You need to know how much you might win if your attention has been caught by a bet at 10/1! The good thing is that working out your wager at 10/1 is a relatively straightforward process and the maths stay the same no matter what currency you’re using.
The first number (10) is the amount you’ll acquire from wagering the next number (1). You spend, you’ll acquire 10 back.
For example, a #1 winning wager at 10/1 will payout #10 (plus your #1 bet is returned). If you raise the bet to #2 you will get #20 back (and #2 bet ). And so on it goes multiplying the first number.
10/1 is a solid return on a wager and based on your stake in case it comes in, you are laughing. The sport you bet on is also very important. Should you gamble on American Soccer and rear the New England Patriots at 10/1 to win the Super Bowl then you’re getting a decent bet since they have such a good chance of winning it .
If however, you back a horse at a really large area of runners, the odds of you winning are a lot less 10/1 is not so great. Again, it entirely depends upon the sport and that you are backing.
Payout odds do so we will assume for the purposes of this piece that it’s a quarter chances, fluctuate. If a’Location’ or’Each-way’ option is available in your bet that means you could still receive a return even if your horse/team/player does not triumph but rather finishes in 2nd, 3rd or even 4th place. So a wager that is # 1 will now become #2. That’s becuase you are placing #1 to the Win and another #1 on the area.
In case your team/player/horse wins you’ll receive your #10 (Win bet) + #1 (Stake) + #2.50 (Set bet at 1/4 chances ) + #1 (Stake) so you will end up using #14.50 in your pocket. If they don’t 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 simple terms. I’ve included a payout guide below to get some bets. But, you can also use our online bet calculator to work out other odds and bet combinations.
Read more here: http://www.huntinglegends.com//?p=5029