Place a min £10 bet on Football on odds of min 1.5 (1/2), get £50 in Free Bet Builders after the qualifying bet has been settled. Get up to £40 in free bets on selected markets, which expire in 7 days. Free bets expire after 30 days. Free bets are non withdrawable. Free odds to percentage bets exclude virtuals. Free bet stakes not included in returns.
Fractional odds
2/7 is an odds against price, meaning there is quite a high probability of winning according to the bookmaker and if ti wins you are going to make a much smaller profit. However decimal odds are becoming more popular with new bettors as they are easier to understand for those new to the environment. With origins in horse racing, fractional odds are by far the most dominant format to express prices in the UK & Ireland. In decimal prices the returned stake in a successful bet is ‘built into’ the odds. For European bookmakers, the most common format is decimal, where a price such as 3.00 represents the equivalent of the 2/1 fractional price.
👀 Where can I find a free odds calculator?
- Often, the Percentile format is used but it should be remembered that the percentiles are based only on the sample data.
- Opt in and bet up to £40 (min. £20) via mobile or app on any football (odds 1/1+) within 7 days of registration.
- This allows you to compare the bookmaker’s odds with the fair market odds.
- Extension D provides a table that shows the equivalence between ORs in the range 0 to 1 with those in the range 1 to infinity.
- For more information about betting exchanges and how to use them, visit our betting exchanges page.
When the pre-test probability lies between 30 and 70 per cent, test results with a very high LR (say, above 10) rule in disease. With 95% confidence we infer that the true population value for this statistic lies between one and a half and four times. You see two numbers in the fraction, the first part refers to how much you could win, the second part refers to how much you bet. For simplicity, it is assumed both teams have an equal chance of winnings and that the paid odds are -110 for each selection. For experienced users, we provide a Round Robin Parlay Calculator to help with advanced combination betting. A parlay is a bet that combines multiple selections into a single wager that has a payout only when all parts win.
Decimal odds allow you to calculate how much money you will be returned should your bet win. Whenever you see two numbers separated by a slash, i.e. 10/1, this is a fractional betting odd. Let’s take a look at some other examples and situations of converting decimal odds. With these odds, for every £1 you bet, you’ll get a total return of £1.50 if you win.
Specific Bet Type Calculators
At the core of sports betting odds lies probability, which is the likelihood of a particular outcome occurring. When using a sports betting odds calculator, you could be using odds in different formats. Being able to switch from fractional odds into decimal odds is another useful ability that will help you to develop your overall betting awareness.
The odds will instantly change, with 10/1 becoming 11.0 That’s 10x your stake and the initial payment returned. Suppose you bet on Haaland to score first in the Manchester Derby at 7.0 (equal to 6/1). That’s 10x your stake as well as your original £10 back. Odds with the highest number displayed first are known as odds-against, and 10/1 could be an outsider.