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Best Horse Racing Betting Odds in Comparison 2026

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Positive odds - (100 divided by (the percentage divided by 100)) minus 100 e.g. a probability of 10% = (100 / (10 / 100)) - 100 bet sign up offers betting sites = 900.

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Fraction - (1 divided by (the percentage divided by 100)) minus 1 e.g. a probability of 25% = (1 / (25 / 100)) - 1 = 3 = 3/1. American: Positive odds - (100 divided by (the percentage divided by 100)) minus 100 e.g. a probability of 10% = (100 / (10 / 100)) - 100 = 900.Negative odds - The probability divided by (1 minus (the probability divided by 100)) then multiply by -1 to convert into a negative e.g. a probability of 60% = (60 / (1 - (60/100))) * -1 = -150. Negative odds - The probability divided by (1 minus (the probability divided by 100)) then multiply by -1 to convert into a negative e.g. Positive odds - 1 plus (the american odds divided by 100) e.g.

american odds of 300 = 1 + (300/100) = 4. Negative odds - 1 minus (100 divided by the american odds) e.g. american odds of -300 = 1 - (100/-300) = 1.333. Positive odds - The american odds divided by 100 e.g. american odds of 300 = 300/100 = 3/1. Negative odds - Minus 100 divided by the american odds e.g. american odds of -300 = -100/-300 = 1/3. Add 1 to the fractional representation e.g.

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WILLIAM HILL New: BET €10 GET €40 New Ireland customers using Promo code BB40 only bet a minimum €10 stake (min odds 1.5) and free bets paid as 4 x €10, free bets credited after settlement of first qualifying bet, free bets will expire 7 days after the qualifying bet is placed, payment method/player restrictions apply. 18+ Wagering and T&Cs apply Play Responsibly Commercial Content 18+ Wagering and T&Cs apply Play Responsibly Commercial Content If you're looking to sign up for a new betting account, don't forget to use the latest bet365 bonus code. bet365 accepts new customers from most countries and offers a sports sign up bonus when local law permits. There are 3 methods of stating odds that most bookmakers and websites support. Implied Probability is also useful when evaluating a bet or checking how likely an outcome is.

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Used primarily in the UK and Ireland, fractions quote the potential profit should the bet succeed relative to the stake. For example, if £5 is bet at odds of 2/1 the potential profit is £10 (£5 * 2) and the total returned is £15 (£10 bet free bet offers new customers plus the £5 stake). Decimals quote the potential return should the bet succeed relative to the stake. For example, if £5 is bet at odds of 3 the total returned is £15 (£5 * 3) the potential profit is £10 (£5 * 3 minus the £5 stake). Positive figures: The odds state the winnings on a £100 bet e.g.

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american odds of 110 would win £110 on a £100 bet. Negative figures: The odds state how much must be bet to win £100 profit e.g. american odds of -120 would win £100 on a £120 bet. Odds correlate to probability e.g a 3/1 bet is expected to win one in every 4 attempts. Decimal - 1 divided by the decimal odds, multiplied by 100 to give a percentage e.g. a fractional value of 3/1 = (3/1) + 1 = 4.

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Both the UK Government and bookmakers alike maintain that betting and gambling in the UK should be considered a form of entertainment only and not a trade to make money. NEVER risk what you cannot affort to lose. Squares & Sharps, Suckers & Sharks: Science, Psychology & Philosophy of Gambling by Joseph BuchdahlPeople have been gambling, for money, entertainment, escape and a desire to win, for as long as history itself. However, these are secondary considerations to a craving for a sense of control over uncertainty, a sense that is almost always illusory. To find out why, Joseph Buchdahl explores the science of chance and probability, expectation and utility, the irrationality of human beings, evolutionary perspectives on gambling, luck and skill, the wisdom of crowds and much more besides.

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Read more here.. Order from: Amazon Google Waterstones High Stakes.As an Amazon Associate I earn from qualifying purchases. Football-Data is a free football betting portal providing historical results & odds to help football betting enthusiasts analyse many years of data quickly and efficiently to gain an edge over the bookmaker. Whilst other football results and odds databases do exist, Football-Data is unique in making available computer-ready data in Excel and CSV format for quantitative analysis. Simply download for free the available files, and learn more about how to use the data in Football-Data's free guide to rating systems plus Football-Data's comprehensive betting guide. Positive american odds - The fractional value multiplied by 100 e.g. a fractional odds of 3/1 = (3/1) * 100 = 300.

Negative american odds - Negative 100 divided by the fractional odds e.g.

