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Gambling 101: What are Standard Odds Formats?

Cashing winning sports betting tickets requires a quality research plan, proper bankroll management, plus a solid understanding of the odds. There are three main odds formats. Which style bettors use is a personal choice.

As the name suggests, American odds are the primary format for sports in the United States. Fractional odds are the standard betting option in the United Kingdom while Decimal odds is the most common format offered in Canada and Europe.

What Are American Betting Odds?

Bookmakers light up betting boards with American odds at land-based sportsbooks in the United States.