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You need to know how much you might win if your eye has been caught by a wager at 10/1! The fantastic thing is that working out your bet at 10/1 is a relatively straightforward procedure and that the maths remain the same no matter what currency you’re using.
The first number (10) is the quantity you’ll acquire from wagering the next number (1). You spend, you will win 10 back.
For instance, a #1 winning wager in 10/1 will payout #10 (plus your #1 bet is returned). If you increase the stake to #2 you will get #20 back (and #2 bet ). And so on it goes, basically multiplying the first number by the amount you wager.
10/1 is a return on a wager and depending on your bet if it comes in, you’re laughing. The game you bet on is also very important. If you gamble on American Soccer and back the New England Patriots at 10/1 to win the Super Bowl then you are getting a nice wager because they have such a fantastic chance of winning it again.
If you back a horse in a very large field of runners, the odds of you winning are a good deal less so 10/1 is not so terrific. Again, it completely depends on the sport and that you are backing.
Payout odds do so we’ll assume for the purposes of this piece that it’s a quarter chances, fluctuate. If a’Place’ or”Each-way’ option is available on your bet so you could still receive a return if your horse/team/player doesn’t win but instead finishes in 2nd, 3rd or even 4th location. So a #1 bet will now become #2. That is becuase you are putting #1 on the Win and yet another #1 on the Place.
In case your team/player/horse wins you’ll receive your #10 (Win wager ) + #1 (Stake) + #2.50 (Place bet at 1/4 odds) + #1 (Stake) so you are likely to wind up with #14.50 in your pocket. If they don’t win, you will only get back #2.50 (Position bet at 1/4 odds) + #1 (Stake) = #3.50.
So there you have it, 10/1 explained in easy terms. I have added a payout manual below for some shared bets placed at 10/1. You could also use our bet calculator to work out bet combinations and additional odds.

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