The first is that the bookmaker does not rate Aston Villa’s chances of winning and that a successful prediction on that event would reap a pretty generous return. We’ll mainly be looking at decimal odds here, as they are most common and popular, but we’ll also include some information about the fractional and American odds to ensure you’re not left out of the loop.įor an example, in a game between Manchester City and Aston Villa, the latter team has odds of winning of 31.00, which works out to a little over 3%. How these Numbers Relate to Probabilityīetting odds make the gambling world go around and mean everything in the world of sports betting, signifying both the probability of the prediction occurring according to a bookmaker and the amount of return you would receive for a successful bet.
