In the following article our team of editors has shared common knowledge about fractional odds.
Our aim is to help all bettors become more and more knowledgeable. So, we have made a comprehensive section with all the necessary terms used in football and their meanings, betting techniques, types of bets, and useful tips from professional and expert bettors.
What are Fractional Odds
Did you enjoy Maths at school? Well, it is time to remember some formulas. The fraction itself is a mathematical tool that shows you a part of something or a portion. When it comes to betting, fractional ratios are written with a slash (“/”) and looks like 5/1, 3/4, 2/3.
Let us give a few practical examples.
| Odds | The winning |
|---|---|
| odds of 5/1 | for every $1 you bet, you will win $5 |
| odds of 10/1 | for every $50 you bet, you will win $550 |
How to use Fractional Odds in betting
Modern sportsbooks offer you a choice of how to display coefficients in the most convenient format. Punters can pick among decimal, American, fractional, Hong Kong, Indonesian, and Malaysian. In terms of calculations of your potential payouts, the fractional format is what you are looking for. Below, we discuss the beauties of this format of odds and give examples of their usage.
Example of Fractional Odds Usage
You place a bet on the winner of the NBA, and the odds are the following:
| the Lakers | 2/7 |
| the Bulls | 9/2 |
| the Raptors | 5/3 |
So, if you bet on the Lakers, you will get $12 for every $7 you bet. If you bet on the Bulls, your potential win of $2 is $9, and if you bet on the Raptors, you could win $5 for every $3 placed. Let us go deeper and imagine that we have $100 and what payout each team’s win will bring.
- Betting $100 on Lakers will return $171.4, and you will get $100 back. The total payout is $271.4.
- Betting $100 on Bulls will return much more, $450 plus your initial bet. The total payout is $550.
- Betting $100 on the Raptros will pay $166. The total payout is $266.
It all means that betting on the Bulls to win in this imaginary NBA season will bring the highest profit. However, it also means that Bulls have the lowest chances of winning, according to the bookmaker.
F.A.Q.
It’s simple. Take the fractional ratio, divide them, and add 1. For example, 12/5, the decimal odds will be 2.4 (12/5 +1).
Fractional coefficients are common among British bettors.
The lower number of the fraction refers to the amount of your bet, and the upper number refers to your potential win if the prediction is correct.
