you must have come across a betting odds such as 10/1, 10/4, 19/10 and keep on wondering how your returns or profit is being calculated.most of the foreign
online betting website such as bet365, ladbroker etc have option to choose
europian betting odds type also known as
fractional odds.depending on your choice, you can as well choose other odds type like
decimal odds,
USA odds etc.which ever you choose, the result may end up being same.but when you visit a betting website and you see the betting odds type as europe odds such as 10/1, 19/10, 10/5, or any value in that format, then you should be able to know how your returns or profit is being calculated after reading this post.i will explained in details
how to calculate your returns or profit using the europe betting odds type (fractional odds )
how to calculate europe betting odds ( fractional odds )
when you come across such type of odds on any online bookmarker site, then you don't need to panic, the calculation is very easy.
if you see an odds like 10/1, 10/2, 10/3 etc.all you need to do is to devide it.that is 10 divided by 1 = 10 .now multiply the 10 with your stake, lets say 100 buck.it will then be 10X100 = 1000.
the 1000 is your pure profit, now when you add the 1000 with your stake of 100 bucks, you will get 1000+100 = 1100.the same applied to other value being given.if we use 10/2, then the fraction become 10 divided by 2 = 5.now the 5 multiply by your stake of 100 bucks = 500.the 500 is your pure profit.so when you add the 500 + your stake of 100 bucks = 600.
that is how it is being calculated.no need to panic when you see such type of odds
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