The Danish system, also known as the “Danish score” or “Danish odds,” is a way of expressing the probability and potential payout of a sports bet. It is commonly used in Denmark and other parts of Europe, and is an alternative to the more familiar fractional or decimal odds systems.
In the Danish system, the odds are expressed as a ratio of the potential payout to the stake. For example, if the odds are “2 to 1,” this means that for every 1 unit of the stake, the potential payout is 2 units. The potential payout includes the original stake, so if you bet 1 unit and the odds are 2 to 1, you would receive a total of 3 units if your bet wins (2 units of profit plus the original 1 unit stake).
CALCULATING THE POTENTIAL PAYOUT
To calculate the potential payout using Danish odds, you can use the following formula:
Potential payout = (odds + 1) * stake
For example, if you bet 1 unit at odds of 2 to 1, the potential payout would be calculated as follows:
Potential payout = (2 + 1) * 1 = 3 units
If you want to calculate the probability of a bet using Danish odds, you can use the following formula:
Probability = 1 / (odds + 1)
For example, if the odds are 2 to 1, the probability would be calculated as follows:
Probability = 1 / (2 + 1) = 1/3 = 0.33 or 33%
Take note that the Danish system is just one way of expressing the probability and potential payout of a sports bet, and different sportsbooks may use different odds systems. It is always a good idea to familiarize yourself with the odds system being used before placing a bet.
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