Odds are an integral part of sports betting, and it is important to understand them before you start placing bets. With this in mind, here’s how Bk8thai odds work:
1) Decimal odds: represents the amount that the bettor will win for each unit bet. For example, if the decimal odds are 2.00, a 10-unit bettor will receive 20 units (10 x 2 = 20).
2) Fractional Odds: These best express the amount of profit that will be made from your total installments in any given event. Using the example above, fractional odds would be expressed as “2/1”, meaning that for every unit wagered, the bettor makes 2 units of profit.
3) Money line Odds – These types of bets are based on a fixed or predetermined payout rather than a risk versus reward calculation. Generally, these types of bets are made when two teams favor each other by a certain number of points or goals. If team A is set at +200, they are considered the underdog, and if team B is set at -150, they are considered the favorite.
By understanding these three different types of odds that BK8 offers, you will be able to determine your risks and rewards when betting more easily on the events you are interested in.
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