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The number that follows the negative symbol (the odds) reveals how much to bet for everyR$100 you want to win. For example, as explained above, if the team you're betting has -110 odds, you need to wagerR$110 to winR$100. If your team has -150 odds, you must riskR$150 to winR$100.For example, if you bet NGN 5 on a horse with odds of 5/1 and it wins, you will receive NGN 25 in profit (5 x NGN 5), plus your original NGN 5 bet. One of the advantages of fractional odds is that they can be easily converted to other types of odds, such as decimal odds or American odds.
The number that follows the negative symbol (the odds) reveals how much to bet for everyR$100 you want to win. For example, as explained above, if the team you're betting has -110 odds, you need to wagerR$110 to winR$100. If your team has -150 odds, you must riskR$150 to winR$100.
For example, if you bet NGN 5 on a horse with odds of 5/1 and it wins, you will receive NGN 25 in profit (5 x NGN 5), plus your original NGN 5 bet. One of the advantages of fractional odds is that they can be easily converted to other types of odds, such as decimal odds or American odds.
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