AleisterCrowley wrote:Ah that makes sense - obvious when explained, but '2.75 'would make it easier for me to visualise
Looking at randon footie on 888 , Rangers v. Hibs is 14/5 the draw
So that is just 'fourteen fifths' ie 2.8 , so if you bet £10 on the draw you get £28 back plus your stake so £38?
What does 'on ' mean?
Yes, 14/5 is the same as 2.8 to 1. £10 bet = £38 if win as you've stated. Implied probability of a win is 5 / (14 + 5) = 5/19
Watch out because where bookies quote "decimal odds", such as Betfair or the Tote (e.g. 1.80) , the return of your stake is built into the price. So bet £10 at 1.80 and you get £18 back if you win made up.of your £10 stake plus £8 winnings.
Whereas with fractional odds the price is your winnings AND in addition you get your stake back.
"Odds on" is a term in fractional odds where the denominator is higher than the numerator. So odds of "4-1 on" are actually 1-4, i.e. bet £4 to win £1