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You need to know you could win, if your attention has been caught by a bet at 10/1! The fantastic news is that exercising your bet at 10/1 is a relatively simple procedure and the maths remain the same regardless of what currency you are using.
The first number (10) is the quantity that’ll acquire from wagering the next number (1). So for every #1 or $1 or $1 you spend, you’ll acquire 10 back.
For instance, a #1 winning bet at 10/1 will payout #10 (along with your #1 bet is returned). If you raise the stake to #2 you’ll get #20 back (and #2 stake). And so on it goes, basically multiplying the number by the amount you bet.
10/1 is a return on a wager and depending on your stake in case it comes in, you’re laughing. The game you gamble on is also quite important. If you bet on American Soccer and back the New England Patriots at 10/1 to win the Super Bowl then you’re getting a nice wager because they have such a fantastic prospect of winning it .
If however, you back a horse at a really large field of runners, the chances of you winning are a lot less so 10/1 isn’t so great. Again, it completely depends upon the game and that you’re backing.
Payout odds do so we will assume that it is a quarter odds, fluctuate. If a’Place’ or’Each-way’ option can be found on your bet so you could still receive a return even if your horse/team/player does not win but rather finishes in either 2nd, 3rd or even 4th place. So a #1 wager is now #2. That’s becuase you’re putting #1 to the Win and yet another #1 on the area.
If your team/player/horse wins you’ll get your #10 (Win bet) + #1 (Stake) + #2.50 (Place bet at 1/4 odds) + #1 (Stake) so you will wind up using #14.50 on your pocket. When 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 simple terms. I have added a payout guide below to get some common bets. But, you could use our online bet calculator to work out other odds and stake combinations.

Read more here: http://www.huntinglegends.com//?p=5029