Betting odds have always been a foreign language but this could make it worse for traditionalists. I've just been reading about decimalised betting and it suggests that the figure shown represents the total return not just the profit margin. So 7/2 would equate to 4.50 (£3.50 plus the original £1 stake). What's the betting?!
2 comments:
Hi Dave,
Betting odds have always been a foreign language but this could make it worse for traditionalists. I've just been reading about decimalised betting and it suggests that the figure shown represents the total return not just the profit margin. So 7/2 would equate to 4.50 (£3.50 plus the original £1 stake). What's the betting?!
Like Derrick, I never really understood the betting odds - perhaps because I'm rather mathematically challenged!
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