Rugby union betting odds in 2026: how prices are built and where British punters can bet

Updated October 2026

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Rugby union sits in a strange place in British betting. It is not a shop-window sport the way football is, and it is not the in-play giant that tennis has become, but it carries a World Cup every four years and a Six Nations every spring, and the licensed bookmakers run dedicated markets for both. The odds on those markets work the same way odds on anything work: each price already contains a slice for the bookmaker, and the size of that slice determines how the page reads. What follows is what those numbers mean for a punter in Great Britain, which operators hold a Gambling Commission licence to take bets on rugby union, and what the terms behind each welcome offer actually ask the customer to do. The numbers and licence details are current as of 26 October 2026 and were checked against the Gambling Commission’s public register.

How rugby union betting is regulated in Great Britain

No statute lists the sports an operator may take bets on. A bookmaker that wants to take bets from customers in Great Britain needs a Gambling Commission licence, and the Commission’s public register is the test of who holds one. The framework sits on two statutes: the Gambling Act 2005, which applies in Great Britain, and the Gambling (Licensing and Advertising) Act 2014, which closed the route for an overseas operator to serve British customers on a home licence alone. The Commission is the regulator; advertising is policed separately by the Advertising Standards Authority under the CAP Code.

Why the licence matters for a rugby union punter

A licence is not a quality mark; it is the entry to a regime. The Licence Conditions and Codes of Practice are binding on the operator, and several of the rules a punter meets at the betting slip come from there rather than from the operator’s own terms. Minimum age is 18, and name, address and date of birth must be verified before the first deposit (since 7 May 2019), even when the bet is a free one. Financial spread betting is regulated by the Financial Conduct Authority, not the Commission — relevant where a brand offers both fixed odds and spread markets, since losses on the spread side can exceed the deposit.

What an operator may and may not offer

A remote general betting standard (real events) licence covers rugby union. The category for betting exchanges is separate: a remote betting intermediary licence. In-play betting is offered by GB bookmakers; the controls sit in the operator’s licence conditions and customer-protection duties rather than in statute. The Commission has not published a permitted-markets list, and there is no statutory cap on stakes in sports betting — operators set their own maximums and may restrict individual customers.

Where this leaves an unlicensed brand

A brand served from outside the GB regime is not licensed to take bets in Great Britain. Providing those facilities without a Commission licence is an offence aimed at the operator, not the customer, and enforcement runs through disruption rather than blocking: cease-and-desist notices, payment-provider referrals, registrar work, and court-order DNS powers the Commission has or is about to receive. A punter using an unlicensed site has no GAMSTOP coverage, no Commission complaints route and no approved dispute-resolution service, and the operator is not bound by the 10x bonus cap or the £150 vulnerability check. Funds withheld at an unlicensed brand stay hard to recover.

Safer gambling around rugby union betting

The Commission has built a layered set of protections, and several bite specifically at the rugby union calendar — the Six Nations in February and March, the summer tours, and the Rugby World Cup window, when a casual punter’s spend can climb quickly.

GAMSTOP and the multi-operator self-exclusion

Every online operator licensed in Great Britain takes part in GAMSTOP, the national multi-operator exclusion scheme that has been a mandatory licence condition for online betting since 31 March 2020. A customer can exclude themselves for six months, one year, five years, or five years with auto-renewal, and after the minimum period the exclusion stays in place for a further seven years unless the customer asks GAMSTOP to remove it. The scheme covers online sites and apps; betting shops use a separate offline service.

Deposit limits and vulnerability checks

Operators must offer a gross deposit limit on a fixed time frame. The first changes have applied since 31 October 2025; a second phase has been postponed to 30 September 2026 and whether it is live has not been confirmed. Beyond the customer’s own limit, a financial vulnerability check applies where deposits net of withdrawals exceed £150 in a rolling 30 days (since 28 February 2025), and it is a public-record check rather than an income or credit-reference check — bankruptcy or county-court judgments are examples of what surfaces. Financial risk assessments have been announced in a staged plan but with no start date, so the working phrase is “announced, staged, no start date” rather than “in force”. There is no state-set ceiling: limits are the customer’s choice, applied at the operator.

Where the help sits

GamCare runs the National Gambling Helpline. GambleAware funds treatment and education. The NHS runs gambling clinics in several English regions. Gamblers Anonymous runs mutual-aid meetings. Each licensed operator’s safer-gambling page links to these services directly, and a punter who wants a single off-platform route can self-exclude through GAMSTOP once and have it cover every licensed site at once.

