What Is The Difference Between Fractional and Decimal Odds?
Odds are the numerical likelihood of something happening. They are presented in two forms across the betting market – Fractional and Decimal.
Generally, the decimal odd is widely used throughout Europe while fractional is preferred elsewhere – including the United Kingdom.
Here, Skrill explains both.
• Fractional betting is where the price quoted is presented like this: 5/2 (for example).
If a selection is 5/2, you would win £5 profit for every £2 staked – fractional odds do not include the stake that is returned if a bet is successful.
For example: Udinese to beat AC Milan at 5/2 - £2 stake +£5 profit = £7 return.
On the flip side, a 2/5 selection would return £2 for every £5 staked.
Barcelona to beat Dynamo Kiev at 2/5 - £5 stake + £2 profit = £7 return.
In contrast, a £2 bet would return 80 pence for every £2 placed. This is because of the following:
2 DIVIDED BY FIVE = 0.4 X 2 = 0.8
• Decimal odds are popular in mainland Europe, and include the stake return their price.
A 3/1 bet, for example, would be presented as 4.00 in the decimal version.
This is showcased here: £2 bet on Hull to beat Liverpool at 4.00 = £8 return (the stake return was included in the 4.00 odd)
This can make decimal odds look more lucrative, but you win the same amount regardless of the option you choose. So choose the layout that suits you best!
You can try both fractional and decimal odds by signing up for a FREE Bet365 account!