Odds format

Different international conventions that have been developed to represent odds.

Where a coin-toss has 50% probability for heads there are three common ways to represent the odds of the event:

Europe (Decimal) – 2.0

UK (Fractions) – Evens (or 1/1, or even money)

US (American) – +100; a (+) indicates the amount that would be won for every 100 bet placed. (-) indicates how much must be bet to win 100

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