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As such, the fraction allows you to work out your winnings, but you will also need to factor in that your stake will also be returned to you as well. Thankfully, that is where online odds calculators come into their own. The Free Bet Calculator is the premier online sports bet calculator, offering the most comprehensive range of bets and settlingoptions.
- Meanwhile, if you win a bet at odds of 8.00, this will provide £8 profit for every £1.
- We focus on providing a platform that is quick, secure, and easy to use.
- While the use of decimals may seem very simple in that respect, it is worth bearing in mind that the concept offers up one fundamental difference in comparison to the use of fractional odds.
- UK betting fans have two favourite sports when it comes to betting, the runner-up in this scenario is Horse Racing while the most popular is football.
- A bet winnings calculator helps you check returns before placing your stake.
- You link two selections in a Single Stakes About (SSA) bet type.
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For example, if you place a £1 bet on a horse with odds of 4.00, you will get a return of £4. Odds can be shown in three different ways, American odds, fractional odds and decimal odds are the three formats, American odds will be shown as the likes of +370 or -125. This demonstrates how much players would receive per £1. So, if your bet has odds of +370, this shows that you’d receive £3.70 for every £1 you bet.
Half goes on a win bet, and half goes on a place bet. If it places but doesn’t win, you get the place payout only. The place part of the bet usually pays at a fraction of the full odds. With fractional odds, the first number is what you win for every unit you bet. At 5/1 odds, you get £5 profit for every £1 staked.
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