You have had a glance at the chances. The 18/1 provide stands out to you. Might it be worth betting on? How much could you acquire if it comes off? Is 18/1 too much of a longshot? For those answers and much more, just read on…
I will start with giving you the easiest way to work out your winnings on a bet of 18/1. It is basic maths. Take the amount you staked and the bigger odds quantity and multiply them. Therefore, in the event that you put #1, $1 or $1 on an 18/1 along with the wager wins you will receive back #18, $18 or $18. It doesn’t matter what currency you use, the outcomes will be the same.
Odds work in a way that both gives you a possibility of winning but also in order that bookmakers may create a profit. The smaller the chances, the more likely it is that your wager will probably win — in theory. The larger the odds, the more improbable your wager will win — again, in theory.
18/1 is quite middle of the road and the chance that the wager will succeed depends entirely on the sport you plan to bet on. And at least it’s not quite as brief as odds of 7/4 which can’t web you very much whatsoever!
If you’re taking a look at a very large horse race such as the 2019 Grand National, which has 40 runners, 18/1 are decent chances. It puts your chosen horse in the framework as a possible winner according to all the information that the bookmakers have. Likewise for golfing, or any sport which has a great deal of contenders.
However, if you’re seeing 18/1 in a two individual sport such as baseball or boxing then it isn’t great. Odds in these types of sports should be much closer if the two players are equally matched.
Instead, if you’re looking ahead of a game or a championship and your chosen player is 18/1 to acquire outright, and you also know they might go way, then that’s a sensible punt to choose.