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Odds

Former MemberFormer Member Posts: 1,876,324 The Mix Honorary Guru
When betting is 7/4 better than 11/4 and how do you work out what you win for say £5:confused:

Comments

  • Former MemberFormer Member Posts: 1,876,324 The Mix Honorary Guru
    Ok, higher numbers means you're less likely to win so 7/4 is more likely to win than 11/4 but, if you bet on 11/4 you get more money back than if you bet on 7/4. Im not sure how you work out what you win back though
  • Former MemberFormer Member Posts: 1,876,324 The Mix Honorary Guru
    You can use this calculator to work out the potential winnings.

    For a £5 stake at 11/4, your winnings would be:

    £5 x 11/4
    = £5 x 2.75
    = £13.75

    Plus your original stake of £5, gives you £18.75.
  • Former MemberFormer Member Posts: 1,876,324 The Mix Honorary Guru
    Its all about fractions/

    If you bet £1

    On 7/4, 7 divided by 4 = 1.75
    1.75 x £1 = £1.75
    You get your original stake back, so £1.75+£1 = £2.75

    On 11/4, 11 divided by 4 = 2.75
    2.75 x £1 = £2.75
    Original stake back, £2.75+£1 = £3.75

    So you work out the odds by doing the division, times it by the stake, then add the stake again.
  • Former MemberFormer Member Posts: 1,876,324 The Mix Honorary Guru
    7/4 = for every 4 pounds spent on the bet you get 7 back if you win PLUS your original bet. so if you bet £4 at those odds and you won, you'd win £7 plus your bet back = £11

    Treat it like a fraction 7/4 = 1 and 3/4 or 1.75

    So to work out your winnings froma bet -

    Bet x 1.75 + Bet = winnings.

    11/4 = 2 and 3/4 or 2.75.

    £5 at 7/4 win = £13.75

    £5 at 11/4 win = £18.75
  • Former MemberFormer Member Posts: 1,876,324 The Mix Honorary Guru
    lol
  • Former MemberFormer Member Posts: 1,876,324 The Mix Honorary Guru
    Thanks guys, its rather complicated but i do get it now
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