Rugby union bonuses and free bets — what an offer really costs

Welcome offers and free bets at licensed bookmakers follow the same template: a headline figure, a minimum deposit, a qualifying bet, and a small print that decides whether the offer is worth anything in practice. The 10x cap on wagering requirements (in force since 19 January 2026) puts a ceiling on how heavy the rollover can be, and the ban on mixed-product promotions rules out the older “bet on rugby union to get free spins” construction.

How to read a rugby union welcome offer

A free bet whose stake is not returned with a win is the common shape — the punter keeps the winnings, not the stake. An example paid at decimal 5.00 (fractional 4/1) on a £10 free bet returns £40 in profit, not £50. A risk-free bet that refunds a loser as a free bet is not a refund in cash. A price boost is a one-off higher price on a named selection. Acca insurance refunds a stake if one leg of a multiple lets the bet down. Cashback returns a slice of net losses over a window. Each structure carries its own limit on winnings, its own minimum odds for the qualifying bet, and its own deadline — read each before staking.

What most terms reduce to

For an accumulator-style welcome, the qualifying bet is usually £10 at minimum combined odds of 4/1 (5.00 decimal) or greater, settled within seven days, with a free-bet ceiling around £30. The free bet itself then carries its own minimum-odds rule and an expiry measured in days. The arithmetic that decides whether the offer is worth claiming is straightforward once the terms are to hand: a free bet of face value F at decimal odds D returns on average F × (D − 1) ÷ D × (the market’s payout share) — which is what it is worth on average, never what a single bet wins.

A worked example using market margin

Take a £10 free bet on a two-way market priced 1.90 / 1.90 (about 9/10). The payout share of that market is 1 ÷ (1/1.90 + 1/1.90) = 0.95, so the bookmaker’s margin is 5%. The expected return from the free bet, treating the two outcomes as equally likely, is £10 × 0.5 × (1.90 − 1) = £4.50, and after the margin is paid the average settles at £10 × (1.90 − 1) ÷ 1.90 × 0.95 = £4.50 — the same number. The headline £10 is not what the offer hands the punter; £4.50 is roughly what an averaged-out free bet at that price returns, before any minimum-odds rule or expiry applies.

Live rugby union betting and cash out

In-play betting is now standard on rugby union at licensed bookmakers. Markets suspend after a try, a sin-bin or a stoppage in play, then re-open at adjusted prices; cash out lets the punter close a position mid-match at a price the bookmaker quotes.

How in-play prices move on rugby union

A try is worth five points and a conversion two, so the scoreboard can swing by seven points in a single passage of play. The bookmaker’s algorithm will halt markets the moment a try looks likely, take the score change into account, and re-open at a tighter price once play resumes. Penalty markets move in smaller steps — three points at a time — and the market for the next score, the next scoring method, and total points tend to be the busiest during a match. The market depth at a tier-two international is thinner than at a Six Nations fixture, which means prices move further on each piece of news and the suspend-then-reprice cycle runs longer.

Cash out, partial cash out and Bet Builder

Cash out is offered on singles and most multiples, subject to the market still being available in-play. Where the bookmaker offers Bet Builder, several markets from one match can be combined into a single price — first try-scorer and winning margin, for instance — and the new line settles on the combined outcome. Partial cash out lets the punter take a fraction of the quoted value and leave the rest running. Each feature is offered at the operator’s discretion, and a brand that runs deep in-play on football may still treat rugby union as a smaller market.

What the punter pays for the convenience

Cash out and Bet Builder widen the things a punter can bet on in a single match. The cost is the bookmaker’s margin on each leg, compounded when several legs are combined, and on a Bet Builder the in-built margin is usually wider than the equivalent singles. A punter who wants to use both should keep the selections to matches with deep liquidity (Six Nations, the Rugby World Cup) where prices have been sharpened by volume.

Rugby union predictions and strategy — what a tip really is

Pages selling “free rugby union betting tips” cluster around the Six Nations, the autumn internationals and the World Cup. The odds they quote are the same odds on the bookmaker’s site; the tip itself is a forecast, not a price. The job of the punter is to decide whether the forecast is worth the price.

