Fixed Odds

Fixed odds betting is easy to understand, and lets you know exactly how much you will win should your bet be successful.

Fixed odds betting is the most well known form of betting with a bookmaker, and the easiest to understand. Suppose for example, you are offered odds on 2/1 on an outcome(e.g. a contestant to win a reality TV show, or a football team to win a match). This means for every £1 you bet, you will win £2(and get your £1 stake back) if the outcome happens. Odds of 4/9 would means for every £9 you bet, you get £4 back(plus the £9 stake) if the outcome happens.