How Football Odds Work

Understanding what odds represent and how to read them.

By BettingScout · 7 August 2026

Odds express how much a bookmaker will pay out relative to your stake, and reflect an implied probability.

Implied probability

Divide 1 by the decimal odds to get the implied probability. Odds of 2.00 imply 50%.

18+. This guide is for information only and is not betting advice. Please gamble responsibly — BeGambleAware.org.