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    Ok how does betting work? Im thinking of making a small bet but want to know how much i could make.

    Like this 5/2, 4/1, 10/1 thing, how do you work out how much you would win, through these?

    What do i divide and times?
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    ok....say there's a 10/1 (means 10 to 1) odds

    if you put on £1 to win (or whatever)

    you get £10 back plus ur original bet of £1 = £11


    for 5/2 you have to pay £2 and win £5 ....

    etc
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    (Original post by Packard)
    Ok how does betting work? Im thinking of making a small bet but want to know how much i could make.

    Like this 5/2, 4/1, 10/1 thing, how do you work out how much you would win, through these?

    What do i divide and times?
    umm, use 10/1 as an example..

    this means that for every £1 you put on, you get £10 back 10/1


    and 5/2 means you get £5 if you bet £2


    basically x/y = z and for every £1 you put on, you get z back


    you get your stake back too...
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    Just use decimal odds.
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    Ahhh.. isnt there some dividing and multiplying you can do to work it out. I just want to know if put a £40 bet on a 9/5, what do i do to work it out?

    Im terrible at maths, but whats the formula you have to use.
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    (Original post by Packard)
    Ahhh.. isnt there some dividing and multiplying you can do to work it out. I just want to know if put a £40 bet on a 9/5, what do i do to work it out?

    Im terrible at maths, but whats the formula you have to use.
    well its simple when you know how ....

    ok 9/5, this means you have to put £5 on...

    so if ur putting £40 you divide the 40 by the 5 = 8

    then times that by the 9 = £72 (plus the original £40)

    understand??
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    well for every £5 you get £9.
    There are eight £5s in £40
    Therefore you get £72 + your original £40

    right?
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    Don't forget the tax.
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    do forget the tax because winnings arent taxed
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    It's hard.
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    (Original post by brimstone)
    It's hard.
    nah...

    although betting at horse racing can get a bit tricky
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    Just use betfair. You just punch in how much you are going to bet and it automatically tells you how much you will win/loose.
 
 
 
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