Casino Guide: How to Calculate Odds

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If you can learn how to calculate odds you can make informed decisions about your betting strategyincrease the durability of your bankroll, and remain at the table long enough to hopefully! Betting odds are usually presented in one of three ways, as either a fraction, a percentage, or a decimal — though the latter is normally reserved for sports betting returns. In addition, they give you a clear indication of your betting returns. On top of this, fractional odds help you calculate your betting returns. Calculate Probability Converting fractional odds to percentages can be a great way of understanding your chances of winning. While this may seem complicated and unnecessary, the actual process is simple and is an effective way of contexualising your probability.

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Betting Odds Explained

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