Do You Get Your Stake Back On A Bet

It depends on the bet, but usually you get the stake back. You should know the difference between “to” and “for” when discussing odds. Whenever the odds are stated as “to” this means that in addition to the stated payoff you also receive your original bet back. New customers only. Place a racing bet of minimum £10 with odds 2/5 (1.40) or greater. If your bet loses, you will receive your stake back up to a maximum of £40. You must wager 3x your bonus. Only bets with odds of 2/5 (1.40) or greater will count. Only bets settled within the bonus validity period of 60 days will count. When you see a bet that says 2/1, this means if you bet £1 and win, you will make £2 profit. On winning bets, you also get your original stake back (in this case, £1) so you would receive £3.00 in total. When the suggested stake is no longer £1, it can get more complicated but you’ll soon get used to it. How to fix an Unmatched Bet. Fixing completely unmatched bets - where nothing has been matched yet and your entire stake is still waiting to be matched - is very straight forward. All it means is that the odds have changed and you weren't able to get the lay bet on at the original price.

Welcome to the start of our Basic Learning Tutorial. Here, you’ll learn all of the Betfair essentials needed to place your first bet on the Exchange. When you feel like you have the topic covered, simply click next at the bottom/side of the page.

Back betting is what you would likely have done with any bookmaker, such as TAB or Sportsbet, and is essentially the punters’ traditional style of betting. Back betting is betting on an outcome to happen.

An example is if you place a Back bet on a horse in the Melbourne Cup, you are betting on that horse to win the race. If it doesn’t come first, you will lose your stake. If your horse places first, you win. You will pay a small commission on all winning bets.

Below are the three main formats used for expressing betting odds.

• Decimal
• Moneyline (or American)
• Fractional

Most likely, you’ll come across all of these formats when playing online. Some sites let you choose your format, but some don’t. This is why knowing all of them is extremely beneficial.

This is the format most commonly used by betting sites, with the possible exception of sites that have a predominantly American customer base. This is probably because it is the simplest of the three formats. Decimal odds, which are usually displayed using two decimal places, show exactly how much a winning wager will return per unit staked.

Here are some examples. Remember, the total return includes the initial stake.

The calculation required to work out the potential return when using decimal odds is very simple.

In order to work out the potential profit just subtract one from the odds.

Do You Get Your Stake Back On A Bet Money

Using the decimal format is as easy as that, which is why most betting sites stick with it. Note that 2.00 is the equivalent of even money. Anything higher than 2.00 is odds against, and anything lower is odds on.

Moneyline odds, also known as American odds, are used primarily in the United States. Yes, the United States always has to be different. Surprise, surprise. This format of odds is a little more complicated to understand, but you’ll catch on in no time.

Moneyline odds can be either positive (the relevant number will be preceded by a + sign) or negative (the relevant number will be preceded by a – sign).

Positive moneyline odds show how much profit a winning bet of $100 would make. So if you saw odds of +150 you would know that a $100 wager could win you $150. In addition to that, you’d also get your stake back, for a total return of $250. Here are some more examples, showing the total potential return.

Negative moneyline odds show how much you need to bet to make a $100 profit. So if you saw odds of -120 you would know that a wager of $120 could win you $100. Again you would get your stake back, for a total return of $220. To further clarify this concept, look at these additional examples.

The easiest way to calculate potential returns from moneyline odds is to use the following formula when they are positive.

If you want to know the total potential return, simply add your stake to the result.

For negative moneyline odds, the following formula is required.

Again, simply add your stake to the result for the total potential return.

Note: the equivalent of even money in this format is +100. When a wager is odds against, positive numbers are used. When a wager is odds on, negative numbers are used.

Fractional odds are most commonly used in the United Kingdom, where they are used by bookmaking shops and on course bookies at horse racing tracks. This format is slowly being replaced by the decimal format though.

Here are some simple examples of fractional odds.

• 2/1 (which is said to as two to one)
• 10/1 (ten to one)
• 10/1 (ten to one)

And now some slightly more complicated examples.

• 7/4 (seven to four)
• 5/2 (five to two)
• 15/8 (fifteen to eight)

These examples are all odds against. The following are some examples of odds on.

• 1/2 (two to one on)
• 10/11 (eleven to ten on)
• 4/6 (six to four on)

Note that even money is technically expressed as 1/1, but is typically referred to simply as “evens.”

Working out returns can be overwhelming at first, but don’t worry. You WILL master this process with enough practice. Each fraction shows how much profit you stand to make on a winning wager, but it’s up to you to add in your initial stake.

Do You Get Your Stake Back On A Each Way Bet

The following calculation is used, where “a” is the first number in the fraction and “b” is the second.

Do You Get Your Stake Back On A Beta

Some people prefer to convert fractional odds into decimal odds before calculating payouts. To do this you just divide the first number by the second number and add one. So 5/2 in decimal odds would be 3.5,6/1 would be 7.0 and so on.