Fixed Odds Betting

Fixed odds betting is a type of wagering where the payout is agreed upon at the time the bet is placed. This means that if you bet on an event, like a sports game, and your selection wins, you will receive a predetermined amount of money based on the odds offered at that time, regardless of the outcome. For example, if you bet $10 at odds of 2/1, you'd win $20 if your bet is successful. This system provides clarity, allowing bettors to know exactly how much they stand to win before the event occurs.