Sports Betting 101

The bet menu on site has been designed to help you locate events by order of sport, for example Football, Formule 1, Tennis or Esports. Can’t find the particular event you’re looking for? Try the sports locator search function. Just enter a team, name of a particular player or country.

Mr Green has even included a quick filter if you’re looking for LIVE odds for matches that are being played as you bet. Or for events that are starting soon. These are useful if you would like to place your bet and have it resolved (paid out) sooner.

The odds on screen look strange, I’m used to seeing other odds? Most online bookmakers like Mr Green give you the option of which type of odds you want to use. The odds can be displayed in decimal, fractional or American format.

On the Mr Green sports betting page, simply select the drop down menu to choose the odds display that you feel most comfortable with.

DECIMAL ODDS

Decimal odds are most commonly used throughout mainland Europe and are also commonly known as ‘European odds’.

It’s super easy to understand how decimal odds work and how much you can win if the bet goes your way. Basically, you multiply your stake by the decimal shown and the answer is how much you’ll receive in winnings – including your stake.

For example, if you bet €20 on a wager with the odds 2.00, the payout will be: €20 x 2.00 = €40.

Conveniently, all this information is clearly displayed on the web site, so you do not need to calculate this by yourself.

FRACTIONAL ODDS

Odds displayed as fractions show how much you will win on a bet compared to how much you put on it. The first number in the fraction shows how much you will win if you place the amount shown in the second number. Fractional odds are most commonly used in the UK.

For example, odds of 2/1 tell you that for every one (1) euro you stake, you will win two (2) euros. If on the other hand you saw the odds 1/3, this indicates that you will need to stake three (3) euros in order to win just a single euro.

For your convenience, the payout is automatically calculated and displayed on the web site, so you will never need to calculate this by yourself.

SINGLE BET

A single is a bet on 1 selection in one event. Your selection must be successful to get a return.

Each way

Commonly used in horse racing or any event with a tournament based qualifying format, an ‘each-way’ bet is a wager that consisting of two separate bets: a win bet and a place bet.

For the win part of the bet to give a return, the selection must win, or finish first, in the event. For the place part of the bet to give a return, the selection must either win or finish in one of the predetermined places for the event, such as first place or second place.

COMBI BET

Also commonly referred to as an ‘Acca’, a combination bet is one bet requiring a selection of multiple bet markets on a single bet slip, the only difference being that ALL the selections must win to have a return.

The advantage of a combination bet is that winnings are much higher at the expense of increased risk. The only drawback is that it takes just a single selection in the combination to lose, for the entire combination bet to lose.

To place a combination bet, select the markets you would like to bet on so that they appear in your bet slip. Select the ‘Combination’ tab to combine the selections and enter the stake you want to wager. The bet slip will calculate the potential payout for your combination bet.

Please note that some bet selections cannot be combined. The bet slip will notify you if any of your selections are incompatible.

SYSTEM BET

A system bet is made up of several combination and single bets. As soon as you have added at least 2 or more bets to your bet slip, you can place system bets. To do so, click on the ‘System’ tab to see the number of possible system bets available to you based upon your bet selections.

Below are examples of combination bets and system bets. The number of bets selections (markets) that are required on the bet slip and how many combinations a particular system bet creates.