Have you ever wondered why Americans and Australians say “soccer” instead of “football?” Unfortunately, it’s one of the many ways that inexperienced bettors lose their money when betting on football online. The wrong decision here could set you back £20 after a winning bet. If you are betting on Chelsea in the above example, would you rather bet with a football betting site that has odds of 1.95 or 1.75? Every football betting site has different odds and different returns, and some are far better than others.
Tottenham’s 3/1 odds would be represented as 4.00 in decimal odds, meaning a successful £100 bet would return £400.Īnd even if two bookmakers both use fractional odds, it doesn’t mean that their odds will be the same. The decimal odds represent the total amount returned, including the original stake. Decimal odds are popular in many other European countries and Australia, and the United States has its own set of odds too.įrom the example above, Chelsea’s odds of 19/20 would be represented as 1.95 with decimal odds. The fractional odds listed above are most common in the United Kingdom.
