Odds
Odds represent the probability of an outcome occurring in a betting market and determine how much a bettor can win relative to their stake.
Odds are expressed in different formats:
- Decimal (2.50): A €100 bet returns €250 (including stake).
- Fractional (3/2): A €2 bet wins €3 (total return: €5).
- American (+150 / -200): +150 means a €100 bet wins €150, while -200 means you must bet €200 to win €100.
Odds can change based on betting volume, team news, or market movements, and they indicate the bookmaker's implied probability of an event happening.