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  2. Odds - Wikipedia

    en.wikipedia.org/wiki/Odds

    Thus even odds 1/1 are quoted in decimal odds as 2.00. The 4/1 fractional odds discussed above are quoted as 5.00, while the 1/4 odds are quoted as 1.25. This is considered to be ideal for parlay betting, because the odds to be paid out are simply the product of the odds for each outcome wagered on. When looking at decimal odds in betting terms ...

  3. Decimal - Wikipedia

    en.wikipedia.org/wiki/Decimal

    Decimal. Place value of number in decimal system. The decimal numeral system (also called the base-ten positional numeral system and denary / ˈdiːnəri / [1] or decanary) is the standard system for denoting integer and non-integer numbers. It is the extension to non-integer numbers (decimal fractions) of the Hindu–Arabic numeral system.

  4. Fraction - Wikipedia

    en.wikipedia.org/wiki/Fraction

    To change ⁠ 1 / 3 ⁠ to a decimal, divide 1.000... by 3 (" 3 into 1.000... "), and stop when the desired accuracy is obtained, e.g., at 4 decimals with 0.3333. The fraction ⁠ 1 / 4 ⁠ can be written exactly with two decimal digits, while the fraction ⁠ 1 / 3 ⁠ cannot be written exactly as a decimal with a finite number of digits.

  5. Decimal representation - Wikipedia

    en.wikipedia.org/wiki/Decimal_representation

    The decimal representation represents the infinite sum: Every nonnegative real number has at least one such representation; it has two such representations (with if ) if and only if one has a trailing infinite sequence of 0, and the other has a trailing infinite sequence of 9. For having a one-to-one correspondence between nonnegative real ...

  6. Fixed-odds betting - Wikipedia

    en.wikipedia.org/wiki/Fixed-odds_betting

    To convert fractional odds to decimal, take the fractional number, convert it to decimal by doing the division, and then add 1. For example, the 4-to-1 fractional odds shown above is the same as 5 in decimal odds, while 1-to-4 would be quoted as 1.25.

  7. Repeating decimal - Wikipedia

    en.wikipedia.org/wiki/Repeating_decimal

    For example, in duodecimal, ⁠ 1 / 2 ⁠ = 0.6, ⁠ 1 / 3 ⁠ = 0.4, ⁠ 1 / 4 ⁠ = 0.3 and ⁠ 1 / 6 ⁠ = 0.2 all terminate; ⁠ 1 / 5 ⁠ = 0. 2497 repeats with period length 4, in contrast with the equivalent decimal expansion of 0.2; ⁠ 1 / 7 ⁠ = 0. 186A35 has period 6 in duodecimal, just as it does in decimal. If b is an integer base ...

  8. Fixed-point arithmetic - Wikipedia

    en.wikipedia.org/wiki/Fixed-point_arithmetic

    A fixed-point representation of a fractional number is essentially an integer that is to be implicitly multiplied by a fixed scaling factor. For example, the value 1.23 can be stored in a variable as the integer value 1230 with implicit scaling factor of 1/1000 (meaning that the last 3 decimal digits are implicitly assumed to be a decimal fraction), and the value 1 230 000 can be represented ...

  9. Rounding - Wikipedia

    en.wikipedia.org/wiki/Rounding

    With decimal arithmetic, final digits of 0 and 5 are avoided; if there is a choice between numbers with the least significant digit 0 or 1, 4 or 5, 5 or 6, 9 or 0, then the digit different from 0 or 5 shall be selected; otherwise, the choice is arbitrary.