Win Bet This is the most straightforward type of bet. A 'win bet' means picking…
Odds Converter
In the past, bookmakers, especially those in the UK, typically displayed their odds in fractional form (5/4, 4/1 and so on), especially where horse racing was concerned. Nowadays they tend to provide the option of displaying decimal odds too (2.25, 5.00 – in relation to the bracketed fractional odds above). This method of displaying odds is popular in Australia, Canada and most of Europe. On services such as betfair, decimal is the default setting, rather than the fractional version (also known as ‘traditinal odds’). The below chart is a handy guide to help you convert between fractional and decimal odds:
See our post on types of bets, to better understand odds and the various betting options available to you.