If you’re new to online betting, the first thing that might confuse you is — what do these numbers mean? 🤯
Don’t worry! In this blog, we’ll explain betting odds on LotusBook in a simple desi way — so that you understand what you’re risking and what you’re winning.
Whether you’re betting on IPL, football, or casino games, understanding odds is key to smart betting.
🤔 What Are Betting Odds?
In simple words, betting odds tell you:
- How much profit you’ll make if your bet wins
- The chance (probability) of that outcome happening
Odds are usually shown as decimal numbers like 1.50, 2.00, 3.25 etc.
📐 Example to Understand Odds
Let’s say:
- You place ₹1,000 on India to win at odds of 2.00
- If India wins:
✅ You get ₹1,000 (your money) + ₹1,000 (profit) = ₹2,000 total - If odds were 1.50, you’d get:
₹1,000 (your stake) + ₹500 (profit) = ₹1,500
🎯 Higher odds = higher risk, but more profit
🧮 How to Calculate Winnings (Using Decimal Odds)
Formula:Winnings = Stake × Odds
Example 1:
Bet: ₹500
Odds: 2.50
Result: ₹500 × 2.50 = ₹1,250
Example 2:
Bet: ₹1,000
Odds: 1.75
Result: ₹1,000 × 1.75 = ₹1,750
📱 Where to See Odds on LotusBook
Once you Login to LotusBook and open any match (Cricket, Football, etc.):
- You’ll see odds next to every possible outcome
- Click to add them to your bet slip
- Choose single bet or combo bet (multi-bet)
👉 Read: How to Use Multi-Bets on LotusBook
⚠️ Tips to Understand & Use Odds Smartly
1. Low Odds = Safer Bet, Low Profit
Example: Odds 1.25 → Higher chance of happening, but low payout
2. High Odds = Risky Bet, Big Profit
Example: Odds 4.50 → Less chance, but big returns if it wins
3. Live Odds Keep Changing
During live betting, odds change every ball/minute. Watch the match and act fast.
👉 Live Betting Tips to Win More
🏏 Cricket Odds Example
- India to win: 1.80
- Australia to win: 2.10
- Tie: 25.00
Here, the platform thinks India is more likely to win (lower odds), but if you bet on Australia and they win, your profit will be higher.
💡 Pro Tip: Use Odds Comparison for Strategy
If two outcomes have similar odds, it means the match is balanced. Use your cricket knowledge to make smarter picks.
Also, don’t forget to set limits! Betting smart is better than betting big.
🔗 Must-Read Blogs for Beginners
🏁 Final Thoughts
Understanding odds on LotusBook is the first step to winning smart. Don’t just go by feelings — learn how much you’re risking and what you’re getting in return. Once you master this, every bet becomes more strategic and less emotional.
