What do odds of 2.0 mean?

What is even odds in decimal? The equivalent of even odds (1/1) in decimal is 2.00. This simply means you are betting one unit to win one unit (1 + 1 = 2). For instance, a $100 bet at odds of 2.00 would return $200 ($100 in winnings + your $100 stake).

sbo.net - Decimal Odds Explained - Sports Betting Online

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Understanding Decimal Odds

Decimal odds are the most common way online bookmakers present their odds to customers. They take two seconds to calculate. You simply multiply your stake by the decimal odds to get your potential payout.

A simple formula for decimal odds is stake x odds = payout.

Let’s look at an example.

You bet on Manchester United to win against Newcastle United at decimal odds of 1.82. If you bet $100 and the Red Devils are victorious, you win $182. Remember that the return includes your original stake of $100, so your net profit on a winning bet would be $82. The math looks like this: Stake ($100) x decimal odds (1.82) = $182 in winnings.

Let’s look at another example.

You back Tottenham Hotspur, a big underdog against Manchester City, for $100 at decimal odds of 2.75. The math for your bet looks like this: Stake ($100) x decimal odds (2.75) = $275 in winnings. You risk $100 to win $275, leaving you with a potential net profit of $175. Just remember that when using decimal odds, your original stake is calculated into your potential winnings. When determining your potential net profit, always remember to account for your original stake. The break-even odds for decimal are 2.0, as these odds will simply double your stake. Decimal odds below 2.0 are less than even money odds, meaning the potential return will be less than your stake. Odds above 2.0 are positive odds, meaning your potential return will be more than your stake. Decimal odds are also the most economical way to bet parlays, because the true odds will be calculated. Unlike traditional parlays which are calculated by the number of teams, parlays bets placed with decimal odds with give sports bettors the fairest and most accurate odds, maximizing their edge, so keep this in mind when using the best betting sites.

Conclusion

Decimal odds are the most widely used odds across continental Europe and continue to spread to other parts of the world. It is imperative for the modern day sports bettor to understand decimal odds, as they are used at many online betting sites and betting exchanges.

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What does +1.0 spread mean in soccer?

+1 on a betting line basically means that the game is started with the team getting the goal +1 up by one, and the other team has to score more than that to win the bet.

americangambler.com - What does +1 and (-115) mean in soccer betting? How to understand?

If you are not going to bet the money lines on any specific soccer match, there are alternate ways to bet the games that will allow you to win money. Sometimes, betting an underdog to win any match at +300 is not appealing. But there is a way to bet the underdog that can win you bets, even if the team ends up losing, as expected.

There are two types of handicap betting in soccer:

the handicap match result

the Asian Handicap match result

+1 on a betting line basically means that the game is started with the team getting the goal +1 up by one, and the other team has to score more than that to win the bet.

Examples:

For example, in a recent English Premier League match in March, Fulham hosted Manchester City, and the odds were very high that Manchester City would win the game. City came in at -650 on the money line, while Fulham was +1600 and the draw was +650. But on the goal line, Fulham +1 came in at +450. If you thought that Fulham would draw the match or even win outright, you could bet them +1, and a $100 bet would return $550 if either of those results came out after 90 minutes. The Asian Handicap for the match was +2, +2.5. That meant that if Fulham lost by more than three goals, you lost you bet. If Fulham lost by exactly two goal, half you stake was returned (+2) but you won the other half (+2.5). Any other result meant that you won the bet.