When it comes to odds like 5/1, 10/1 or even 100/1, it’s relatively easy to calculate your returns from a winning bet. However, things can get more challenging when dealing with shorter odds. For instance, working out the returns for a £2.50 each-way bet at 6/4 odds can be difficult. If you’re struggling with the math, don’t worry. I’ve done all the hard work for you.
6/4 odds are considered short because they reflect a high chance of winning, but the profit is relatively small, meaning that while the bet may be safer, the return on investment is not as high as with longer odds.
QUICK GUIDE TO 6/4 WIN BET RETURNS
£1 @ 6/4 = £1.50
£2 @ 6/4 = £3.00
£5 @ 6/4 = £7.50
£10 @ 6/4 = £15.00
£25 @ 6/4 = £37.50
£50 @ 6/4 = £75.00
£100 @ 6/4 = £150.00
Amounts above do not include returned stakes.
BETFRED OFFER
GET £40 IN BONUSES WHEN YOU STAKE £10
Odds of 6/4 can be found in a variety of sports and events. You may see odds of 6/4 for the outcome of a particular football match, especially when one team is moderately favoured to win. It could also apply to specific events within the game, such as a particular player to score a goal.
EXAMPLE 6/4 BET (WIN)
If you’ve made a bet at odds of 6/4, here’s how you work it out: The first number (6) is the amount you’ll win from wagering the second number (4). So for every £4 that you bet, you will get back £6 if your bet wins. You basically get back 50% more than you bet.
For instance, a £1 winning bet at 6/4 will payout £1.50 (plus your £1 stake is returned). If you increase the stake to £10, you’ll get £15 back (plus £10 stake).
6/4 can give decent winnings on a bet with such low odds. You may not be able to retire on the winnings, but a win is a win. Below you’ll find example payouts for 6/4 odds on various stakes.
6/4 WIN BETS
£1 @ 6/4 = £1.50
£2 @ 6/4 = £3.00
£5 @ 6/4 = £7.50
£10 @ 6/4 = £15.00
£25 @ 6/4 = £37.50
£50 @ 6/4 = £75.00
£100 @ 6/4 = £150.00
EXAMPLE 6/4 BET (EACH WAY)
There is an option to bet each way on most markets. However, it is generally advised not to do this on odds under 5/1. Mathematically you’ll be losing money if your selection places.
If your bet wins, you’ll get your £1.50 (Win bet) + £1 (Stake) + £.36p (Place bet at 1/4 odds) + £1 (Stake) so you will end up with £3.86 in your pocket.
If your selection Places, you will only get back 36p (Place bet at 1/4 odds) + £1 (Place Stake) = £1.36. This is less than the £2 bet you placed!
However, if you’re going to make this bet anyway. Let’s look at a £1 each-way bet (£2 spent in total).
6/4 EACH WAY BETS (2nd, 3rd or 4th Place)
£1 @ 6/4 = 36p
£2 @ 6/4 = 75p
£5 @ 6/4 = £1.86
£10 @ 6/4 = £3.75
£25 @ 6/4 = £9.36
£50 @ 6/4 = £18.75
£100 @ 6/4 = £37.50
Amounts above do not include returned stakes and assume the bet is settled each way at a quarter odds.
If your each-way bet wins, you can add together the win bet column and place the bet column to get the correct amount. For example, a £10 win at 6/4 pays £15 + £10 place at 6/4 pays out £3.75, giving you a total of £18.75 plus your £20 stake is returned.
Losing money isn’t great, but you didn’t lose it all! Of course, if your bet doesn’t win or place, you will get nothing back.
So there you have it, 6/4 explained in simple terms. There’s a payout guide below for some common bets placed at those odds. However, you can also use our online bet calculator to work out other odds and stake combinations.
BETTING GUIDES
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6/4 Odds Vs Implied Probability
Betting odds are simply the probability, according to the bookmakers, of a specific event happening. When we say that something has odds of 6/4, it’s more than just a pair of numbers – it carries a whole world of meaning in the betting landscape.
Implied probability is the concept we must understand to get to the heart of these odds. Simply put, the implied probability is the conversion of betting odds into a percentage that reflects the bookmaker’s estimation of an event occurring.
BETFRED OFFER
GET £40 IN BONUSES WHEN YOU STAKE £10
So, when we see odds of 6/4, what does that really mean? Let’s break it down. In fractional odds, the first number (6) is the amount you stand to win if you bet the second number (4). In other words, for every £4 you bet, you’ll win £6 if your bet is successful.
40% Chance of Winning
But what about the implied probability? The formula for calculating implied probability in fractional odds is (B / (A+B)) * 100, where A is the first number and B is the second number in the fraction. In our case, plug in 6 for A and 4 for B, and you’ll get (4 / (6+4)) * 100, which equals 40%.
So, odds of 6/4 suggest that the bookmaker believes the event has a 40% chance of occurring. It’s crucial to understand, however, that this is just the bookmaker’s estimation. As bettors, our job is to decide whether we agree with the bookmaker’s assessment, and if not, that’s where we can find value and make our move.
But remember, while a 40% chance might sound quite high, it still means that the event is more likely not to happen than to happen, according to the bookmaker’s estimation. And, like all gambling, it’s important to bet responsibly and only risk what you can afford to lose.
