4 to 7

What do 4/7 odds mean?

4/7 odds mean that for every 7 units you stake, you would potentially win 4 units in profit if your bet is successful.

These odds indicate that the event is deemed more likely to happen than not, as the probability implied by these odds is greater than 50%.

To put it simply, if you place a bet at 4/7 odds and your selection wins, you would receive a total of 11 units (your original stake plus the profit).

What do 4/7 odds payout?

4/7 odds payout means that for every £7 you bet, you would potentially win £4 in profit if your bet is successful. Here are the payouts at 4/7 odds for different bet amounts:

1. Bet £1: Profit = (4/7) * £1 = £0.57. Total return (profit + stake) = £0.57 + £1 = £1.57.
2. Bet £5: Profit = (4/7) * £5 = £2.86. Total return = £2.86 + £5 = £7.86.
3. Bet £10: Profit = (4/7) * £10 = £5.71. Total return = £5.71 + £10 = £15.71.
4. Bet £25: Profit = (4/7) * £25 = £14.29. Total return = £14.29 + £25 = £39.29.
5. Bet £50: Profit = (4/7) * £50 = £28.57. Total return = £28.57 + £50 = £78.57.
6. Bet £100: Profit = (4/7) * £100 = £57.14. Total return = £57.14 + £100 = £157.14.

These examples illustrate the total returns for each bet, including both the original stake and the winnings.

The payouts increase proportionally with the bet amount, reflecting the fixed odds ratio of 4/7.

What does 4/7 each way mean?

A 4/7 each way bet involves placing two separate bets of equal stake: one for your selection to win at the full odds (4/7) and another for your selection to place at a fraction of those odds.

The place bet typically pays out if the selection finishes in one of the top positions, often the top three. The exact fraction of the win odds paid for a place bet is usually 1/4 or 1/5, depending on the bookmaker and the event.

Examples with 4/7 Place Terms at 1/5 the Win Odds

1. Bet £1 (£0.50 each for win and place):
   • Place Bet: If only the place bet wins, profit = (1/5 * 4/7) * £0.50 ≈ £0.11. Total return = £0.11 (profit) + £0.50 (stake) ≈ £0.61.
   • Win Bet: If the win bet also wins, total return ≈ £0.61 (place return) + £0.57 (win profit) + £0.50 (stake) ≈ £1.68.
2. Bet £5 (£2.50 each for win and place):
   • Place Bet: Profit ≈ (1/5 * 4) * £2.50 ≈ £2.00. Total return ≈ £2.00 + £2.50 ≈ £4.50.
   • Win Bet: If win, total return ≈ £4.50 (place return) + £2.86 (win profit) + £2.50 (stake) ≈ £9.86.
3. Bet £10 (£5 each for win and place):
   • Place Bet: Profit ≈ (1/5 * 4) * £5 ≈ £4. Total return ≈ £4 + £5 ≈ £9.
   • Win Bet: If win, total return ≈ £9 (place return) + £5.71 (win profit) + £5 (stake) ≈ £19.71.
4. Bet £25 (£12.50 each for win and place):
   • Place Bet: Profit ≈ (1/5 * 4) * £12.50 ≈ £10. Total return ≈ £10 + £12.50 ≈ £22.50.
   • Win Bet: If win, total return ≈ £22.50 (place return) + £14.29 (win profit) + £12.50 (stake) ≈ £49.29.
5. Bet £50 (£25 each for win and place):
   • Place Bet: Profit ≈ (1/5 * 4) * £25 ≈ £20. Total return ≈ £20 + £25 ≈ £45.
   • Win Bet: If win, total return ≈ £45 (place return) + £28.57 (win profit) + £25 (stake) ≈ £98.57.
6. Bet £100 (£50 each for win and place):
   • Place Bet: Profit ≈ (1/5 * 4) * £50 ≈ £40. Total return ≈ £40 + £50 ≈ £90.
   • Win Bet: If win, total return ≈ £90 (place return) + £57.14 (win profit) + £50 (stake) ≈ £197.14.

What is 4/7 as a decimal?

4/7 odds in decimal format are 1.57. This means that for every £1 you bet, the total return (including your stake) would be £1.57.