Fractional odds have been used in bookmaking primarily in the
United Kingdom. They have been more or less replaced by decimal
odds in recent years, but a lot of bookmakers and bettors still
prefer this format. Although this odds format is often
considered more complicated than the decimal or moneyline
format, the calculations required for working out potential
profits and payouts is actually reasonably straightforward.

We provide the necessary calculations on this page, along
with some examples to highlight how it works in practice. We
also include a chart listing some of the more commonly-used
fractional odds, with the associated profits and payouts.

Calculation Required

The calculation you need to know to work out the potential
profit of a wager using fractional odds is as follows:

• Baccarat Odds, House Edge, and Payouts – Common Bets. Whether you play baccarat online or offline, you will have the choice of three common bets when you take your seat at the table: Banker, Player, or Tie. Before you place your chips on the table, it’s important to know the house edge, odds, and payout for each of these bets.
• “Pay-to-Play Game Rules” means the terms, conditions, explanations, rules and procedures (for example, how a Prize is won, the value and odds of winning Prizes for an individual Pay-to-Play Game, the Prize tiers within a Pay-to-Play Game) issued by OLG from time to time (in addition to this Agreement) which apply to a particular Pay-to-Play.

Odds Payout

For the total potential payout, you just add your initial
stake to the potential profit.

Decimal odds represent the amount of money you win for every $1 bet. And Fractional odds are the ratio of the amount of money (profit) won to the amount of money wagered.

Using this Calculation

The two examples below show how this calculation works.

Fractional Odds Payout Chart

The following chart shows some of the most frequently used
fractional odds, along with their respective profits and total
payouts based on a $10 stake.

Texas Pick 3 Payout Chart