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How Fractional Odds Work in Betting - Understanding Fractional Betting Odds
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Fractional odds explained video will help to every bettor to sort out in fractional odds, what are very popular among bettors in sports betting tips from Great Britain. Bookmakers offer to players fractional odds in sports betting line and knowledge of this wager price will allow to place bets in Great Britain’s bookies.
Fractional odds are very easy for understanding and author thoroughly explain about calculating fractional odds in sports betting tips, what may know every viewer.
Fractional odds are displayed as 10/1 or 7/2. There are several ways to try and understand them but the easiest way is “how much you will win”/”how much you stake”. 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!). If you stake £2 at 7/2 then you will win £7 and get your £2 stake back.
You can see odds which appear to be the wrong way round for example 1/10 or 2/7. These are what are referred to as ‘Odds-On’ selections and you would have to stake £7 to win £2. You will see odds of this type when there is a strong favourite to win. For example when Chelsea lined up against Ipswich in the FA Cup, the Blues were as short as 1/10 to win the game.
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. 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. 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?
#odds #bettingodds #tutorial
Fractional odds are very easy for understanding and author thoroughly explain about calculating fractional odds in sports betting tips, what may know every viewer.
Fractional odds are displayed as 10/1 or 7/2. There are several ways to try and understand them but the easiest way is “how much you will win”/”how much you stake”. 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!). If you stake £2 at 7/2 then you will win £7 and get your £2 stake back.
You can see odds which appear to be the wrong way round for example 1/10 or 2/7. These are what are referred to as ‘Odds-On’ selections and you would have to stake £7 to win £2. You will see odds of this type when there is a strong favourite to win. For example when Chelsea lined up against Ipswich in the FA Cup, the Blues were as short as 1/10 to win the game.
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. 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. 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?
#odds #bettingodds #tutorial