betting odds

[tali122]

i understand bets like 4/1 , but what is 100/30 or 9/4- does this mean minimum bets of �30 and �4?- and the returns are �100 and �9 on every multiple?

also what is "one way" and "two way"?

[Loosehead]

They are simple fractions. 100/30 = 10/3 = 3.33/1

9/4 = 2.25-1 Its a tradition in gambling generally we still use the imperial fractions.

No it makes no reference to the stake so you have to divide by the bottom and multiply by the top so for example �1 on a 9/4 winner = �1 x 4 = 25p x 9 = �2.25 and your original stake is refunded so you would get �3.25 back from such a bet

[vehelpfulguy]

Odds like 100/30 and 9/4 are when bookies want to put odds on something that does not end nicely in a one.

For example suppose a horse could be 4/1, or maybe 5/1, but the bookies want something in between, sort of 4 and a half to 1.

So instead of saying 4 and a half to 1 they say 9/2 (the numbers above and below are doubled). Note 9/2 is exactly the same as 4 and half to 1.

After all, 4/1 is the same as 8/2 and 16/4. They are all the same thing.

So 100/30 is about 3 and a third to 1 (3.3 to 1) and 9/4 is 2.25 to 1

You divide the second number into the first, so 30 into 100 gives 3.3 to 1.

[james_m246]

bravo

[Buenchico]

Just to deal with the last part of your question:

I assume that what you're referring to is an 'each way' bet. When someone bets on a horse race they can, of course, simply bet that a particular horse will win. (This, unsurprisingly, is known as a 'win bet'). It's also possible, however, to bet that a horse will be 'placed' (i.e. that it will come 2nd or 3rd. This is known as a 'place bet').

[Before someone points it out, I should add that there have to be a minimum number of runners before a place bet will be accepted. Also, with a very large field, a place bet will pay out on 4th place as well as 2nd & 3rd].

Sometimes the gambler will wish to place two bets on the same horse. One bet will pay out if the horse comes first; the other pays out if the horse is placed. So, "�10 each way" means that a total of �20 is laid out, with �10 being a win bet and the other �10 being a place bet.

Chris

[redmug100]

100/30 is the same as 10/3 but way it is said ten to three sounds like time ie.2.50pm so the boookies came up with 100/30 to avoid any confusion.

[BriWrite]

So how do explain 5/4 Redwood, its still 3.55, cant cut that down to avoid confusion.

[PhilBy]

A simple trick is to remeber the second number is your stake to win the first number. ie. 5/4 .... you have to stake �4.00 to win �5.00 or �1.00 stake will win you �1.25, a �20.00 stake will win you �25.00etc. Your stake can be anything you wish from 10p to whatever your limit is with your chosen bookmaker.

If you bet online and wish to work in decimals (see vehelpfulguy post above) have a quick look about and you will see a tag that will say "View odds in decimal"

The most important thing to remember though is to pick winners :-)

[alunrw]

In bygone days the odds were all to a hundred,therefore 100/30 you put up 30 to win 100 - there were also odds such as100/8 100/7 100/6 etc. which over the years have been rounded down (in the bookies favour) to 12/1 14/1 and 16/1 , you rarely get odds of 13/1 ,15/1 17/1