Betting odds are presented in one of two formats: decimals or fractions.
As the term suggests, fractional odds are displayed in the traditional fraction format, for example, 4/1, which is stated as four-to-one. This means that if you win, you’ll receive four times your bet back, as well as your original wager. In this case, a $100 bet at Mr Green Casino would win you $400, plus your original $100 wager back, earning you a total of $500.
In Canada, decimal odds are the preferred format of choice. If the odds are displayed as 4.0, for example, this means you can win back four times your bet. In this case, for a $100 bet, you would expect a $400 return if you won. In fractional odds, this would be the equivalent of 3/1.