What 4/11 means
With fractional odds, the first number is what you win and the second is what you stake. At 4/11, you stake £11 to win £4, so your profit is smaller than your stake. That's what makes it odds-on: the bookmaker rates this outcome as more likely to happen than not.
It's read as "four to eleven", but bookmakers often turn odds-on prices round, so you'll also hear 4/11 called "eleven to four on" or "11/4 on". Both mean the same thing.
4/11 in decimal and American odds
| Format | 4/11 as | How it's worked out |
|---|---|---|
| Decimal | 1.36 | 4 ÷ 11 + 1 |
| American | -275 | 100 ÷ (1.36 − 1) |
| Implied probability | 73.3% | 1 ÷ 1.36 |
What 4/11 pays
| Stake | Profit | Total return |
|---|---|---|
| £1.00 | £0.36 | £1.36 |
| £2.00 | £0.73 | £2.73 |
| £5.00 | £1.82 | £6.82 |
| £10.00 | £3.64 | £13.64 |
| £20.00 | £7.27 | £27.27 |
| £50.00 | £18.18 | £68.18 |
| £100.00 | £36.36 | £136.36 |
How likely is 4/11 to win?
4/11 implies a 73.3% chance, or about 11 in 15. The bookmaker expects this outcome more often than not. The true chance is usually a little lower than this, because bookmakers build a margin into every price.
4/11 each way
An each way bet splits your stake between a win bet and a place bet, with the place part paid at a fraction of 4/11. For a £5 each way bet (£10 in total):
| Place terms | Place odds | Returns if it wins | Returns if it places |
|---|---|---|---|
| 1/4 odds | 1/11 | £12.27 | £5.45 |
| 1/5 odds | 4/55 | £12.18 | £5.36 |
At 1/5 terms, a placed finish returns £5.36 from the £10 total stake, so it still loses £4.64 overall. Each way needs bigger prices than 4/11 for the place part to cover the bet. Work out any each way bet.
If a horse at 4/11 is withdrawn
When a horse priced at 4/11 is withdrawn after you've bet on another runner in the same race, Rule 4 takes 70p from every £1 of your winnings. It applies to bets struck at a fixed price before the withdrawal. Work out a Rule 4 deduction.
Prices either side of 4/11
See every common price explained, or convert any price with the odds converter.