How to read decimal odds and the estimated return
Odds on LivaSports use the decimal format. This guide explains what the number means and how the slip's estimated return is calculated.
UpdatedWhat a decimal price represents
A decimal price is the total return per unit staked, including the stake. At 2.50, each 1.00 would return 2.50 if it wins: 1.50 profit plus the 1.00 stake. A price of 1.20 returns 1.20 per unit.
Implied probability
Dividing 1 by the price gives the implied probability: 1 ÷ 2.50 = 0.40, or 40%. Adding the implied probabilities of every outcome in a market usually exceeds 100%; the difference is the bookmaker's margin. LivaSports shows odds as recorded and does not recalculate this value.
Combined odds on the slip
On My Slip, the combined price is the product of each selection's odds. Two selections at 1.80 and 2.00 give 3.60. When any selection depends on an approximate price, the combined price is marked as approximate too.
Estimated return
The estimated return is the amount entered as the stake multiplied by the combined price, rounded to two decimals. With 10.00 and combined odds of 3.60, the estimated return is 36.00. It is informational: it ignores each bookmaker's rules, limits, taxes and promotions, and it is not a placed bet.
Odds change
Recorded odds can change before kick-off. If a slip selection is repriced, LivaSports shows the previous and the current price. Betting involves a risk of loss; sports information is not a betting recommendation.
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