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Decimal odds

Decimal odds are the total return for each unit staked, the stake included. 2.50 pays 2.50 for every 1, so a stake of 10 returns 25, a profit of 15.

Example

2.50 implies a 40% chance (1 ÷ 2.50). Evens is 2.00, and anything under 2.00 is odds-on.

Go further

Decimal odds explained: what 2.50 really paysThe full explainer, on the blogOdds converterDecimal, fractional, American and the Asian formats, with the chance each price implies.

Related terms

Fractional oddsFractional odds show the profit over the stake. 5/2 pays 5 for every 2 staked, plus the stake back, and evens (1/1) doubles the stake.American oddsAmerican odds show the profit on a stake of 100 when positive (+150) and the stake needed to win 100 when negative (−200). Evens is written +100.Implied probabilityImplied probability is the chance a price represents: 1 divided by the decimal odds. It includes the margin, so a market’s prices add up to more than 100%.