Short odds like 4/9 often indicate a strong favorite in the match, whether it’s a horse race, a tennis game, or a soccer match. While the returns may not be substantial, the risk is generally lower, making it an attractive option for conservative bettors or those looking to build a more balanced betting portfolio.
In this article, we’ll not only break down what 4/9 odds mean in terms of potential returns, but we’ll also delve into effective betting strategies specifically tailored for short odds wagers. Whether you’re a casual bettor or a seasoned pro, understanding how to maximize your gains and minimize risks with these kinds of odds can be a game-changer.
QUICK GUIDE TO 4/9 WIN BET RETURNS
£1 @ 4/9 = £1.44
£2 @ 4/9 = £2.89
£5 @ 4/9 = £7.22
£10 @ 4/9 = £14.44
£25 @ 4/9 = £36.11
£50 @ 4/9 = £72.22
£100 @ 4/9 = £144.44
Amounts above include returned stakes.
The first number (4) is the amount you’ll win from wagering the second number (9). So for every £10 that you bet, you will get back £4.44 if your bet wins.
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For instance, a £40 winning bet at 4/9 will payout £17.78 (plus your £40 stake is returned). If you increase the stake to £50, you’ll get £22.22 back (plus £50 stake). The maths formula for a win-only bet is:
(amount staked x 4) / 9 = win returns + stake back = total amount of returns.
For example: (£30 x 4) = £120 divided by 9 = £13.33 win + £30 stake back = £43.33 returned in total.
Odds like 4/9 are considered very short. So while you may not make a lot of money from a winning bet with those odds, they do indicate a clear favourite.
Betting Each Way
You can often choose to bet ‘each way’ in many types of bets, but it’s usually not a good idea if the odds are lower than 6/1. This is because you will lose money on the bet if the horse places.
Usually, bookmakers give you a quarter of the original odds if you win an each-way bet. But in some horse races, they might give you even less—only a fifth of the original odds.
In big horse races, you might get paid for more finishing positions, but the payout is smaller. For example, if you bet £10 each way (making it £20 in total) on 4/9 odds and only win the ‘place’ part of the bet, you’d get back just £11.11 in total. You’d lose £8.89 from your original £20 bet, so it’s not really worth it.
4/9 EACH WAY BETS (2nd, 3rd or 4th Place)
£1 @ 4/9 = £1.11
£2 @ 4/9 = £2.22
£5 @ 4/9 = £5.56
£10 @ 4/9 = £11.11
£25 @ 4/9 = £27.78
£50 @ 4/9 = £55.56
£100 @ 4/9 = £111.11
Amounts above include returned stakes and assume the bet is settled each way at a quarter odds. Remember that each-way bets cost double the staked amount.
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Why Are Some Odds So Low?
Low odds like 4/9 are generally set by bookmakers when there’s a clear favorite in a match, race, or game. Several factors can contribute to this:
- Strong Past Performance: If a team or player has consistently won, they’re likely to be considered a strong favorite.
- In-Game Events: In live or ‘in-play’ betting, odds can shorten dramatically if a team scores a goal, or a player gains a significant advantage, making them more likely to win.
- Public Opinion: Sometimes, the sheer volume of people betting on a particular outcome can influence the odds.
Why Bet on Low Odds?
You might wonder why anyone would bet on such low odds when the returns are minimal. Here are some reasons:
- Lower Risk: While the payout is smaller, the risk is also lower. Many bettors prefer a ‘safe’ bet to a risky one, especially if they’re new to betting or looking to build a more stable betting portfolio.
- Bankroll Management: Betting on low odds can be a strategic way to manage your bankroll. Winning small but consistent amounts can add up over time.
- Combination Bets: Some bettors use low-odds bets as part of a combination or accumulator bet to boost the overall odds. In this strategy, multiple bets are combined into one, and all must win for the bettor to collect.
- Strategic Hedging: In some cases, bettors use low odds to hedge against other, riskier bets. This can be a way to ensure some level of return, even if a more speculative bet fails.
So, while low odds like 4/9 may not offer the thrill of a big win, they serve a purpose in a balanced betting strategy. Whether you’re looking to minimize risk, manage your bankroll, or build a complex betting slip, understanding the role of low odds can be a valuable asset.
Understanding 4/9 Fractional Odds
In the fractional odds format, 4/9 means that for every 9 units you bet, you’ll win 4 units if your bet is successful. In simpler terms, it’s a way to express that the event you’re betting on is more likely to happen than not. The lower the number on the right (the denominator), the more likely the event is to happen, and vice versa.
Calculating Potential Returns
To calculate your potential returns with 4/9 odds, you can use the following formula:
Potential Returns = Stake × (4/9) + Stake
For example, if you bet £10:
Potential Returns = £10 × (4/9) + £10 = £4.44 + £10 = £14.44
Converting 4/9 to Other Odds Formats
- Decimal Odds: To convert 4/9 to decimal odds, you divide the numerator by the denominator and add 1.
Decimal Odds = 4/9 + 1 = 1.44
- Moneyline Odds: For positive moneyline odds, you multiply the fractional odds by 100. For negative moneyline odds, you divide -100 by the fractional odds. In this case, 4/9 would be:
Moneyline Odds = -225
This means you would need to bet £225 to win £100.
- Percentage Probability: To find the implied probability, you divide the denominator by the sum of the numerator and denominator, then multiply by 100.
Implied Probability = 9/(4+9) × 100 = 9/13 × 100 ≈ 69.23%
So, whether you’re familiar with fractional, decimal, or moneyline odds, understanding how to convert between these formats can give you a more rounded view of your betting options.