In sports betting, decimal odds are displayed as a single number, which represents the total amount that will be returned for every unit wagered. This includes both the original stake and the profit. For example, a decimal odd of 2.50 means that for every $1 bet, the bettor will receive $2.50 if the bet wins. The higher the decimal odd, the less likely the event is to occur, and thus, the higher the potential return.
Decimal Odds Example
For instance, if a bettor places $10 on a team with decimal odds of 3.00, they will receive $30 if the team wins—$10 as the original stake and $20 as profit.