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I took a look at the odds link you provided and I have no clue what it means, you may need to have a detailed page explaining on how to read the odds and have a link from every odds page going to a How to Read the Odds or something like that.
Brian
Hi Brian,
Thanks for the advise. I will make one more detailed page with odds explanation there, although I mentioned there that they are in decimal format and listed as (1 x 2)….I mean, every European should understand it, if he bets at least once in lifetime, but just not sure for other countries….
@islandmaan 173460 wrote:
I took a look at the odds link you provided and I have no clue what it means, you may need to have a detailed page explaining on how to read the odds and have a link from every odds page going to a How to Read the Odds or something like that.
Brian
The translation between odds formats is not obvious for most punters.
Europeans use a decimal format. Eg. 2.00 2.50 3.00
This shows the total amount that the bet will return for each Euro staked and includes the original stake.UK punters still use fractions. EG. 1/4, Evens, 2/1
Fractional odds show the projected profit invovled in a bet for every unit staked.US Bettors use a system that I don’t know the name of. Eg. -110, +100 +500
The US system looks strange at first but with a bit of effort becomes second nature.The first improtant thing to note is that the initial sign (+ or -) is very important as it implies whether the bet is a favourite (-) or a long shot (+).
If the sign is a – then the number following indicates the amount of money needed to be bet to win $100. So -110 means bet $110 to make $100.
If the sign is a + then the number following indicates the potential profit made from each $100 bet. So +500 means $500 profit on a $100 bet.
Some comparison odds to make it simple (in all three systems) :
A big favourite ========== 1.25 or 1/4 or -400
A slight favourite ======== 1.91 or 10/11 or -110
A double you money bet === 2.00 or 1/1 (also called evens) or +100
An outsider ============ 3.00 or 2/1 or +200
A big outsider ========== 10.00 or 9/1 or +900I think that the examples show how the systems compare – but my experience on our forum is that novice to medium experienced punters usually only know their local system and are totally confused by the other two.
Quoting bets in all three systems is a good idea for a global audience, which is why you see bookmakers frequently have an odds “toggle’ on their sites.
:hattip:Great reply TheGooner, thanks for all the info.
The best option then is to put odds information in all 3 formats, if you have worldwide visitors.
Cheers,
AlexA few pointers:
The odds in the US are called “lines” and are those who take the +/- form. In the US people do search for odds, but in this case they often refer to the UK system, i.e. 3/1, 13/8. The rest of Europe usually refers to the odds as “coefficient” and they take the decimal form 2.10, 3.50 etc.
My recommendation is when you write about odds and expect US visitors, use the UK system (3/1). Also, every sportsbook has the option to convert the odds in your system of choice, you may want to mention that on your website.
And finally, the major US sports (football, basketball) do not have a draw (x) – one of the teams must win the game, so 1×2 system is pretty much non-existent.
Oh, and by the way, in U.S. the host team is the second. For example, the game played in Manchester in Europe would be “Manchester Utd vs Arsenal”, where in US the same game will take the form “Arsenal vs. Manchester Utd”…
@Stupid 173544 wrote:
Oh, and by the way, in U.S. the host team is the second. For example, the game played in Manchester in Europe would be “Manchester Utd vs Arsenal”, where in US the same game will take the form “Arsenal vs. Manchester Utd”…
For American games (or for European football for American viewers) it would be more common to write :
Arsenal @ Manchester Utd
In US you might also see the “location” by having a team appear in all caps
in this case Chicago and Miami are the home teams
CHICAGO by 3 Detroit
Pittsburgh by 5 1/2 MIAMAthe occasional special location, there would still be a “home” team:
RAIDERS 6 Denver in Tokyo
