explain football betting odds

Football betting odds are numerical representations that indicate the probability of a particular outcome occurring in a football match and determine how much money you can win from a bet. In India, these odds are commonly displayed in three main formats: decimal, fractional, and moneyline.

Decimal odds are the most popular format used by Indian betting platforms. They represent the total payout you\“ll receive for every rupee wagered, including your original stake. For example, odds of 2.50 mean you\“ll get ₹2.50 back for every ₹1 bet, resulting in a profit of ₹1.50.

Fractional odds show the potential profit relative to your stake. Odds of 3/1 mean you\“ll win ₹3 for every ₹1 staked, plus your original ₹1 back. This format is commonly used in traditional betting shops across India.

Moneyline odds, also known as American odds, are less common in India but still appear on some international platforms. They use positive and negative numbers to indicate underdogs and favorites.

Understanding how to read these odds is crucial for Indian bettors to make informed decisions and calculate potential returns accurately before placing their wagers.