you know bet9ja match codes and odds, your chances of victory will significantly increases. As long as the meaning of all codes is not presented on the website web.bet9ja.com, we will explain to you how you should use the codes and odds.

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Source: Facebook

Bet9ja codes and odds

Odds in betting indicate the price tag place for each team. It is written in number. If you are knowledgeable in this field, you will understand the amount they represent. It does not matter which amount you place on the bet, it will multiply it by the number represented in the odd. For example, Manchester United VS Arsenal gets this old 2.30 and 3.50 respectively.

If you place a bet and you choose the victory of Manchester United (the odd on Man United is indicated as 2.30 in our example), then, whatever the amount of money you have placed while betting, it will multiply it by 2.30. If you have placed 10$, in the result you will get 23$. The higher the odd is, the higher the bigger is the amount of money you will win.

You can also try out your luck by checking out:

1XBet

BetWay

BetWinner

22 Bet

Bet9ja

It is true what they say: you can’t win without trying. Why not to try it out today? Now that you know all there is to know about betting, it should be easier for you to play and even win. Why don’t you start by looking for a bet that works for you? It is easy to apply, play, and win. All you need is your smartphone or laptop, and you are good to go.

You need codes to represent the result of each match. But you also need to know the meaning of each code not to make a mistake while making your bet9ja prediction.

Bet9ja codes and meanings

If you look at the main Tab menu on web.bet9ja.com, you will see three main options: 1×2, DC and O/U2.5

1X2 means:

1 for the home team to win
X for the game to result in a draw
2 for the guest team to get the victory

DC: you can choose one of the three options below:

1x to choose the home team as the winner or draw the game
X2 to choose the guest team to win or draw the match
1 or 2 means that draw is excluded and either one or another team wins

O/U 2.5 (Total): to predict the number of goals in a match

2.5O if you want to bet for more than two goals in the match
2.5U if you want to bet for less than two goals in the match

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Source: Facebook

Half Time/Full Time Bet9ja bet:

HF 2/2 to predict that the guest team will win both: the half time and the full time of the match
HF 2/X you bet that the guest team will win half time of the match and draw at the full time
HF 2/1 you predict that guest team will win at first half and hosting team to win at the full time of the match
HF X/2 you forecast a draw at half time and away team wins at the full time
HF X/X you think that there will be a draw at half time and also a draw at full time
HF X/1 you predict a draw at half time and the hosting team victory at the full time
HF 1/2 you forecast a home team victory at half time and guest team victory at full time
HF 1/X you predict a home team to win at half time and draw at full time
HF 1/1 you predict that hosting team wins at both: half time and full time

Total Numbers of Goals betting: you need to forecast detailed goals score in the match

0 means no goals in the match
1 means one goal in the match
2 means two goals in the match and so on
6+ means more than six goals in the match

Home and Away bet9ja prediction codes

Yes-HWBH you think that the home team will get a victory in both halves of the game
No-HWBH you think that the home team will not win both halves of the game
Yes-AWBH you think that away team will win both halves of the game
No-AWBH you think that away team will not win both halves of the game

Half Time Prediction Tabs: you need to forecast the outcome of the first half or second half of the match with the codes of this section.

2HT if you think that away team will win one of the halves
XHT if you think that no team will win one of the halves
1HT if you think that a home team will win one of the halves

First Goal Bet9ja Prediction: you need to forecast who will score the first goal.

2-1st you predict that guest team will score the first goal
X-1st you predict that no team will score the first goal
1-1st you predict that the hosting team scores the first goal

Goals of home team prediction codes:

0 means that the home team does not score any goal
1 means that the home team scored just one goal
2 means that the home team scored two goals
3+ means that the home team score more than three goals

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Source: Facebook

You can also try out your luck by checking out:

1XBet

BetWay