Betting odds explained

Fractional odds tell you what you win against what you stake. 5/2 means £5 profit for every £2 staked. Pick any price below to see exactly what it means, what it pays and how likely the bookmaker thinks it is.

How to read fractional odds

The first number is what you win and the second is what you stake. Your stake comes back on top when the bet wins, so a £10 bet at 5/2 wins £25 and returns £35 in total. When the first number is bigger, the price is odds-against and you win more than you stake. When it's smaller, the price is odds-on and you win less. When the two are the same, it's evens.

To compare prices quickly, or to switch between fractional, decimal and American odds, use the odds converter.

Odds-on prices

You win less than you stake. These are outcomes the bookmaker expects more often than not.

Evens

You win the same as you stake: the dividing line between odds-on and odds-against.

Odds-against, up to 3/1

You win more than you stake. Typical prices for favourites and well-fancied selections.

Bigger prices

From 100/30 upwards: bigger returns, and less likely to win.