The bankroll frame

A bankroll is the amount set aside for betting, and a stake is a share of that bankroll measured in units rather than pounds. A 1% bankroll stake on a £500 bankroll is £5; the same stake on a £200 bankroll is £2. The point of the unit is to make staking decisions independent of how the bankroll has moved — a winning streak does not justify a 10% stake, and a losing streak does not justify chasing. Disciplined staking produces more betting slips and fewer surprises than staking by feel.

Tipsters, predictions and where the value sits

A tipster’s edge lives in the difference between the true probability of an outcome and the implied probability in the odds. On a market priced 2.00 (evens), the bookmaker’s implied probability is 50% before margin; if the tipster’s model puts the true probability at 55%, the price is worth taking. Where the tipster’s edge is small and the bookmaker’s margin is large, the bet is not worth placing — the margin eats the edge. A tip that runs at the start of a long tournament is worth checking against the model’s record rather than the headline.

Why singles beat accumulators over time

The odds on a six-leg accumulator multiply together, and so does the margin on each leg. A 5% margin on each of six legs is roughly 26.5% over the book on the combined bet, against 5% on a single selection from the same match. Accumulators are fun and the payout at long odds is real, but the expected return is lower per unit staked and the bankroll wears down faster. Most experienced rugby union punters stake a small share of the bankroll on accumulators and a larger share on singles where they have an edge.

Rugby union bet types and odds

The odds quoted on a rugby union fixture depend on the market. Match-result (home/draw/away; in the Six Nations, win/loss — draw applies at the World Cup group stage and in some knockout formats), handicap, total points, first try-scorer and outright tournament winner are the standards. Each market carries its own margin.

Match result, handicap and total points

The 1X2 margin at a Six Nations fixture is typically 5% to 7%, tighter than at a Currie Cup match where the book has less liquidity. Handicap lines are quoted in points — a -7.5 handicap means the favourite must win by eight or more — and the margin on a handicap line is often wider than on the 1X2 because the bookmaker is pricing a moving target. Total points over/under moves in half-point increments and behaves like a totals market in any sport; the margin tends to sit between 5% and 8%.

Outright and each-way

Outright markets on the Six Nations, the World Cup and the southern-hemisphere national competitions run for weeks, and prices drift as the form picture sharpens. An each-way bet is two bets of equal stake — one on the selection to win, one on the selection to place — so the stake doubles and the place terms depend on the field size. On a 16-team Rugby World Cup the place terms typically pay a quarter of the win odds for the four semi-finalists; on a Six Nations they settle on three places at a third of the odds. The bookmaker’s rules page states the place terms for each outright market.

Odds formats and conversion

Fractional odds of 5/1 (a-b in the table) convert to decimal odds of a ÷ b + 1 = 6.00. Decimal odds of 6.00 mean a winning £10 stake returns £60, of which £50 is profit and £10 is the returned stake. Odds-on prices — shorter than 1/1 or 2.00 decimal — mean the selection is the favourite; odds-against prices — longer than 1/1 — mean the selection is the underdog. The bookmaker’s margin is embedded in every price and is not separately listed; to see it, add the implied probabilities of all outcomes in a market together and subtract from 1.

A worked margin calculation

Take the same illustrative two-way market at 1.90 / 1.90 (decimal, about 9/10) used earlier. The implied probability of each outcome, ignoring margin, is 1 ÷ 1.90 = 0.5263. Add the two together to get 1.0526. The 0.0526 over 1 is the overround — a 5.26% margin on the book, in round figures 5%. The punter’s expected return on a £10 stake at those prices, treating the two outcomes as a fair coin flip, is the stake times the payout share of 0.95, plus the stake itself, or £19 — a 5% haircut from the £20 a perfectly fair market would return. Real prices in real markets vary by fixture and by bookmaker; the shape of the calculation does not.

Sports and tournaments — what the calendar looks like

Rugby union runs in seasons rather than years, and the names of those seasons matter. The 2025/26 northern-hemisphere season runs from autumn internationals through the Six Nations and into the summer; the southern-hemisphere competitions run on a calendar-year basis. The Rugby World Cup sits outside both — the 2027 Rugby World Cup is hosted by Australia from 1 October to 13 November 2027, and South Africa are the defending champions after the 2023 final.

The Six Nations and the autumn internationals

The Six Nations runs across February and March each year, with England, Scotland, Wales, Ireland, France and Italy competing. England and Ireland tend to set the odds at the top of the market, and the Calcutta Cup match between England and Scotland is the busiest betting match on the calendar outside the World Cup. Autumn internationals in November pair northern-hemisphere sides against southern-hemisphere visitors — New Zealand, Australia, South Africa, Argentina — and the prices for those matches reflect form lines that have moved through the southern-hemisphere season.

