What do the odds mean?
The odds show you the possible profit on each bet. By betting 10 euros at odds of 2.2, you know that you will make a profit of 12 euros (10*2.2-10) on a winning bet. The odds given for a particular event also indicate the probability of it actually happening. The lower the odds, the greater the probability of the event happening (odds = 1/probability). Odds of 4 show that the event has a 1 in 4 ( = 25%) chance of happening, whereas odds of 1.2 correspond to a probability of 83% (1/1.2).
