What Does 10/3 odds mean?
The odds of 10/3, in betting terms, mean that for every 3 units you bet, you will win 10 units if your bet is successful.
It’s a way of expressing the likelihood of an event to occur. For example, if you bet £1 at odds of 10/3, you would win £10 if your bet is successful.
If you bet £5, you would win £50, if you bet £10, you would win £100, if you bet £25, you would win £250, if you bet £50, you would win £500, and if you bet £100, you would win £1000.
Understanding 10/3 Odds Payout
The payout for 10/3 odds is calculated by multiplying the amount you bet by the odds. For instance, if you bet £1 at 10/3 odds, your payout (if you win) will be £10.
The payouts for other amounts are as follows: £5 bet would payout £50, £10 bet would payout £100, £25 bet would payout £250, £50 bet would payout £500, and a £100 bet would payout £1000.
What Does 10/3 Odds Each Way Mean?
An each way bet is essentially two bets in one. Half of your stake is on the selection to win, and the other half is on the selection to ‘place’.
If the odds are 10/3 each way, it means that if your selection wins, you will receive the full odds payout, and if your selection only places, you will receive a fraction of the odds (usually 1/4 or 1/5).
For example, if you bet £1 each way at 10/3 odds, you would win £10 if your selection wins and £2.50 or £2 if your selection places. The same logic applies for other amounts: £5 each way would payout £50 for a win and £12.50 or £10 for a place, and so on.
What is 10/3 Odds as a decimal?
To convert fractional odds to decimal odds, you simply divide the numerator by the denominator and add 1. 10/3 odds as a decimal would be 10 divided by 3 plus 1, which equals 4.33.
| Stake | Win Payout | Each Way Payout (1/4) | Each Way Payout (1/5) | Decimal Odds |
|---|---|---|---|---|
| £1 | £10 | £2.50 | £2 | 4.33 |
| £5 | £50 | £12.50 | £10 | 4.33 |
| £10 | £100 | £25 | £20 | 4.33 |
| £25 | £250 | £62.50 | £50 | 4.33 |
| £50 | £500 | £125 | £100 | 4.33 |
