How to Read and Calculate Fractional-Format Odds
The fractional format is a popular style that is predominantly utilised in the United Kingdom and Ireland, serving as a means to portray the potential gains relative to the amount wagered. The number on the left (the numerator) stands for the profits if the wager proves successful, whereas the number on the right (the denominator) stands for the sum that must be wagered.
Take, for instance, 3/1, which implies that for every unit staked, three units could be gained. This excludes the original amount, which is returned if the wager is successful. Accordingly, a successful £1 wager at 3/1 would yield £4 (£3 in gains in addition to the original £1 that was placed).
Reading Fractions & Understanding the Details
It is common knowledge that many punters prefer the ease of the decimal formats, but there are those that still prefer the traditional method to promptly observe the potential winnings from their wagers. Let’s explain this fraction format in an everyday situation at UK bookies.
For example, if a punter finds a market where Chelsea has a value of 4/1 to win, this indicates that for every £1 wagered, it will return £4 in profits plus the original bet amount. In contrast, 1/4 implies that for every £4 wagered, the punter could gain £1, in addition to the return of the original stake.
How To Calculate Fractions to Make the Most of Every Bet
Those unfamiliar with betting sites available in the UK might benefit from a step-by-step instruction to this format. Our team has compiled the following five stages that can be used until it becomes part of the routine:
- Identifying the Figures: The first step involves locating the fractional figures. These are displayed in a ‘numerator/denominator’ configuration, like ‘3/1’ or ‘1/3’, where the numerator represents the profit potential, and the denominator relates to the staked amount.
- Understanding the Fraction: Subsequently, understanding the significance of the fraction numbers is vital. For example, ‘3/1’ means for each £1 wagered, the calculated profit would amount to a total of £3.
- Executing Division: To determine the probability suggested by the bookie, we would divide the denominator by the sum of the numerator and denominator. For instance, with ‘3/1’, the calculation is 1 / (3+1) = 0.25 or 25%.
- Calculating the Profits: To determine this important piece of information from the wager, multiply the stake by the fraction unit values. For example, if an individual placed £10 on ‘3/1’, a total of £30 could be realised.
- Observing the Initial Stake: It is critical to recognise that the total return encompasses not only the profits but also the initial bet amount. And so, in the above example, the total return would be £40 (£30 profit + £10 original bet).
Learn To Read Some of The Most Common Decimal Values of Odds at Bookmakers
Getting familiar with fractions provides the wisdom required to assess the betting sites efficiently. Knowing what to look for and how to profit from high-value markets gives punters a skillset that helps to navigate the many bookmakers found online. To support all our newcomers, we have listed many of the common fraction units in the table below:
Fractional Units | Implied Probability | £10 Bet Payout |
---|---|---|
1/100 | 99% | 10.1 |
1/5 | 83.3% | 12 |
1/4 | 80% | 12.5 |
1/2 | 66.7% | 15 |
4/5 | 55.6% | 18 |
1/1 | 50% | 20 |
21/20 | 48.8% | 20.5 |
11/10 | 47.6% | 21 |
23/20 | 46.5% | 21.5 |
6/5 | 45.5% | 22 |
5/4 | 44.4% | 22.5 |
8/5 | 38.5% | 26 |
9/5 | 35.7% | 28 |
2/1 | 33.3% | 30 |
11/5 | 31.2% | 32 |
9/4 | 30.8% | 32.5 |
5/2 | 28.6% | 35 |
3/1 | 25% | 40 |
16/5 | 23.8% | 42 |
7/2 | 22.2% | 45 |
4/1 | 20% | 50 |
9/2 | 18.2% | 55 |
5/1 | 16.7% | 60 |
11/2 | 15.4% | 65 |
6/1 | 14.3% | 70 |
7/1 | 12.5% | 80 |
8/1 | 11.1% | 90 |
9/1 | 10% | 100 |
14/1 | 6.7% | 150 |
50/1 | 2% | 510 |
66/1 | 1.5% | 670 |
100/1 | 1% | 1010 |
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Utilising Fractionals When Finding Bookies
Possessing a firm grasp of this traditional format prepares punters to make smarter choices when looking for their next betting company. This insight assists them in assessing the bet value offered by the bookmaker, ensuring they always achieve the optimal return on their stakes. An advantage highlighted by the Stakers experts is how mastering this type of odds enables a successful comparison of offers across a larger selection of sites. The opportunity to pinpoint valuable wagers where the potential return exceeds the suggested probability is a skill that all punters should gain knowledge of when placing online sports bets in the United Kingdom.