11 2 Betting Odds
Bet £10 Get £20 in Free Bets T&Cs apply. £10 min cash bet at 1.5 min odds, settled within 14 days of sign-up. Win part of E/W bets. 2 non-withdrawable £10 tokens: accept in 7 days, valid for 7 days from acceptance (ex. E/Ws & Multiples), stakes not returned. Implied Probability: 1 / 1.61 = 62.11%. Fractional Odds Explained. Let’s finally move onto fractional odds, which are commonly used in the UK and when betting on horse racing. These are the funny-looking odds – like 9/5 or 1/2 – that you see when you flip on the Kentucky Derby. Betting odds of 4/1 would equate to 5.0 in decimal terms, 5/1 would be 6.0, and so forth. See the chart below for a breakdown of betting odds in both fractional and decimal format, showing forecasted returns to £5 level stakes for the key prices in a market.
Betting odds explained
Betting odds can appear daunting at first glance but they are actually quite straightforward to calculate. We’ve devised a beginners guide to explain betting odds.
How do odds work?
When looking at the odds (price) of a horse, the two formats used are decimals and fractions. Betting exchanges operate in decimals, whereas fixed-odds betting firms generally operate in fractions.
11 2 Betting Odds Explained
When determining the returns of a fractional bet, the second number always suggests the stake and the first number denotes what the profit will be if the bet wins. Take 4/1 as an example. If you stake £1 on a horse, then you stand to win £4 if the selection wins the race, which excludes your initial stake. In contrast, the decimal format factors in the initial stake. Betting odds of 4/1 would equate to 5.0 in decimal terms, 5/1 would be 6.0, and so forth.
11 2 Betting Odds Nba Finals
See the chart below for a breakdown of betting odds in both fractional and decimal format, showing forecasted returns to £5 level stakes for the key prices in a market.
Knowing your odds
Betting Odds Explained
| wdt_ID | Fractional | Decimal | WIN RETURNS FROM £5 (inc. stake) |
|---|---|---|---|
| 1 | 1-2 | 1.5 | £7.50 |
| 2 | 4-7 | 1.57 | £7.86 |
| 3 | 8-13 | 1.62 | £8.08 |
| 4 | 4-6 | 1.67 | £8.33 |
| 5 | 8-11 | 1.73 | £8.64 |
| 6 | 4-5 | 1.80 | £9.00 |
| 7 | 5-6 | 1.83 | £9.16 |
| 8 | 10-11 | 1.91 | £9.55 |
| 9 | 1-1 | 2.00 | £10.00 |
| 10 | 11-10 | 2.10 | £10.50 |
11 2 Betting Odds Nba
If you want to work out your winnings from a multiple bet such as an accumulator or lucky 15, you can use our betting calculator to find out instantly what you’ve won.