When they put betting odds as decimals instead of fractions. I'm no punter but I just can't work out what 1.25 means and how it relates to 1.2. "4 to 1 on" drifting to "5 to 1 on" seems a lot easier to me.
Yes, old timer is me too, but the old way makes sense. E.g. 85/40 would be the same as 17/8 so the chances are that you will get the result you want 8 times but not the other 17, or just slightly out from 2/1, i.e. 1 in 3.Like 85/40 or 12/5 :)
Agreed though, much prefer the 'traditional', I can understand the value much easier. Just an old timer I guess.
Think of it as a multiplier of your original stake that you get back.When they put betting odds as decimals instead of fractions. I'm no punter but I just can't work out what 1.25 means and how it relates to 1.2. "4 to 1 on" drifting to "5 to 1 on" seems a lot easier to me.
Aye, I suppose if you bet regularly it makes sense. I can't remember the last time I had a bet, must be over 25 years! Somehow I can work out the win probability (cheers Wally) and the direction/magnitude of movement better using fractions, I have to convert these decimals.Think of it as a multiplier of your original stake that you get back.
i.e. if a 1.25 wins, you'll get your stake x 1.25 back. 2.0 is evens as it's your winning plus your stake, hence 2x your stake.
I get it mate. I don't bet often at all, and i prefer fractions for a general sense of the odds, but if i want to figure out my winnings i find it marginally quicker with decimals, i.e.Aye, I suppose if you bet regularly it makes sense. I can't remember the last time I had a bet, must be over 25 years! Somehow I can work out the win probability (cheers Wally) and the direction/magnitude of movement better using fractions, I have to convert these decimals.