Calculating Payouts From Fractional Odds
Fractional odds have been used in bookmaking primarily in the United Kingdom. They have been more or less replaced by decimal odds in recent years, but a lot of bookmakers and bettors still prefer this format. Although this odds format is often considered more complicated than the decimal or moneyline format, the calculations required for working out potential profits and payouts is actually reasonably straightforward.
We provide the necessary calculations on this page, along with some examples to highlight how it works in practice. We also include a chart listing some of the more commonly-used fractional odds, with the associated profits and payouts.
The calculation you need to know to work out the potential profit of a wager using fractional odds is as follows:
For the total potential payout, you just add your initial stake to the potential profit.
Using this Calculation
The two examples below show how this calculation works.
Fractional Odds Payout Chart
The following chart shows some of the most frequently used fractional odds, along with their respective profits and total payouts based on a $10 stake.
Author: Brad Johnson
Updated: March 2015
Related Sports Betting Articles
- Updated Federal Gambling Laws Could Be on the Horizon
- Bills Could Be in Trouble Without LeSean McCoy in Week 7
- Betway Named as Authorised Betting Partner of British Racing
- Are Packers’ Super Bowl Odds Crushed With Eddie Lacy Done For Season?
- Preseason Daily Fantasy Basketball Picks For Thursday, 10/20