The southern-hemisphere competitions

The Rugby Championship runs between Australia, New Zealand, South Africa and Argentina across August, September and October each year. Super Rugby runs from late February through to a final in June, with teams from New Zealand, Australia, South Africa, Argentina, Japan and the Pacific Islands. The NPC in New Zealand and the Currie Cup in South Africa sit beneath those competitions but still draw outright markets at most licensed bookmakers. Tier-two international rugby and the sevens circuit have thinner markets and wider margins.

The Rugby World Cup and the Lions tours

The Rugby World Cup is the biggest outright market in the sport. The 2027 tournament in Australia runs from 1 October to 13 November 2027 with 24 teams in six pools of four and 52 matches. New Zealand won the inaugural World Cup in 1987 in Australia and New Zealand; the 2023 final in France was won by South Africa against New Zealand. The British and Irish Lions tours — every four years between World Cups — pair the home unions against New Zealand, Australia or South Africa, and outright odds on the series winner run for two years before the first test.

What a punter watches in the calendar

A World Cup year compresses the season into a six-week window and pushes prices wider early as form is uncertain. A Lions year overlaps the southern-hemisphere schedule and runs a longer outright market. In non-tournament years the Six Nations and the autumn internationals do the heavy lifting for outright interest, and most of the season’s in-play volume sits on those matches. The market depth on a Currie Cup fixture is a fraction of the depth on an England–Ireland Six Nations match, and the price moves with less information.

The 10 brands — what each one offers rugby union punters

The 10 brands below are operators on the Gambling Commission’s public register with a remote general betting standard (real events) licence for Great Britain. Each is reviewed on the same fields, in the order the plan sets. The licence lines come from the Commission’s public register; the welcome-offer terms come from each operator’s own site or app listing. Rugby union markets are offered by every brand reviewed; the depth varies.

Tote — pool-led, Tote-style pricing

Tote is run by TDCO Limited under Commission account 54779. The brand has its roots in pool betting on British horse racing, and the Tote product sits beside fixed-odds markets on rugby union and other sports. Where Tote prices differ from fixed-odds bookmakers is on horse and dog racing, where the dividend is set after the race; on rugby union the odds behave like those at any fixed-odds bookmaker. The brand runs on a smaller product set than the larger multi-vertical bookmakers, and in-play rugby union markets exist but are not the deepest.

For a punter who wants a licensed British pool-led brand on the slip beside a rugby union fixture, Tote fits. For a punter whose week runs on in-play rugby and live streaming, the brand’s smaller in-play product is the trade-off.

Hollywoodbets — international bookmaker with a sports welcome

Hollywoodbets is operated by Hollywoodbets International UK Limited under Commission account 53028. The sports welcome offer paid back the first qualifying losing accumulator as a free bet of up to £30 on stakes of £10 or more, settled within seven days on an acca with three or more legs at combined odds of 4/1 or greater — one free bet per customer. The brand is rooted in South African racing and carries South African rugby with depth; international rugby and the Six Nations sit on the same site.

For a punter who wants a licensed South-African-rooted brand with a defined sports welcome and rugby union coverage, Hollywoodbets fits. For a punter whose interest sits outside horse racing and rugby union the offer card is the same as at any other licensed bookmaker.

Sporting Index — fixed odds and spread, FCA-regulated

Sporting Index is operated by Sporting Index Limited under Commission account 27343, and the same brand runs financial spread betting under Financial Conduct Authority regulation. The site lets customers switch between fixed odds and spread betting, with in-play betting, Bet Builder on football, auto cash-out and Multi-Markets available. For a rugby union punter the fixed-odds side behaves as at any other bookmaker; the spread side is a different product where losses can exceed deposits, and the FCA’s separate regime applies.

For a punter who wants both fixed-odds and spread betting under one roof and a single sign-up, Sporting Index fits. The spread side is a different risk profile from fixed odds, and the FCA’s protections apply where the FCA regulates.

QuinnBet — best odds guaranteed on racing, sport-focused welcome

QuinnBet is operated by QuinnBet (Gibraltar) Limited under Commission account 61011. The brand applies Best Odds Guaranteed to UK and Irish horse racing bets from 10:00am daily on singles, multiples and system bets, with a maximum benefit of £150 per customer per race. The rugby union product sits beside the racing product rather than dominating it. The brand’s strength is the racing side and the multi-product sports catalogue.

