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Decimal Odds Explained & Decimal Odds Converter - Betfair

5.5 9/2 means a £5.50 return on a £1 bet, 4.3 100/30 means £4.30 and so on. You will always sees the fractional conversion here on Betting.Betfair when you roll over the decimal odds but some ...

How to read the Betfair screen part one | Betting @ Betfair

The key part to remember is that decimal odds always include the unit stake - thus every price you see on Betfair will be >1. Fractional odds represent the profit - 5/1 means you will win five ...

How does Betfair work? | Betting Exchanges explained | Bet Types

Bookmakers set the odds for any outcome and state their prices as they wish. Whereas, with a betting exchange, the market (you, the bettor) set odds and wait for another bettor to match the odds. That’s why, generally, prices are better with betting exchanges like Betfair, who claim that the odds are up to 20% higher. 2.

What is Betfair Exchange | Beginner Guides » Betfair™ Blog

Backers and layers get bets 'matched' as long as they agree on a price (the odds) that an event will or won't happen. In February 2021, Betfair introduced a new product called 'MatchMe' that makes ...

How to Lay a Bet | Lay Betting Explained » Betfair™ Blog

Betfair will only let you risk as much as is in your account and at the best available odds. Use our lay bet calculator to see what your liability/potential winnings would be, simply add stake and ...

2022 Antepost The Derby Betting Odds » Betfair™

How to bet on The Derby. Betting on The Derby is simple: browse 9 selections, and then either match a bet, or set the odds and place a bet against others on 2022 Antepost. Understanding The Derby Betting Odds. We show The Derby betting odds on the Exchange in decimals. 2022 Antepost decimal odds are easy to understand, because they represent the payout you’ll get if you win – 6 means you’ll receive 60 for every £10 you bet, including your stake, if the bet wins.

Greyhound Racing Betting Explained - betfair.com

Greyhound Racing Betting Explained. Bet on Greyhound Racing, your way. Greyhound Racing on the Betfair Exchange lets you set the odds yourself on over 228 Greyhound Racing events. Bet on top markets like Harlow 16th Oct, Bendigo (AUS) 16th Oct or Wentworth Park (AUS) 16th Oct. Choose from over 17 Greyhound Racing venues, and place a Greyhound Racing bet, either for an outcome (to Back) or against it (to Lay).

Betfair Betting Glossary | Betting Guide | Betfair Explained

Futures Betting. Odds for the winner of a specific future event often posted far in advance of it occurring. Examples include the AFL Grand Final winner, the Super Bowl winner or the Melbourne Cup winner.

Betting Odds Explained (Beginner's Guide) | Matched Betting Blog

Implied probability is simply the conversion of betting odds into a percentage. It gives us a rough idea of how likely something is to happen. The actual probability of an outcome happening is usually a little less than the implied probability. This is because betting odds factor in the bookmaker’s margin.