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Free Horse Racing Tips Guide To Fractions And Decimal Pricing |
| Traditionally odds and prices for horse racing are quoted in fractions (5/1 etc). With the popularity of Betfair though decimal pricing has come to the forefront and could arguably be said to be the norm. As time goes fractional pricing will get less and decimal pricing will take over. The good thing is most websites give you the option to go decimal as it is easier to work out the exact price changes. It can be difficult to convert frational prices to decimals, especially when you need to work out at a glance whether the price is going out or in, especially if they are odds on. There are tricks and tips that you can do to easier see the movement of prices. You must remember that the first number of the price is the returns and the number after the slash is the amount of stake required to win that return. For example: 6/4 - If you want to win £6 then you must stake £4. If your horse wins then you will be returned your stake of £4 and your £6 winnings giving you an £10 return. If you wanted to win £18 then you must put £12 on (3x4). 8/11 - If you want to win £8 then you must stake £11. If your horse wins you will be returned your stake of £11 and your £8 winnings giving you a £19 return. If you wanted to win £32 then you must put £44 on (4x11). 15/1 - If you want to win £15 then you need to bet £1. 2/5 - If you want to win £2 then you must stake £5. If your horse wins then you will be returned your stake of £5 and your £2 winnings giving you a £7 return. If you wanted to win £20 then you must stake £50 on (5x10). Prices Going Up or Down When you view different price changes on the screen it can tricky to see whether the price is getting bigger or smaller. The simplest thing to do is to find a common denominator between them so you can see if the price is going down or up. For example: No 1 WhoAreYa the prices are: 6/4 13/8 7/4 15/8 The last price 15/8 is the current price. These prices have a common denominator on the right hand side of the price, you can see that they end in 4 or 8. If you times the 7/4 and the 6/4 by two, this will give you a row of prices that all end in 8, and the prices will show you which way they are going. 6/4 becomes 12/8 7/4 becomes 14/8 then them put back in the row of prices No 1 WhoAreYa. 12/8 13/8 14/8 15/8 You can now see that the prices are now going out and getting bigger (ie it is moving in your favour). Here is another example with prices that end with 1 or 2. No 1 WhoAreYa. 9/2 4/1 7/2 3/1 5/2 These prices have a common denominator on the right hand side of the price. You can see that they end in 2 or 1. If you times the 4/1 and the 3/1 by two, this will give you a row of prices that all end in 2, and the prices will show you which way they are going. 4/1 becomes 8/2 3/1 becomes 6/2 No 1 Red Rum. 9/2 8/2 7/2 6/2 5/2 The prices are getting smaller. Now here is one with three different right hand numbers No 1 WhoAreYa. 11/4 5/2 9/4 2/1 7/4 These prices have a common denominator on the right hand side of the price. You can hopefully see that they end in 4, 2 or 1. If you multiply the 5/2 by two, and the 2/1 by 4, this will give you a row of prices that all end in 4, and the prices will show you which way they are going. 5/2 x2 becomes 10/4 2/1 x4 becomes 8/4 No 1 WhoAreYa. 11/4 10/4 9/4 8/4 7/4 So you can see that the price is going 'in' and getting shorter. When a price is 'odds on' this tell you that you have to bet more money to place the wager than you can actually win. This therefore makes it more difficult to find a common denominator, but on a basic level, if its odds on, when the price goes in, the increments are small. Only when betting in large amounts does it make a significant difference. Sometimes when the betting moves you can get all kinds of prices, but even if you can work out some of them you will have an idea of whether it is going up or down. The next part shows you what each price returns for a pound- 1/8 - 1.12 2/15 - 1.13 1/7 - 1-14 2/13 - 1.15 1/6 - 1.16 2-11 - 1.18 1/5 - 1.20 2/9 - 1.22 1/4 - 1.25 2/7 - 1.28 3/10 - 1.30 5/16 - 1.31 13/40 - 1.32 1/3 - 1.33 4/11 - 1.36 15/40 - 1.37 2/5 - 1.40 13/32 - 1.41 7/16 - 1.43 4/9 - 1.44 15/32 - 1.46 1/2 - 1.50 8/15 - 1.53 4/7 - 1.57 3/5 - 1.60 8/13 - 1.61 5/8 - 1.62 4/6 - 1.67 8/11 - 1.72 3/4 - 1.75 4/5 - 1.80 5/6 - 1.83 7/8 - 1.87 10/11 - 1.91 EVENS - 2.00 11/10 - 2.10 9/8 - 2.12 6/5 - 2.20 5/4 - 2.25 23/10 - 2.30 11/8 - 2.37 7/5 - 2.40 6/4 - 2.50 8/5 - 2.60 13/8 - 2.62 7/4 - 2.75 9/5 - 2.80 15/8 - 2.88 19/10 - 2.90 2/1 - 3.00 21/10 - 3.10 85/40 - 3.12 11/5 - 3.20 9/4 - 3.25 12/5 - 3.40 5/2 - 3.50 13/5 - 3.60 11/4 - 3.75 14/5 - 3.80 3/1 - 4.00 16/5 - 4.20 10/3 - 4.33 7/2 - 4.50 18/5 - 4.60 4/1 - 5.00 9/2 - 5.50 5/1 - 6.00 11/2 - 6.50 6/1 - 7.00 13/2 - 7.50 8/1 - 9.00 17/2 - 9.50 9/1 - 10.00 We hope you can see that using the above list is real easy. If you make a winning £1 bet at 18/5 you will get back £4.60. If you place a winning £1 bet at 5/8 you will get back £1.62. See simple! These are the most common prices used, with the place odds included in between |
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