you know what you are buying.

Author: zisetinglan
23.5.2015

If you want to place a bet on a sports game between teams A and B nike air force 1 basse femme pas cher , the first thing you want to know is how much you would win if you correctly predicted the outcome. In fact, the first thing that the bookmaker will show you is the odds since they are just that numbers that tell you how much you will gain if you win the bet. However, although they all translate to the same amount, you ll not find a consistent number at different sportspooks since each one adopts a certain method of specifying the odds. This article describes the different types of betting odds specifications and how to calculate the gains to be expected in each case. There are three different types of odds specifications, they are: Decimal Odds also know as European Odds, Fractional odds also know as UK odds, and American odds. Perhaps because of their correct representation of the situation, the Decimal forms are viewed as the standard specification method. The purpose of odds specification, in whatever form they are given, is to relate the the amount of money a bettor wagers to the amount heshe wins. For this purpose nike air force 1 high femme pas cher , one has to be familiar with three terminologies: stakes, winnings, and pay outs. Stakes are the amount of money wagered, winnings are the amount won in a bet, and pay outs are the total amount paid when a bet is won. Obviously, pay outs are winnings plus stakes. Although these terminologies may seem trivial, they are heart and soul of odds calculations. Also, it is important to know three more teminologies regarding the strength of the teams to be betted on; they are Evens, Odds on, and Odds against. Evens are when the two contestants are equally strong and thus there is no favorite or underdog; you bet $1 to win $1 nike air force 1 haute blanc , if no commissions are involved. Odds on is the odds of the favorite and in this case winnings are less than the stakes. Odds against is that of the underdog, where winnings will usually be more than stakes. For example, in the most common case of sports betting on a match between two competetive contestants (evens odds), the odds assigned to both will be 1.90 in Decimal odds, 910 in fraction, and 111 in American odds, all of which mean the same thing: bet one dollar to win 90 cents . In fact, if there were no commission involved, or if the bets were just between friends, these odds would have been 2.0 nike air force 1 noir femme pas cher , 11, and, 100, respectively, for the three types of odds; they mean bet one dollar to win one dollar . Decimal odds (European): These are simply factors that indicate how many times the stake will the pay out be. For example, odds of 2.50 mean that the pay out will be two and a half times the stake, or, for each dollar wagered, the pay out will be $2.50. Pay out = Stake * Decimal Odds Winning = Stake * (Decimal Odds 1) Fractional odds (UK): The fractions here represent that a stake equal to the denominator will result in a winning equal to the numerator. For example, odds of 1011 mean that 10 units will be won with a stake of 11 units nike air force 1 pas cher , or, for every $11 wagered, the winning will be $10. Winning = Stake * Fraction Odds Pay out = Stake * (Fraction Odds + 1) American odds (US): American odds are denoted by numbers always greater than or equal to 100 preceded by a + or sign. These signs are not mathematical signs; they are simply symbols that point out whether your winnings are more than or less than your stakes. The positive sign is used to indicate an underdog where winnings are greater than stakes, or that it is an odds against betting; and the negative sign is for favorites or odds on betting. These two odds have completely different definitions and thus use calculations that are unrelated. Negative odds represent how much to wager in order to win $100. For example, odds of 110 mean that in order to win $100, the wager must be $110. Winning = Stake * 100negative American Odds Pay out = Stake * (100negative American Odds + 1) Positive odds represent how much the winnings will be when $100 are wagered. For example, odds of +110 mean that $110 will be won, when $100 are wagered. Winning = Stake * positive American Odds100 Pay out = Stake * (positive American Odds100 + 1) Some outstanding features of these odds. Decimal odds are always greater than 1.0 since 1 represents the stake. American odds are always greater than or equal to 100 (recall that + and are just symbols, not mathematical signs). Fractional and American odds are indicative of winnings, while decimal odds indicate pay outs. Even odds nike air force pas cher , with respect to a fair bet, are when you win exactly the same amount as your stake. So, evens are represented by 2.0 in decimal, by 11 in fractional odds, and by 100 in US odds( 100 and +100 are the same). In cases of odds on, that is, when winnings are less than stakes, which is normally the case of a favorite team, the decimal odds fall between 1.0 and 2.0. In fraction odds they are identified by the fact that the numerator (winning) is less than the denominator (the stake), and in US odds they are the negative odds. In cases of odds against nike roshe run palm trees pas cher , that is, when winnings are greater than stakes, which is normally the case of an underdog team, the decimal odds will be greater than 2.0, the numerator will be greater than the denominator in fraction odds, and they are the positive odds in US odds. Author’s Resource Box You can find odds conversion tables and betting calculators at Betstarter. This web site is an ideal place for beginner gambles, and a reference for veterans with its several tools and calculators for sports-betting, casino games and lotterieArticle Source: There are many different choices of baseballs and bats on the market. Before making a costly investnt in this baseball equipnt, you ould be sure that you know what you are buying. Use the guidelines below to help yourself make an rd buying decision.




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