Fractional Odds Formula:
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The Fractional Odds Calculator determines potential winnings from horse racing bets using traditional fractional odds format (e.g., 5/1, 10/3). It calculates how much you would win based on your stake and the given odds.
The calculator uses the fractional odds formula:
Where:
Explanation: The formula calculates your profit (not including returned stake). For example, 5/1 odds mean you win $5 for every $1 bet.
Details: Understanding potential returns helps bettors make informed decisions, compare different bets, and manage their bankroll effectively.
Tips: Enter your stake amount, the numerator (first number of odds), and denominator (second number of odds). All values must be positive numbers.
Q1: What does 5/1 odds mean?
A: For every $1 you bet, you win $5 (plus your original $1 stake back).
Q2: How are fractional odds different from decimal odds?
A: Fractional odds show profit relative to stake (5/1 = 6.0 in decimal), while decimal odds include the returned stake.
Q3: What does 1/1 (evens) mean?
A: You win an amount equal to your stake - a $10 bet at 1/1 wins $10 (plus $10 stake back).
Q4: How do odds like 10/3 work?
A: For every $3 bet, you win $10. The calculator handles all fractional values.
Q5: Does this include my original stake?
A: No, this calculates only the winnings. Your total return would be stake + win amount.