For a racing-led punter who also bets rugby union, QuinnBet fits because the racing infrastructure carries over. The rugby union product is mainstream rather than specialist, and the brand’s value to a rugby-only punter is in the welcome and the in-play breadth rather than anything rugby-specific.

Betboro — modest free-bet welcome on the first qualifying wager

Betboro is operated by Webmedia Development N.V. under Commission account 44181, with a 100% matched free bet of up to £25 on the first qualifying wager. The qualifying conditions are a debit-card deposit of at least £10 and a first bet of £5 to £25 with three or more selections each at 3/5 (1.60) or higher. Rugby union sits inside a wider sports catalogue, and the brand’s strength is its welcome terms being readable in a single page.

For a punter who wants a small matched free bet on a first qualifying wager with clear minimums, Betboro fits. The £25 ceiling on the free bet is modest against the wider market, and the value is in the simplicity rather than the size.

BetGoodwin — Goodwin Racing’s bookmaking arm

BetGoodwin is operated by Goodwin Racing Limited under Commission account 2927, the sports arm of the Goodwin Racing group. The welcome offer is “Bet £10 & Get £15 in Free Bets”, made up of a £5 sports bet, a £5 acca and a £5 Sub-Cover bet. Rugby union sits inside the wider sports product. The brand’s racing roots show in the structure of the welcome — three free bets across sports and racing products rather than a single free bet on a sports accumulator.

For a punter who wants a three-part welcome covering sports and racing and a Goodwin-named licensed brand, BetGoodwin fits. The rugby union product is mainstream rather than specialist, and the welcome rewards breadth over a single sports focus.

Fitzwilliam Sports — capped Dublin membership

Fitzwilliam Sports describes itself as a Dublin bookmaker with capped membership, operated by SBKI Limited under Commission account 48760. The welcome is a “High Stakes Welcome” subject to compliance criteria. The brand runs instant deposits, fast withdrawals, timeouts and deposit limits and links to GambleAware, GAMSTOP and Gamblers Anonymous from its safer-gambling page. Rugby union sits inside a wider sports catalogue.

For a punt er accepted into the capped membership who wants a Dublin-rooted, high-stakes welcome, Fitzwilliam fits. The capped membership is the trade-off — a customer the brand does not accept cannot place a bet — and the high-stakes welcome is gated behind the compliance criteria.

Betfair — exchange and sportsbook under one roof

Betfair Sportsbook is operated by PPB Counterparty Services Limited under Commission account 39439. The brand runs a betting exchange separately from the sportsbook; the exchange’s licence type is a remote betting intermediary licence, distinct from the sportsbook’s general betting standard licence. The app offers in-play betting, Bet Builder, free live streaming of UK and Irish horse racing and football within the app, and a 90 Minute Payout market on football. Rugby union markets sit on the sportsbook side and on the exchange, with different prices on each because the exchange carries customer-to-customer prices.

For a punter who wants the depth of a betting exchange on a rugby union match and the convenience of a sportsbook for the same fixture, Betfair fits. The exchange’s “back and lay” mechanic is a learning curve a customer using only the sportsbook side never encounters.

Bet Ahoy — short welcome, standard licensed product

Bet Ahoy is operated by Bet Ahoy Ltd under Commission account 100094. The welcome offer is “Bet £10 & Get £10 in Free Bets”, made up of a £5 sports bet and a £5 acca. The brand carries rugby union and other sports at standard licensed depth. The product set is mainstream rather than specialist, and the welcome’s structure mirrors BetGoodwin’s in keeping with the multi-product sports catalogue across the segment.

For a punter who wants a small, defined welcome and a licensed brand with mainstream rugby union markets, Bet Ahoy fits. The £10 ceiling on the welcome is modest against the wider market.

Kalooki Sportsbook — acca-led, GAMSTOP member

Kalooki Sportsbook is operated by Kalooki Sports Book Ltd (company number 12938274) under Commission account 57730, and is a GAMSTOP member. The product runs on an acca-heavy catalogue with daily acca boosts and the wider sports product behind it. Rugby union sits inside a deeper-odds acca product than a single-match handicaps product.

