![]() ![]() Vigorish free decimal odds of exactly 2.0 represent an even-money bet, as each winning wager will pay back double the stake.Īs an example, if an NBA moneyline has decimal odds of 2.5 on the Milwaukee Bucks and 1.6 on the New York Knicks, the Knicks are a moderate favorite, with a 62.5% implied probability of victory. If they’re less than 2.0, then the bet is favored. If the decimal odds are greater than 2.0, then the bet is an underdog to win, with implied odds of <50%. Likewise, decimal odds of 1.25 will return $1.25 on the dollar. ![]() For instance, decimal odds of 2.5 means that for each $1 wagered, a winning bet will return $2.50. The number represents the payout for each dollar wagered. Converting Decimal Odds to Implied ProbabilitiesĬompared to American odds, decimal odds are extremely easy to decipher.Īs the name implies, decimal betting odds are displayed as a whole number, followed by a decimal point, and then one or two digits (2.0, 1.91, 4.25).Converting American Odds to Decimal Odds.How to Display Decimal Odds at US Sportsbooks.Calculating Decimal Betting Odds Payouts.
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