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Can someone explain the betting odds to me?


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Old 06-02-2015, 19:36
graciemay6
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Join Date: Mar 2013
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They really confuse me, calum is currently 1st favorite at 6/4 and katie is at 2/1 , but that's at one bookies, like 6 and 4 and 2 and 1 and what do they mean? Sorry not a brave person so never placed a bet before !
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Old 06-02-2015, 19:46
tenofspades
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6/4- if you placed £4 on, you'd get £6 back plus your stake of £4.

2/1- £1 on you double your money and get your stake back.


Sometimes easier to convert to decimal form and add 1.
So what the calculation is, is your return.

£1 @ 6/4 =£1@2.5 =£2.50 return
£1 @2/1= £1x 3.0 =£3.00 return
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Old 06-02-2015, 19:50
lector
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So the smaller the fraction the bigger the favourite.

Lets make it simple by placing an imaginary bet of £40.

If Calum won - your £40 would win you £60 (6 for every 4 bet or 1.5/1)

2/1 odds wins you 2 for every 1 so £40 would win you £80.

It does get more confusing because you can be odds on when you get less than 1/1. For example 1/2 or 0.5/1.

In this instance your £40 would win you £20.

In every case, if you win, you get your stake back so you don't lose money!!

Hope this helps.
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