For a punter who bets accumulators on rugby union and other sports and wants a licensed acca-focused brand, Kalooki fits. Single-match handicaps and in-play depth sit behind the acca product rather than leading it.

Where this leaves the comparison

Every brand reviewed is licensed by the Gambling Commission for remote general betting standard (real events) betting in Great Britain, and every brand takes part in GAMSTOP. The differentiation is not the licence but the product mix and the welcome terms. A punter whose week runs on best-odds-guaranteed racing should look at QuinnBet first; a punter who wants spread betting on the same licence should look at Sporting Index, knowing the spread side is FCA-regulated and losses can exceed deposits; a punter who bets the exchange should look at Betfair, where the same rugby union fixture runs at customer-to-customer prices distinct from the sportsbook price. A punter whose rugby union interest is the Six Nations and the World Cup will find decent depth on any of the ten brands; a punter whose interest is tier-two international rugby will find thinner markets everywhere.

What an offer costs the punter who claims it

The arithmetic behind a bonus depends on what the bonus is. A cash bonus of £10 at a 10x wagering requirement (the cap from 19 January 2026) requires £100 of qualifying bets at minimum qualifying odds before the bonus converts to withdrawable cash. A free bet of £10 at decimal odds 5.00 on a two-way market with a 5% margin returns roughly £4.50 on average, not £10. An accumulator insurance that refunds a stake if one leg lets the bet down caps the refund at the free bet’s face value, not at the leg’s odds. A price boost raises the headline price and lowers the margin to the punter, on the named selection only.

Worked bonus turnover

Take a £10 cash bonus at the 10x wagering cap. The required turnover is £100. At a £5 stake per qualifying bet, the punter places twenty bets. Each bet must clear the minimum-odds rule stated in the offer — at 3/5 (1.60) on a two-way market or higher, which most rugby union match-result markets will clear. The cost of clearing is the bookmaker’s margin across the twenty bets: 5% on each is roughly £5 in expected loss across £100 of qualifying bets, against the £10 bonus. The net expected value of the bonus, before any minimum-odds restriction or expiry, is positive at a 5% margin.

What that number means for the punter

A £5 expected loss on a £10 bonus means the bonus hands the punter roughly £5 on average before considering the time and the qualifying conditions. The 10x cap is a hard ceiling — higher wagering multipliers on cash bonuses are no longer offered under the LCCP. Free bets sit outside the cap where the cap applies only to wagering requirements, and the value calculation above applies to them. Mixed-product promotions — an offer that requires betting and casino play to clear — are banned.

FAQ

Is rugby union betting legal in the UK?

Yes, for adults aged 18 or over betting with a brand licensed by the Gambling Commission for Great Britain. The Gambling Act 2005 and the Gambling (Licensing and Advertising) Act 2014 set the framework; the Commission’s public register is the test of who holds a licence. Northern Ireland has its own older law and is outside the GB regime.

How does a punter check a bookmaker’s licence?

The Gambling Commission’s public register is searchable by business name, trading name, domain or account number. A match against a remote general betting standard (real events) licence for Great Britain is what confirms the brand holds the right licence. The register lists licence categories separately, so a brand with a casino licence and no general betting standard licence is not licensed for sports betting in Great Britain.

How is a bet’s return calculated from the stake and the odds?

On decimal odds, the return on a winning bet is stake × odds, and the profit is stake × (odds − 1). A £10 stake at 5.00 returns £50, of which £40 is profit. On fractional odds of a/b, the decimal form is a ÷ b + 1, so 5/1 becomes 6.00. Each leg of a combination bet carries its own odds and the legs multiply into one price.

What is a bookmaker’s margin?

The margin is the slice of every unit staked that the bookmaker keeps on average. To see it, convert each price in a market to implied probability (1 ÷ decimal odds), add the implied probabilities of all outcomes, and subtract from 1. On a two-way market at 1.90 / 1.90, the implied probabilities add to about 1.05, so the margin is roughly 5%. The 5% is what a bookmaker with a 5% margin keeps of every £100 staked on the market, before any individual outcome pays out.

Do fractional and decimal odds convert the same way?

Fractional odds of a/b convert to decimal odds of a ÷ b + 1. The 5/1 fractional price becomes 6.00 decimal, the 9/10 fractional price becomes 1.90 decimal, and the evens price (1/1) becomes 2.00. Both forms carry the same information; the punter’s return is stake × decimal odds, of which the stake is returned on a win.

Content created by the «Accumulator» team