You need to know how much you could win if your eye has been caught by a wager at 10/1! The fantastic thing is that exercising your wager at 10/1 is a comparatively simple procedure and that the maths stay the same regardless of what currency you are using.
The first number (10) is the quantity you’ll acquire from wagering the next number (1). You spend, you will acquire 10 back.
For example, a #1 winning bet at 10/1 will payout #10 (along with your #1 stake is returned). If you raise the bet to #2 you will get #20 back (plus #2 stake). So on it goes, basically multiplying the number by the amount you wager.
10/1 is a good return on a wager and depending upon your stake in case it comes in, you are laughing. The game you gamble on is also very important. If you bet on American Football and rear the New England Patriots at 10/1 to win the Super Bowl then you are getting a nice wager since they have such a fantastic chance of winning it again.
If however, you back a horse at a very large field of runners, the chances of you winning are a lot less 10/1 is not so great. Again, it entirely depends upon the sport and who you’re backing.
Payout odds do so we’ll assume for the purposes of this piece that it is a quarter odds, vary. If a’Location’ or”Each-way’ option can be found on your bet that means you could still receive a return if your horse/team/player does not triumph but rather finishes in 2nd, 3rd or even 4th location. So a bet that is # 1 will now become #2. That is becuase you’re placing #1 to the Win and another #1 on the Place.
If your team/player/horse wins you’ll get your #10 (Win wager ) + #1 (Stake) + #2.50 (Set bet at 1/4 odds) + #1 (Stake) so you are likely to wind up with #14.50 in your pocket. If they do not win, you’ll only return #2.50 (Position bet at 1/4 chances ) + #1 (Stake) = #3.50.
So there you have it, 10/1 explained in easy terms. I have added a payout guide below to get some common bets. However, you can use our wager calculator to work out stake combinations and odds.
Read more here: http://www.huntinglegends.com//?p=5029