Fractional odds have been used in bookmaking primarily in the
United Kingdom. They have been more or less replaced by decimal
odds in recent years, but a lot of bookmakers and bettors still
prefer this format. Although this odds format is often
considered more complicated than the decimal or moneyline
format, the calculations required for working out potential
profits and payouts is actually reasonably straightforward.
39,879.6: 17,989: Match 2 + PB: $7: 1 in 701: 7,441: 895,097: 25,710.7: 14,849: Match 1 + PB: $4: 1 in 92: 60,368: 6,343,237: 180,737.0: 114,147: Match 0 + PB: $4: 1 in 38: 0: 14,595,721: 404,120.4: 280,748: The overall odds of winning a Powerball prize are approximately 1 in 24.9. The odds are higher for a buy bet. 2:1 on a 4 or 10 buy, 3:2 for a 5 or 9, or 6:5 for a 6 or 8. Player pays 5% “vigorish” to get true odds on all numbers. Depending on how much you bet, buying a bet can make you more money in the end even after accounting for the ‘vig’. Betting odds represent the probability of an event to happen and therefore enable you to work out how much money you will win if your bet wins. As an example, with odds of 4/1, for every £1 you bet, you will win £4. There is a 20% chance of this happening, calculated by 1 / (4 + 1) = 0.20.
We provide the necessary calculations on this page, along
with some examples to highlight how it works in practice. We
also include a chart listing some of the more commonly-used
fractional odds, with the associated profits and payouts.
Calculation Required
The calculation you need to know to work out the potential
profit of a wager using fractional odds is as follows:
For the total potential payout, you just add your initial
stake to the potential profit.
Using this Calculation
The two examples below show how this calculation works.
4/6 Odds Payout
Fractional Odds Payout Chart
4 6 Odds Payout Odds
4/6 Odds Payout 55 000
What Do Odds 4/6 Mean
The following chart shows some of the most frequently used
fractional odds, along with their respective profits and total
payouts based on a $10 stake.
What Does 5/4 Odds Pay
| Odds | Potential Profit | Potential Payout | Odds | Potential Profit | Potential Payout |
|---|---|---|---|---|---|
| 1/1 (Evens) | $10.00 | $20.00 | 10/11 | $9.09 | $19.09 |
| 11/10 | $11.00 | $21.00 | 4/5 | $8.00 | $18.00 |
| 5/4 | $12.50 | $22.50 | 8/11 | $7.27 | $16.27 |
| 6/4 | $15.00 | $25.00 | 4/6 | $6.67 | $16.67 |
| 7/4 | $17.50 | $27.50 | 5/8 | $6.25 | $16.25 |
| 2/1 | $20.00 | $30.00 | 4/7 | $5.71 | $15.71 |
| 5/2 | $25.00 | $35.00 | 1/2 | $5.00 | $15.00 |
| 11/4 | $27/50 | $37/50 | 4/9 | $4.44 | $14.44 |
| 7/2 | $35.00 | $45.00 | 2/5 | $4.00 | $14.00 |
| 10/1 | $100.00 | $110.00 | 1/3 | $3.33 | $13.33 |