Fractional odds have been used in bookmaking primarily in the
United Kingdom. They have been more or less replaced by decimal
odds in recent years, but a lot of bookmakers and bettors still
prefer this format. Although this odds format is often
considered more complicated than the decimal or moneyline
format, the calculations required for working out potential
profits and payouts is actually reasonably straightforward.

We provide the necessary calculations on this page, along
with some examples to highlight how it works in practice. We
also include a chart listing some of the more commonly-used
fractional odds, with the associated profits and payouts.

Calculation Required

The calculation you need to know to work out the potential
profit of a wager using fractional odds is as follows:

For the total potential payout, you just add your initial
stake to the potential profit.

PRIZE PAYOUT CHART FOR LOTTO 6/49 MAIN DRAW. Odds of Winning. 79.5% of the Pools Fund. 1 in 13,983,816. 6.0% of the Pools Fund.

1. The house edge for this bet is 4.76%. Although the odds are lower than the other medium odds options, this is still a good choice for players who want craps payouts larger than 1/1. Place Bet - 5 or 9. With only a 4% house edge while paying out at 7/5, the Place Bet - 5 or 9 is a good option for adventurous players.
2. Odds with $2 Minimum Payoff for Horse Racing. You’re betting on horse races and want to know how much your winning bet will give you. To compute your $2 win price, take the odds of your horse and multiply the first number by 2, divide that by the second number, and then add $2 — simple as that!

Using this Calculation

The two examples below show how this calculation works.

Fractional Odds Payout Chart

What Does 5/4 Odds Pay

The following chart shows some of the most frequently used
fractional odds, along with their respective profits and total
payouts based on a $10 stake.

What Are 4/6 Odds