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Types of coefficients and methods of their calculation

There are three main types of odds:

• Decimal (European)
• Fractional (English)
• American 

Let's take a closer look at each of them. If you want to be “in the know”, study these basic odds definitions with examples, and you can easily calculate the odds yourself and place your bet correctly.

A bet is the amount of money a player places on a particular sporting event. Line- a list of bets with odds on specific sports offered by bookmakers. Outcome - the result of a sporting event (match) that took place.

Types of bets

All bets are divided into 3 main categories:

• Single (single and double chance) - the simplest type of bet. Consists of one sporting event;
• Multiple (express and systems) - more complex complex bets. Are concluded for several sporting events; 
• Additional (author's) - placed on certain, specified details of the event.