Fixed Odds

Fixed odds bets are the simplest and most common type of bet. They are 'fixed' because at the time of placing your bet the potential amount that can be won or lost is decided, according to the odds that you accept for that bet.

For example, let's say you want to place a stake of £10 on Arsenal to beat Chelsea at odds of 2/1. There are the only 2 outcomes for this bet…

*If Arsenal don't win you lose your £10 stake.

*If Arsenal win, your bet is a winner and you will win £30. £20 of this is profit, and £10 is your stake returned.

This is calculated like so: Odds x Stake = Profit, Profit + Stake = Total Returns. For the above bet this would be: 2/1 = 2, 2 x £10 = £20. £20 + £10 = £30.