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iGT 25 Index

Decimal Odds

Definition

A way of expressing betting odds as a single number (e.g. 2.50) representing the total return per unit staked, stake included. A €10 bet at 2.50 returns €25 (€15 profit). The default format across Europe, Australia and Canada.

Why it matters

Decimal odds are the standard on most modern sportsbooks and the easiest format to convert into implied probability.

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