Bookmaker Places Paid Fraction of Odds Minimum Runners
Bet365 1-2-3-4 1/4 5+
William Hill 1-2-3 1/5 8+
Betfair Sportsbook 1-2-3-4 1/5 5+
Paddy Power 1-2-3-4 1/4 5+

a fractional value of 1/5 = -100 / (1/5) = -500. Subtract 1 from the decimal representation e.g. a decimal value of 3 = 3 - 1 = 2 which is commonly expressed as 2/1. Positive american odds - (The decimal value minus one) multiplied by 100 e.g. Negative american odds - Negative 100 divided by (the decimal odds minus one) e.g.

Bookmaker Football Premier League Horse Racing (Class 1) Tennis (Grand Slam)
Betfair Exchange 100.2% 100.5% 100.3%
Bet365 94.5% 96.8% 95.1%
William Hill 93.8% 96.2% 94.7%
Paddy Power 94.1% 96.5% 95.0%

Betting Calculator - Enter your odds and stake to calculate bet returns for all types of sports wagers.

Outcome Betfair Exchange Bet365
Labour Majority 1/3 2/7
Conservative Majority 12/1 14/1
Hung Parliament 7/2 4/1
Liberal Democrat Majority 500/1 750/1

Supports all major formats including decimal, fraction and american. Dutching Calculator - Odds changed since you placed your last bet? Use this calculator to determine the stakes necessary to guarantee a fixed return regardless of the outcome. Punters comfortable with exchange betting often use this approach as odds fluctuate more frequently.

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Our conclusion - Time to check those horse betting odds

Fraction - 1 divided by (the fractional odds plus 1), multiplied by 100 to give a percentage. fractional odds of 3/1 = (1 / ((3/1) + 1)) * 100 = 25%. American: Positive odds - 100 divided by (the american odds plus 100), multiplied by 100 to give a percentage e.g. american odds of 150 = (100 / (150 + 100)) * 100 = 40%.Negative odds - Firstly multiply the american odds by -1 and use the positive value in the following formula: american odds divided by (the american odds plus 100), multiplied by 100 to give a percentage e.g. american odds of -300 = (300/(300+100)) * 100 = 75%.

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Positive odds - 100 divided by (the american odds plus 100), multiplied by 100 to give a percentage e.g. american odds of 150 = (100 / (150 + 100)) * 100 = 40%. Negative odds - Firstly multiply the american odds by -1 and use the positive value in the following formula: american odds divided by (the american odds plus 100), multiplied by 100 to give a percentage e.g. Decimal - 1 divided by (the percentage divided by 100) e.g. a probability of 50% = 1 / (50 / 100) = 2. Trusted by independent bookmakers and punters to work out returns, you can be sure that the calculations are accurate. PL's most negative fanbases Who tops the list? bet365 Edit Bet Feature Use the bet365 Edit Bet feature to amend your bets Monreal on Arsenal's UCL final chances Can they win the big one? An odds conversion table is a handy tool that simplifies understanding different odds formats—fractional and decimal—along with their implied probabilities.

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My book describes how aspiring sports bettors can use a Monte Carlo simulation to improve the quality, and hopefully profitability, of their betting, unravelling the mystery of probability and variance that lies at its heart. Amazon Google Waterstones High Stakes PriceCheck.As an Amazon Associate I earn from qualifying purchases. Tracking Pinnacle's odds, the sharpest in the industry, allows bettors to make mathematically profitable value bets. The Pinnacle Odds dropper will notify you in real time of Pinnacle's price movements, allowing you to take advantage at other slower bookmakers. Choose from 3 subscription packages and set filters for your favourite betting markets.

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The gold package includes opening odds alerts and a closing line value bet tracker. The methodology follows Football-Data's own Wisdom of the Crowd. Read my analysis of why this is a proven and valid betting methodology. WILLIAM HILL New: BET £10 GET £30 New UK customers using Promo code R30 only bet a minimum €10 stake (min odds 1.5) and free bets paid as 3 x £10, free bets credited after settlement of first qualifying bet, free bets will expire 7 days after the qualifying bet is placed, payment method/player restrictions apply. Affiliate Disclosure:Football-Data's revenues come from losses accrued by customers of banner-advertised bookmakers. While fractional odds are steeped in UK betting traditions, decimal odds, preferred in many other regions, offer a clearer view of potential returns. Grasping these odds is essential for effective risk management and making informed betting decisions. An odds conversion table is a useful piece of formatted data that provides information about a list of the common odds and what they equate to in both the fractional and decimal formats, as well as their implied probability.