What 7/2 means
With fractional odds, the first number is what you win and the second is what you stake. At 7/2, every £2 you stake wins £7 in profit, and your stake is returned on top. Because you win more than you stake, it's an odds-against price: the bookmaker rates this outcome as less likely to happen than not.
It's read as "seven to two".
7/2 in decimal and American odds
| Format | 7/2 as | How it's worked out |
|---|---|---|
| Decimal | 4.50 | 7 ÷ 2 + 1 |
| American | +350 | (4.50 − 1) × 100 |
| Implied probability | 22.2% | 1 ÷ 4.50 |
What 7/2 pays
| Stake | Profit | Total return |
|---|---|---|
| £1.00 | £3.50 | £4.50 |
| £2.00 | £7.00 | £9.00 |
| £5.00 | £17.50 | £22.50 |
| £10.00 | £35.00 | £45.00 |
| £20.00 | £70.00 | £90.00 |
| £50.00 | £175.00 | £225.00 |
| £100.00 | £350.00 | £450.00 |
How likely is 7/2 to win?
7/2 implies a 22.2% chance, or about 2 in 9. In other words, the bookmaker expects it to win roughly two times for every nine attempts. The true chance is usually a little lower than this, because bookmakers build a margin into every price.
7/2 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 7/2. For a £5 each way bet (£10 in total):
| Place terms | Place odds | Returns if it wins | Returns if it places |
|---|---|---|---|
| 1/4 odds | 7/8 | £31.88 | £9.38 |
| 1/5 odds | 7/10 | £31.00 | £8.50 |
At 1/5 terms, a placed finish returns £8.50 from the £10 total stake, so it still loses £1.50 overall. Each way needs bigger prices than 7/2 for the place part to cover the bet. Work out any each way bet.
If a horse at 7/2 is withdrawn
When a horse priced at 7/2 is withdrawn after you've bet on another runner in the same race, Rule 4 takes 20p from every £1 of your winnings.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 7/2
See every common price explained, or convert any price with the odds converter.