Fractional Odds Formula:
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Fractional odds (also called UK odds or traditional odds) are commonly used in the UK and Ireland. They represent the potential profit relative to the stake. For example, 5/1 means you win $5 for every $1 wagered, plus your original stake.
The calculator uses the fractional odds formula:
Where:
Explanation: The formula calculates your total return (winnings plus original stake) based on the fractional odds.
Details: Understanding potential returns helps bettors make informed decisions, compare betting options, and manage their bankroll effectively.
Tips: Enter your stake amount and the fractional odds (just the numerator if it's X/1). For odds like 5/2, enter 2.5 (5 divided by 2).
Q1: What's the difference between fractional and decimal odds?
A: Fractional odds show profit relative to stake (5/1 = 5:1 profit:stake), while decimal odds show total return (6.0 = 5 profit + 1 stake).
Q2: How do I convert fractional odds to probability?
A: Probability = denominator / (denominator + numerator). For 5/1 odds, probability = 1 / (1 + 5) = 1/6 ≈ 16.67%.
Q3: What does "evens" mean in fractional odds?
A: Evens is 1/1 odds, meaning you win an amount equal to your stake (plus get your stake back).
Q4: Are fractional odds better than decimal odds?
A: Neither is inherently better - fractional odds are traditional in the UK while decimal odds are more common in Europe and easier for calculations.
Q5: How do I calculate profit (excluding stake)?
A: Profit = Stake × Fraction. So for $10 at 5/1 odds, profit would be $10 × 5 = $50 (total return $60).