What 9/2 means
With fractional odds, the first number is what you win and the second is what you stake. At 9/2, every £2 you stake wins £9 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 "nine to two".
9/2 in decimal and American odds
| Format | 9/2 as | How it's worked out |
|---|---|---|
| Decimal | 5.50 | 9 ÷ 2 + 1 |
| American | +450 | (5.50 − 1) × 100 |
| Implied probability | 18.2% | 1 ÷ 5.50 |
What 9/2 pays
| Stake | Profit | Total return |
|---|---|---|
| £1.00 | £4.50 | £5.50 |
| £2.00 | £9.00 | £11.00 |
| £5.00 | £22.50 | £27.50 |
| £10.00 | £45.00 | £55.00 |
| £20.00 | £90.00 | £110.00 |
| £50.00 | £225.00 | £275.00 |
| £100.00 | £450.00 | £550.00 |
How likely is 9/2 to win?
9/2 implies a 18.2% chance, or about 2 in 11. In other words, the bookmaker expects it to win roughly two times for every eleven attempts. The true chance is usually a little lower than this, because bookmakers build a margin into every price.
9/2 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 9/2. For a £5 each way bet (£10 in total):
| Place terms | Place odds | Returns if it wins | Returns if it places |
|---|---|---|---|
| 1/4 odds | 9/8 | £38.13 | £10.63 |
| 1/5 odds | 9/10 | £37.00 | £9.50 |
At 1/5 terms, a placed finish returns £9.50 from the £10 total stake, so it still loses £0.50 overall. Each way needs bigger prices than 9/2 for the place part to cover the bet. Work out any each way bet.
If a horse at 9/2 is withdrawn
When a horse priced at 9/2 is withdrawn after you've bet on another runner in the same race, Rule 4 takes 15p from every £1 of your winnings.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 9/2
See every common price explained, or convert any price with the odds converter.