Fractional odds is the traditional way to display odds and is most used in European sport. You can change your odds to display as decimal odds if you are betting online. You can use our fractional to decimal odds converter to convert fractional odds to decimal odds.
What are fractional odds in betting?
Fractional odds, also known as British odds, are one of the three common formats used to represent betting odds. They are presented as a fraction, such as 2/1, 5/2, or 10/1.
Here’s how to interpret fractional odds:
- Numerator: The numerator (the first number) represents how much you will win from a bet of the size of the denominator (the second number). For example, if the odds are 5/1, for every unit you bet, you will win 5 units in profit if your bet is successful.
- Denominator: The denominator (the second number) represents the amount you need to bet to win the amount represented by the numerator. Using the previous example of 5/1, if you bet £1, you would win £5 in profit plus your original £1 stake back if your bet wins.
To calculate your total potential payout with fractional odds, you can use the following formula:
Total Payout=(Numerator/Denominator+1)×Stake
For example, if you bet £10 on odds of 5/1:
Total Payout=(5/1+1)×£10=£60
This includes your original £10 stake and £50 in profit.
Fractional odds are commonly used in the UK, and they indicate the profit you stand to make relative to your stake. If the odds are a fraction greater than 1 (e.g., 5/1), you will make a profit for every unit staked if your bet is successful. If the odds are less than 1 (e.g., 1/5), you will make less profit than the amount staked, and these odds indicate a favorite in the context of betting.