Coral.co.uk Horseracing Odds What does it all mean?
Category: Sports Odds
A day at the races or at Coral.co.uk, especially in the summer, can be a great day out and can prove quite profitable.
But when you’re placing a bet at www.coral.co.uk it helps to know what the odds mean. Most people seem to think that gambling odds are complicated but in reality, on the whole they are very straightforward.
We’ll start with an easy price of 10/1. The number on the left (in this case ten) represents how much you will get if your horse wins with the number on the right (one) telling you for how much you bet. In this example if you bet £1 you will receive £10 back plus your original £1.
Now just because the number on the right is one doesn’t mean you are limited to that UK sportsbetting amount. You could put anything you like on and if you are successful you will receive times ten of that amount.
So in this case stake £10 and win £100 at coral.co.uk. You will often see odds like 15/2 and these are just as easy to work out. Think of it as a simple sum 15 divided by two. So in reality this price is 7.5/1.
Slightly different are odds-on prices that will look like this: 1/10. This is simply the reverse of our first example – for every £10 you bet you will only win £1 back or for every pound you place you win 10p at www.coral.co.uk.
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