Different formats don’t mean different odds it’s simply a different way of presenting them. Betting odds may be displayed in three different formats at land-based sportsbooks, online betting sites, and mobile sports betting platforms: American odds, fractional odds and decimal odds. Betting odds simply indicate the likelihood of an event and the return you’d get if you did make a wager on the result.
The first step to understanding betting odds is appreciating what they do. Odds Explained What are the Different Types of Betting Odds?
