Most used in continental Europe and Canada, decimal odds are different from fractional odds, because they quote the quantity which will be paid out towards the bettor, multiplied by and together with his stake. Consequently, the decimal odds of an … Read More
Favoured by bookmakers within the UK, fractional odds quote the net total which will be paid out towards the bettor, ought to he win, relative to his stake. Odds of 4/1 (“four-to-one” or “four-to-one against“) would imply that the … Read More
Fixed-odds gambling is a form of gambling against odds offered by a bookmaker, an individual, or on a bet exchange. It is customary with fixed-odds gambling to know the expected odds at the time of the placement of the wager … Read More
Fixed Odds Betting Terminals (FOBTs) are computerised machines normally found in betting shops which allow players to bet on the outcome of various games and events with Fixed Odds. They were introduced to UK shops in 2002, shortly after the … Read More
