Whether you're new to sports betting or you've been placing wagers for years, understanding how odds work makes a real difference to your bottom line. At 746pub, we keep our odds transparent, competitive, and easy to follow — so you always know exactly what you're getting into before you place your bet.
What Are Betting Odds?
A lot of people place bets without really understanding the numbers they're looking at. They see a favourite at 1.30 and an underdog at 3.50 and they just go with their gut. That's fine sometimes, but knowing what those numbers actually represent gives you a completely different perspective on whether a bet is worth placing.
At their core, betting odds do two things. First, they reflect the implied probability of an outcome — the higher the number, the less likely the event is expected to happen. Second, they tell you exactly how much you'd win on a given stake. At 746pub, we use decimal odds by default because they're the most straightforward format for calculating returns: multiply your stake by the odds and that's your total payout, profit included.
So if you bet ₱1,000 on an outcome at 2.50, you'd receive ₱2,500 back if it wins — ₱1,500 profit on top of your original ₱1,000. The maths is instant, the format is clear, and there's no guesswork involved.
At 746pub, all odds are quoted in decimal format. Your potential payout is always shown before you confirm any bet, so you never have to calculate anything manually.
Odds Formats Explained
Betting platforms around the world use different formats to display odds. Here's what each one means and why 746pub recommends decimal.
Decimal odds are the most widely used format in Asia, Europe, and Australia. They're also the clearest. The number you see represents how much you get back in total — including your original stake — for every ₱1 you bet.
Formula: Payout = Stake × Decimal Odds
If the odds are 1.85 and you bet ₱500:
Any odds below 2.00 means you're betting on a favourite — your profit is less than your stake. Any odds above 2.00 means you're betting on an underdog — your profit exceeds your stake.
| Decimal Odds | ₱1,000 Stake | Total Return | Profit |
|---|---|---|---|
| 1.30 | ₱1,000 | ₱1,300 | ₱300 |
| 1.60 | ₱1,000 | ₱1,600 | ₱600 |
| 2.00 | ₱1,000 | ₱2,000 | ₱1,000 |
| 2.50 | ₱1,000 | ₱2,500 | ₱1,500 |
| 4.00 | ₱1,000 | ₱4,000 | ₱3,000 |
| 10.00 | ₱1,000 | ₱10,000 | ₱9,000 |
Fractional odds are written as a ratio like 5/2 or 11/4. The left number shows your profit and the right number is your stake. So 5/2 means you win ₱5 for every ₱2 you bet.
Formula: Profit = Stake × (Numerator ÷ Denominator)
With 5/2 odds and a ₱1,000 stake:
Fractional odds are a bit older and less intuitive for most Filipino bettors, which is why 746pub uses decimal odds. They represent exactly the same value — just displayed differently.
| Fractional | Decimal Equivalent | ₱1,000 Profit |
|---|---|---|
| 1/3 | 1.33 | ₱333 |
| 1/2 | 1.50 | ₱500 |
| Evens (1/1) | 2.00 | ₱1,000 |
| 6/4 | 2.50 | ₱1,500 |
| 5/2 | 3.50 | ₱2,500 |
| 9/1 | 10.00 | ₱9,000 |
Moneyline odds use positive (+) and negative (−) numbers based on a ₱100 reference point. You'll see these on US-facing platforms and some esports books. Filipino bettors don't encounter these as often, but it's good to understand them.
Positive moneyline (+150): Underdog. You profit ₱150 on a ₱100 bet.
Negative moneyline (−150): Favourite. You must bet ₱150 to profit ₱100.
746pub displays odds in decimal format only, so you won't need to convert moneyline numbers on our platform. This reference is mainly useful when you're comparing odds from other sources.
| Moneyline | Decimal Equivalent | ₱1,000 Profit |
|---|---|---|
| −400 | 1.25 | ₱250 |
| −150 | 1.67 | ₱667 |
| +100 | 2.00 | ₱1,000 |
| +150 | 2.50 | ₱1,500 |
| +300 | 4.00 | ₱3,000 |
| +900 | 10.00 | ₱9,000 |
Bet Calculator
Not sure how much a bet would pay out? Use this simple calculator to see your potential return before you place any wager at 746pub. Enter your stake and the decimal odds, and the calculator does the rest.
Remember: the amount shown is your total payout — your profit is that figure minus your original stake. All amounts are in Philippine Peso (₱ PHP).
