9 2 Odds Explained

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  1. 9 2 Odds Explained Predictions
  2. 5 To 2 Odds
  3. 9 2 Odds Explained Ncaa Basketball

Another example of decimal odds in action would be betting on NHL game with odds of 9.0. A $10 stake on odds of 9.0 would earn a total payout of $90 with $80 being won from the sportsbook and your initial $10 stake being returned. You can use the following formula to calculate potential returns with decimal odds: Calculating total payout: Odds. So odds of 7-2 mean that for every $2 invested, the punter gets $7 profit in return. This means when you bet $2, the total return if the bet is successful is $9. Similarly, if a horse is at even money (ie 1-1), it’s $2 profit for every $2 invested, or a total return of $4.

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.

9 2 Odds Explained Predictions

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.

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.

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.

OddsExplained

Knowing your odds

wdt_IDFractionalDecimalWIN RETURNS FROM £5 (inc. stake)
11-21.5£7.50
24-71.57£7.86
38-131.62£8.08
44-61.67£8.33
58-111.73£8.64
64-51.80£9.00
75-61.83£9.16
810-111.91£9.55
91-12.00£10.00
1011-102.10£10.50

5 To 2 Odds

9 2 Odds Explained

9 2 Odds Explained Ncaa Basketball

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.