You have had a glance at the chances. The 18/1 offer stands out to you. Might it be worth gambling on? How much can you acquire if it comes away? Is 18/1 too much of a longshot? For the answers and much more, simply read on…
I’ll begin by providing you with the easiest way to work out your winnings on a bet of 18/1. It’s basic maths. Take the amount you staked and the bigger odds number and multiply them. So in the event that you put #1, $1 or $1 in an 18/1 and the wager wins you will get back #18, $18 or $18. It doesn’t matter which money you use, the results are the same.
Odds operate in a way that both gives you a chance of winning but also so that bookmakers may make a profit. The smaller the chances, the more probable it is that your bet will win — in theory. The larger the chances, the more improbable your wager will win , in concept.
18/1 is quite middle of the road as well as the chance that the wager will succeed depends upon the game you plan to bet on. And at least it’s not quite as brief as chances of 7/4 which can’t web you very much whatsoever!
If you’re taking a look at a very large horse race like the 2019 Grand National, which has 40 runners, 18/1 are adequate odds. It puts your chosen horse at the framework as a potential winner based on all the information which the bookmakers have. Similarly for golf, or any sport which has a lot of contenders.
But if you are seeing 18/1 in a two person sport like boxing or tennis then it isn’t great. Odds in these forms of sports ought to be much closer if the two players are equally matched.
Instead, if you are looking ahead to a match or a tournament and your preferred player is 18/1 to win , and you know they might go far, then that is a reasonable punt to take.
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