Types of FIFA Betting Odds
Now you know that FIFA odds will tell you the amount of return you will get and the chances of the outcome you are betting on actually happening. However, you can't extract this information from betting odds without learning how to read betting odds.
The method for reading betting is a bit different depending on the odd format used to represent the odds. There are three main types of formats used for FIFA betting odds.
Decimal Odds
The first and probably the most common type of betting odds used for FIFA betting are Decimal odds. The decimal format uses a number with a decimal, which represents the exact multiple of the betting amount you will get in return.
If you are betting $200 with odds of 3.3, multiply 200 by 3.3, and you will get the return, which in this case is $660. Since you are getting more than twice the betting amount in return, odds of 3.3 also tell you that the outcome is not that likely to occur.
Fractional Odds
The next most common type of FIFA betting odds is Fractional odds. In fractional odds, all odds are expressed in a fraction like 5/2 or 3/2, where the second number represents the amount you are betting, and the first number represents the amount you get in return.
With odds of 3/2, you get a return of $3 for betting $2, or if you bet $100, you will get $150 in return. Since this return is not over two times the betting amount, the chances of this outcome occurring are very high.
American Odds
There is a slight possibility of you coming across platforms that express betting odds in the American format. In this type of format, odds are expressed using a number either with a positive or a negative sign.
If you bet on an outcome with odds of -180, you will need to bet $180 to win $100 or $90 to win $50. On the other hand, if you bet on an outcome with odds of +180, you will get $180 for betting $100 or $90 for betting $50.
