In sports betting and gambling like Aviator 1xBet, odds are important. They are what indicate how much you can win. So before you start the gambling process, you need to understand what odds are and what their main features are. By understanding their calculation, you will be able to understand the game better.
What Are Odds And What Is Their Essence?
Understanding odds is an important skill that not everyone has. It will help you both in sports betting, casino games and 1 xBet Aviator. It is unwise to place bets without realising the variety of types of odds and without having the skills to interpret and understand the different betting formats. When you understand the basics, you will be able to have a good time and calculate your winnings correctly. In addition, users will be able to increase the number of wins.
Main Types Of Odds
To date, three main types of odds can be distinguished, namely:
- Fractional odds;
- Money Line Odds;
- Decimal odds.
They differ only in appearance. That is, you will not have a difference in payouts, just the indicator itself will appear in a different format.
Decimal Odds (European)
These are some of the most popular indicators not only in Europe, but also in Australia, Canada as well as New Zealand. For many, they are one of the easiest types to understand. With their help, you can see the amount you can win for every dollar bet. For example, you bet on a football match where the first team is 1.35 and the second team is 3.00. Suppose you place a bet of $100, so if the first team wins, you will get $135 ($100*1.35). In case the second team wins, you will get $300 ($100*3). You can also see such odds in Aviator game 1xBet.
Fractional Odds (British)
This type can often be found in British and Irish operators. Their peculiarity is that they are written with a hyphen or a slash. For example, 3-1 or 3/1. Thus, the odds are as three to one.
Fractional odds show that you can get $8 for every dollar bet if you win. So, by betting $1, you get it back to yourself when you bet successfully. This ratio reflects the return you get on top of the amount invested. For example, with a 7/1 ratio, you will earn $7 for every dollar bet. The total winnings will be $8. Therefore, betting $100, your total winnings will be $800, of which $700 is your profit and the remaining $100 is your original bet.
If you want to play Aviator 1xBet , but with UK odds, you will need to set them in the settings section.
These odds are often referred to as American odds. They are particularly popular in the USA. They are usually written with a minus sign, which indicates the amount you must bet to get a certain winnings.
To understand American betting odds, it is useful to consider a specific example. Let’s imagine that the following odds are set in a football match:
- Manchester: +450;
- Liverpool: -500.
The operator has assigned Manchester a +450 odds, which means that they are considered outsiders with a lower probability of winning, estimated at around 18%. If you bet $100 on Manchester and they win, your winnings will be $450.
In the case of a bet on Liverpool, who are the favourites, you need to bet $500 to win $100. If your bet is correct, your total winnings will be $600. Such a gap in the odds indicates a high probability of Liverpool winning and them advancing in the tournament.
What Are The Most Popular Odds?
In addition to the above types, there are other types, but they are less popular and are used in a specific geographical field. By far the most common are considered decimal odds. They are usually set by default when you use the operator’s platform. Including in many Aviator 1xBet reviews you will be able to see explanations with decimal odds. This is all because they are the most simple and easy to understand for many.
Now that you know what odds are and what their features are, you will be able to make the gaming process even more exciting and profitable. In addition, you can choose the type of odds in the settings section of your operator.