Thread: There are some things in life that make you shudder
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Unread 5 Mar 2005, 08:35   #4
Belgarath The Sorcerer
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Re: There are some things in life that make you shudder
Quote:
Originally Posted by JetLinus
Totally OT, but could someone quickly explain to mean what "odds are 10/11 on something" means. Does that mean if I bet 10 quit on on this event and it actually happens, I'll get 11 back? And in case it doesn't, I'll get nothing back?
And 8/1means then what? Sorry, but I was never really sure...
10/11 is what is known as "odds on", and it means that you'd have to bet £11 to get £10 back. (Plus your stake = £21)

8/1 means that for every £1 you bet, you get £8 back. So if you bet £10 on a horse at odds of 8/1, then you'd come out with £90 (£80 profit plus your stake).
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Yeah.
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