So the equation for calculating returns from decimal odds (which are written as 1.80 or 4.50) the equation is so much simpler: Stake x Odds For example, £10 staked at 4.5: £10 x 4.5 = £45 With decimal odds your stake is automatically included in your returns and it makes for a far easier calculation. If I asked you quickly to say which is the bigger price, 7/4 or 9/5? You’d have to think about it, right? But if I asked which is the bigger number 2.75 or 2.80? It’s not so hard.

It’s very easy to say that Chelsea would beat Ipswich but are you willing to stake £100 to make a profit of just £10? To calculate your potential returns from fractional odds: ((Stake /denominator) x numerator ) + stake For example, £10 staked at 7/2: ((£10/2) x 7) + £10 = £45ĭecimal Odds Now fractional odds are confusing and just by writing the above section I am wondering why on earth anyone still uses fractional odds! In the opinion of this bookmaker, decimal odds are far easier to understand. To be a winning punter, you not only have to back winners but you have to do so when the price accurately reflects the chance of winning. Most online betting sites will show you your potential winning on the betslip but it’s crucial to understand the odds in order to get value. For example when Chelsea lined up against Ipswich in the FA Cup, the Blues were as short as 1/10 to win the game. You will see odds of this type when there is a strong favourite to win. These are what are referred to as ‘Odds-On’ selections and you would have to stake £7 to win £2. You can see odds which appear to be the wrong way round for example 1/10 or 2/7. If you stake £2 at 7/2 then you will win £7 and get your £2 stake back. So for example if you stake £1 at 10/1 you will win £10 (remember that’s your profit, you will receive your pound back too!). There are several ways to try and understand them but the easiest way is “how much you will win”/”how much you stake”. Fractional Odds Fractional odds are displayed as 10/1 or 7/2. They are simply different ways to display the same thing. There is no monetary difference between the two and no reason to choose one over another. Generally speaking the odds don’t change no matter how much (or little) you want to stake on a selection.

The odds are quite simply the price, they are used to calculate exactly how much you will receive if your bet wins. In association with Sportingbet Without odds there would be no betting and without understanding odds there will be no winning customers.

What does 45 betting odds mean