Odds

Odds is a loss index of gambling companies or bookmakers, and it is the bettor's winning rate. Odds=1/Probability (Odds=1/Probability). Our platform uses the more commonly used European odds. Example:

For example:

The three markets of the AAA team and the BBB team are respectively the AAA team winning, the two sides are tied and the BBB team wins. Among them, the probability of winning the AAA team is 53%, the odds of coming back (to win) are 1.88, and the odds of lying (to not win) are 1.89. Bettor A back (to win) $100. If bettor A wins, the return will be 1.88x100=$188, bettor A's profit is $88, liquidity provider/banker loses $88; if bettor A doesn't win, then bettor A loses $100, liquidity provider / The bookmaker's profit is $100.