Odds ratio calculations in GWAS paper
Those odds ratio aren't calculated from the raw allele frequencies. They're calculated from coefficients estimated from complex linear models with a bunch of covariates that are run on subsets of the data then meta-analysed together. 

It is a bit surprising that the odds ratio is less than one when the frequency is higher in cases, but the p-value indicates that the OR is not significantly different from 1 so it may be down to statistical noise. It's possible that within populations one allele is more common in cases than in controls but that cases are primarily sampled from populations where that allele is uncommon, causing it to be more common in controls overall.  See here. Alternatively, 1/0.98 is pretty close to the value you calculated, so it's possible that the reference allele got switched around at some point.