Bookmakers odds?

Question

How do you work them out? For example, if I put £10 on something thats 7/4, how much would I get and how do you work it out??

Answer 1

7/4 for example
with a £10 bet divide the £10 by the bottom intiger (4) and multiply by the top(7) then add your stake to the answer

So 10/4 = 2.5
7 X 2.5 = 17.5
add 10 total return = £27,50

hope thats easy enough for you

Answer 2

Make a book against the bookmaker. I have an equation which allows you to make a book against the bookmaker. Unfortunately it still has risk as a proper book usually has about 10% plus on the part of the bookmaker. It is a simple spreadsheet, and not once did I find a bookmaker who gave me the opportunity to bet the field. I always had to take at least a 10% risk.

Answer 3

The way I do it is 7/4 = £40 to win £70.
Add them together (you always get your original stake back) = £110.
Obviously if your stake is £10, your returns would be 4 times less ie £40 + £70 = £110 then divide 4 = £27.50.

Answer 4

You read it from right to left. For every 4 euro you put on, you will win 7 euro. So if you put a 12 euro bet on a horse winning, you will win 21 euro. 12 divided by 4 = 3 multipled by 7 =21. And you will get the 12 euro you bet on in the first place refunded. So your overall win is 21(winnings) + 12(original bet) = 33 euro.

Answer 5

For every £4 you put on you would get £7 back plus your £4 stake. So for a £10 stake you would get £17.50 plus your £10 stake money = £27.50

Answer 6

for every £1 you put on you would win £1.75 including stake.ive managed in bookies and there is no such odds as 10/4.

evens,5/4,6/5,8/5,13/8,7/4,15/8,2/1,etc etc

10/4 equates to 5/2

another easy way to work it out is for every 40p you stake,you win an additional 70p = £1.10

Answer 7

Multiply the odds by the stake and add the stake and that will be your return