1/1 means what in football betting

deltin33 11 hour(s) ago views 415
In football betting, 1/1 is a fractional odds format that indicates the potential profit relative to the stake. When you see odds of 1/1, it means that for every unit you bet, you will win one unit in profit plus your original stake back if your bet is successful.

For example, if you place a ₹100 bet at 1/1 odds and win, you will receive ₹100 in profit plus your original ₹100 stake back, totaling ₹200. This is equivalent to even money or 2.00 in decimal odds format, which represents a 50% probability of the event occurring according to the bookmaker\“s assessment.

In the context of Indian betting markets, 1/1 odds are commonly found in popular domestic cricket tournaments like the Indian Premier League (IPL) and international football matches that attract local punters. Many Indian betting platforms display odds in fractional format to cater to traditional preferences.

Understanding these odds is crucial for Indian bettors who frequently wager on local sports events through both online platforms and traditional betting shops. The 1/1 format provides a clear calculation of potential returns, making it easier for beginners to comprehend their possible winnings from bets placed on favorite Indian sports.
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