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Probability to odds (bets)

nikolas_asteri

New member
Joined
Feb 8, 2011
Messages
2
Hello, I would like to ask if anyone knows do bookmakers turn the "probability" of an outcome into decimal odds.
For example someone would say "ahem...I think the Bulls have a 60% chance of winning tonight so their odds will be...x"
Thank tou in advance
 

Denis

Senior Member
Joined
Feb 17, 2004
Messages
1,279
Ask a bookmaker...
 

nikolas_asteri

New member
Joined
Feb 8, 2011
Messages
2
thank for your really helpful answer
 
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