There are two ways odds — or prices — are displayed at racecourses in Britain: the classic system or even the system that is Publish.
Fractional odds:
These are usually displayed in this arrangement: 4/1.
In spoken form this is”Four-to-one” and occasionally this can be written as: 4-1.
Odds are maths. To illustrate some instances, let’s call each number a device. So:
4/1: For every 1 unit you bet, you will receive 4 units should you win (along with your bet ).
7/2: For each 2 units you stake, you will receive 7 components if you win (plus your bet ).
9/4: For each four units you stake, you will receive 9 units if you win (plus your bet ).
If you see fractional odds the other way round — this is called odds-on and means the horse in question is a hot favourite to win the 32, such as 1/4 –.
In spoken form that is”Four-to-one on”.
1/4: For every 4 units you stake, you will receive 1 unit in case you win (along with your bet ).
1/2: For every 2 units you stake, you will receive 1 unit if you win (plus your bet ).
On occasion you will see EVS or Evens displayed. This is the equal of a 1/1 fraction. Again it signifies the horse in question is expected to win the race.
EVS: For every 1 unit you bet, you will receive 1 unit in case you win (along with your stake).
Decimal odds:
These are usually displayed in this format: 5.00.
5.00: Simply multiply this number by your stake to calculate your complete potential returns if you are putting a win wager. Unlike fractional chances, your stake is already factored into this price i.e. this is the equivalent of 4/1 and also the 1 unit you stake.
Favourites:
Each race has a favorite. This is the horse most likely to win, which will be reflected in having the shortest cost displayed with betting operators.
When they are the favorite, an F will be seen by you along with the horse’s chances. This is displayed meaning joint-favourite if more than 1 horse has the very same chances of winning according to the market.

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