| Soccer betting is set up like any other sport. Bookmakers will set the odds in their betting markets – showing the chance of that event happening. As an example we will use a soccer game and how the odds might look. In a game between Arsenal and Watford, the bookmaker sets the chance of Arsenal to win at 75%, Watford to win at 5% and the draw at 20%. The odds will be presented in three main ways – Decimal, Fractional and American. Decimal is used mainly in Europe and is easily worked out by dividing 100 by the chance. In the above example that would make the odds as follows: Arsenal to win – 1.33 Watford – 20.00 The Draw – 5.00 Working out your potential return is just as easy. You multiply your stake by the odds. So if you bet $10 on Arsenal to win you could get back $13.33 (including your stake). Fractional is used mainly in the UK. Here the odds are presented – as the name suggests – as a fraction. It denotes the probability of the event happening. So Watford would be 4/1. It shows that for every time you win with this bet you would lose four times. At 4/1 you would receive $4 for every $1 you stake – plus your original stake. Therefore the example of the $10 stake before would get you $40 plus the $10 stake. American odds may be more familiar to Canadian sports fans. With Moneyline bets such as the 1-x-2 market we are looking at, the odds are displayed with a plus or minus sign. The American odds for the draw here would be +400. That means that for every $100 staked you would win $400 – plus your original stake. If your bet has a negative sign then that denotes that you would need to bet that amount of money to receive $100.