Decimal odds are a simpler way of working out betting odds – and they don’t give you a hassle each time you would like to place a bet.
Do you know the difference between 4/7 and 8/13? No? Well, not many folks do. However, you would know.
How do odds work?
If the decimal odds are 2.2 and you also put a back wager of #10 and triumph, your entire return is #10 x 2.2 = #22. This is equal to a traditional cost of 6/5.
Decimal odds make it much easier to find out which cost is greatest – the larger the number, the greater the return. Have a look at the table below to see.
The key part to remember is that decimal odds always incorporate the unit stake – thus every price that you see on Betfair will probably be >1.
Fractional odds represent the gain – 5/1 means you will win five pounds for every 1 pound staked.
Decimal odds signify the return – 2.2 means you will receive #2.20 for each pound spent, including your stake.
If you are struggling with decimal chances, you can now use our mouse-over chances displays – standard odds over every cost. Every market on Betfair also has an odds-converter table.
Click ‘What are odds?’ In the Help section on the right hand side of the screen, as noticed below.

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