Betting odds explained

Betting odds can appear daunting at first glance but they are actually quite straightforward to calculate. We’ve devised a beginners guide to explain betting odds.

How do odds work?

11/10 Odds Payout

You would type -110 in the American Odds section to see how much you’d win based on the amount wagered. If you believe the combined score for both teams will be 105 points or more, you would bet the OVER. If you think the combined score for both teams will be. Picks, odds, and game forecast for Portland at Pacific on Thu 02/11 10:00 PM UTC in Pacific. Odds are commonly used in gambling and statistics. Odds can be demonstrated by examining rolling a six-sided die. The odds of rolling a 6 is 1:5. This is because there is 1 event (rolling a 6) that produces the specified outcome of 'rolling a 6,' and 5 events that do not (rolling a 1,2,3,4 or 5). Being able to calculate how much a bet returns for any given stake is one of the basics of betting and our Bet Calculator simplifies this process for bettors. A bet can be broken down into two elements; the Stake - how much you risk, and the Payout - your potential return including your Stake.

When looking at the odds (price) of a horse, the two formats used are decimals and fractions. Betting exchanges operate in decimals, whereas fixed-odds betting firms generally operate in fractions.

When determining the returns of a fractional bet, the second number always suggests the stake and the first number denotes what the profit will be if the bet wins. Take 4/1 as an example. If you stake £1 on a horse, then you stand to win £4 if the selection wins the race, which excludes your initial stake. In contrast, the decimal format factors in the initial stake. Betting odds of 4/1 would equate to 5.0 in decimal terms, 5/1 would be 6.0, and so forth.

See the chart below for a breakdown of betting odds in both fractional and decimal format, showing forecasted returns to £5 level stakes for the key prices in a market.

Knowing your odds

If you want to work out your winnings from a multiple bet such as an accumulator or lucky 15, you can use our betting calculator to find out instantly what you’ve won.

Upcoming football predictions and previous results: away odds > 11.10. soccer betting tips calculated according to historical statistics and bet365 and 188bet opening betting odds. Check out our football betting tips and take inspiration for your next football bet.

Algorithm

Home/Aw fav Balanced Bookmaker

*Home Away Fav: Most complete, the many parameters considered leads to an overestimation of 1 and 2 winning bets.

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11/10 Odds Percentage

*the number of results can be very high when few filters are selected. The football prediction and soccer betting tips archive is best explored when more parameters are set.

11 10 Mods

The previous table shows 1) the date and time (CET) when the match takes place, 2) the championship or cup, 3) the home and 4) away team, the opening betting odds by the mayor bookmakers of the 5) home-win, 6) tie and 7) away-win football bet 8) Team chance represents the predicted result, found out by the comparison of the team statistics, click on it to open the detailed analysis of that football prediction. By clicking any of the fields, the table will be parameterized according to your choice (now: away odds > 11.10). Any page has a unique url and can be bookmarked, or even better you can subscribe to the newsletter: you will receive football prediction and soccer betting tips by email, as soon as any match selected according to your filters is upcoming. Match results have to be intended as Full Time, extra time and penalty shootout, if any, are not considered.