What are betting odds?
Betting odds represent the probability of an outcome occurring and determine how much you can win from a bet. Understanding odds is fundamental to making informed football predictions.
Decimal odds (European)
Decimal odds show your total return per £1 wagered. For example, odds of 2.50 mean you receive £2.50 back for every £1 bet (including your stake). To calculate: Stake × Odds = Total Return.
Fractional odds (UK)
Fractional odds show your profit relative to your stake. Odds of 5/1 mean you win £5 for every £1 bet. To convert to decimal: divide and add 1 (5/1 = 6.00).
American odds (US)
Positive odds (+200) show profit on a $100 stake. Negative odds (-150) show how much you need to bet to win $100.
How our model calculates fair odds
XWhiz uses the Dixon-Coles statistical model to calculate true probabilities for every outcome. Fair odds are then derived as 1/probability, adjusted for bookmaker margin. This gives you a benchmark to compare against bookmaker prices and find value bets.