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VCBet (up to £100 Free Bet) - Bet 365 - Square - Tote - Paddy Power - Skybet - Betfred - William Hill - LadbrokesWhat are the odds?
- Odds are simply numbers which tell you how much you will win for a given wager or stake. So, a £10 bet on Manchester Utd to beat Arsenal at 6/4 (Euro 2.50) would return £15.00, £25.00 including your stake.
Example: Manchester Utd vs. Arsenal
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- Odds imply a probability of something happening and can be converted into percentages. This is helpful when looking at the value the quoted odds give you. For example, an even money bet (Evens UK, 2.00 Euro) reflects a 50% chance of an outcome and a 6/4 UK, 2.50 Euro bet is giving you a 40% chance.
To work this out, using the 6/4 (2.50) example you can do the following calculation:
| 6 / 4 = 1.5 + 1 = 2.50 |
| 100% / 2.50 = 40% |
- Using the top10betting Odds Ready Reckone you will be able to look at any market, whether it’s a football match, horse race or whatever and quickly establish the over-round and therefore whether value exists in your bet.
- The over-round is the bookmaker’s margin – or profit. Below you will see some typical odds for a football match – in this instance between Manchester Utd and Arsenal. The over-round in this example is 110%. Due to the competitive nature of football (soccer) betting, this is getting better all the time. Some firms are offering markets with over-rounds of 106 – 108% free bet
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