When you bet at 746pub, your potential payout is shown in the bet slip before you confirm — so you always know what you stand to win.
Quick Examples
Implied Probability
Every set of odds has an implied probability baked in — the bookmaker's estimate of how likely an outcome is. Once you understand this, you can make much more informed decisions about whether a bet actually has value.
Formula: Implied Probability = 1 ÷ Decimal Odds × 100
So odds of 2.00 imply a 50% chance. Odds of 1.50 imply 66.7%. Odds of 4.00 imply 25%.
Here's where it gets interesting. If you genuinely believe a team has a 60% chance of winning and the odds on them are 2.00 (which implies 50%), that's a value bet — the market is underestimating them. 746pub provides detailed stats and recent form data to help you spot moments like this.
The bookmaker's total implied probability across all outcomes in a market will always add up to slightly more than 100%. That margin above 100% is the vig or overround — essentially the platform's built-in edge. At 746pub, we keep our margins competitive so more of the value stays with you, the bettor.
| Decimal Odds | Implied Probability | Bet Type |
|---|---|---|
| 1.20 | 83.3% | Heavy Favourite |
| 1.50 | 66.7% | Favourite |
| 2.00 | 50.0% | Even Money |
| 3.00 | 33.3% | Underdog |
| 6.00 | 16.7% | Long Shot |
| 11.00 | 9.1% | Outsider |
Bet Types at 746pub
Once you're comfortable with how odds work, the next step is understanding the different bet types available at 746pub.
The simplest bet. You pick one outcome — Team A wins, Team B wins, or a draw — and stake your money on it. The payout is your stake multiplied by the decimal odds. At 746pub, single bets are available on all sports and esports markets.
Combine two or more selections into a single bet. All selections must win for the parlay to pay out. The odds multiply together, which means much higher potential returns — but higher risk. A four-team parlay at 746pub with each leg at 1.90 would pay out at 1.90 × 1.90 × 1.90 × 1.90 = 13.03.
A virtual advantage or disadvantage is applied to a team to level the playing field. Useful when one side is a heavy favourite — the heavy favourite might need to win by two or more goals, while the underdog could lose by one and still "win" the handicap bet. 746pub offers handicap markets across all major sports.
Instead of picking a winner, you're betting on whether the total score (or rounds, maps, etc.) will be over or under a line set by 746pub. For example, over 2.5 goals in a football match. A popular bet type for both casual and experienced bettors because it doesn't depend on which team wins.
Place bets while a match is in progress. Odds shift in real time as the game unfolds, creating opportunities that don't exist before kick-off. At 746pub, live betting is available for major sports and esports with fast-updating odds and a smooth mobile interface.
Bet on who wins a tournament or league before it starts or during the competition. Outright odds at 746pub cover PBA seasons, international football competitions, and major esports tournaments. Long odds mean high potential returns for correct picks made early.
Start Betting
Register free at 746pub. All you need is a valid Philippine phone number. The whole signup takes under three minutes.
Fund your wallet via GCash, Maya, GrabPay, Coins.ph, InstaPay, BDO/BPI/UnionBank bank transfer, or Visa/Mastercard. Deposits are instant.
Open the Betting Odds section, choose a sport or esports title, and browse available markets. Odds are displayed in decimal format with live updates.
Click on the odds you want to back. The selection is added to your bet slip where you can see your potential payout before confirming.
Type in your stake amount. The bet slip shows your potential total payout instantly. Hit confirm and your bet is placed. Winnings are credited immediately after the market settles.
Reading odds correctly is just the starting point. The players who get the most out of their time at 746pub tend to follow a few consistent habits that have nothing to do with luck.
Specialise before you diversify. It's tempting to bet on everything — basketball, football, esports, card games. But knowing one sport deeply almost always leads to better decisions than spreading thin attention across many markets. Pick the one you follow closely and start there.
Track your bets. Keep a simple record — date, market, stake, odds, result. After a month, patterns become visible. You'll see which markets you perform well in and which ones consistently drain your bankroll.
Respect your bankroll. Never bet more than you can comfortably afford to lose on a single event. A common guideline is keeping each bet between 1% and 5% of your total bankroll. 746pub supports this with in-account deposit and betting limit tools.
Shop for value, not certainty. A heavy favourite at 1.10 doesn't mean you're guaranteed to win — it just means you won't win much if you do. Look for moments where the implied probability feels lower than the actual chance of the outcome. That's where good bets live.
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