Glossary
Decimal odds
Decimal odds are the European format: the number includes your stake back. 2.00 is even money.
A decimal price tells you what one unit returns if the bet wins, stake included. Back 1.80 and one unit comes back as 1.80: the original unit plus 0.80 of profit. That is why 2.00 is even money — you double up.
The same number carries a probability. Implied chance is 1 ÷ decimal price: 1.80 implies 55.6%, 2.00 implies 50%, 4.00 implies 25%. ClutchIQ grades every line against that implied number, which is covered in what is edge in esports betting.
Decimal versus American
| Decimal | American | Implied |
|---|---|---|
| 1.50 | -200 | 66.7% |
| 1.80 | -125 | 55.6% |
| 2.00 | +100 | 50.0% |
| 3.00 | +200 | 33.3% |
Negative American prices are quoted against a 100-unit stake — -125 means you risk 125 to win 100. Positive prices say what 100 wins — +200 means 100 wins 200. Both describe the same relationship, which is why ClutchIQ stores decimal and converts for display.
Questions
- Does a higher decimal price mean better value?
- It means a bigger payout. Whether it is better value depends on the chance the outcome actually has. A long price on an unlikely outcome is not value, and a short price on a likely one is not automatically bad.
- Why do stored prices show as decimal when my book uses American?
- Odds format is a display preference set on first sign-in and changeable in account settings. The stored number is decimal; ClutchIQ converts the display. Your pasted price is accepted in either format.
Related terms
- Sharp bookmaker
Sharp books move first. ClutchIQ prefers a sharp price for the implied figure because it carries less margin than a soft price.
- K/D and K/D/A
A ratio, not a threshold. Useful for form, poor as a betting line, and never a substitute for a count.