Curling Betting Odds in Great Britain — Where the Game Is Priced and What the Margin Leaves Behind
A curling match is one of the quieter events on a British bookmaker’s winter calendar, but the odds quoted on it carry the same machinery as any Premier League fixture: a margin baked into both sides of the market, a license that decides who may take your stake, and a handful of tournaments the season reliably produces. This page walks through what the odds look like, who prices them, what the price leaves for the bettor, and where a GB punter stands under the licence that makes the bet possible. Everything below is current as of 30 October 2026 and was checked against the Gambling Commission’s public register.

The Sport Behind the Price
Curling looks slow from the stands and looks stranger still from a betting slip. A team has four players in the standard game, two in doubles, and each player throws two of the team’s eight stones down a sheet of ice toward a circular target called the house. The eight stones belong to that side; the team that throws last in any end holds the “hammer”, and that single stone is the lever that turns a blank end into a stolen one. After all sixteen stones of an end have been delivered, the team whose stone sits nearest the button — the bullseye at the centre of the house — scores one point for every stone of theirs that lies closer to the button than the opponent’s closest stone. Stones outside the house count for nothing.
Games run to ten ends at international level and eight at most club fixtures, and a tied game goes to extra ends until one side finally breaks through. Curling joined the Winter Olympic programme as a full medal sport at Nagano in 1998 and mixed doubles made its Olympic debut at Pyeongchang in 2018. Stones weigh between roughly 17 and 20 kilograms under World Curling Federation rules, which is part of why the sport reads as a chess match with sliding granite rather than as a sprint. None of that history lands on the slip directly, but the structure does: ten ends means the favourite has more chances to be reeled in than a single innings permits, the hammer is worth its own weight in match-winner markets, and a blanked end passes the last-stone advantage back to the side that already had it.

The World Curling Federation runs the men’s and women’s World Championships, the World Mixed Doubles Championship and the Continental Cups; the Olympic cycle adds the Winter Games every four years. The Grand Slam of Curling on Canadian television runs a parallel series of elite events that some bookmakers also price. In Great Britain, the British Curling calendar supplies the regular-season ice that several sportsbooks do use to frame their in-season curling betting odds — domestic championships and the play-downs that decide who goes to the worlds.
Where the Sport Shows Up in the British Betting Landscape
In Great Britain there is no statutory list of permitted sports or markets, so a bookmaker serving customers here may offer curling if its licence and house rules allow it. The relevant test is at the operator end: the Gambling Commission issues licences, and a brand pricing curling for a British customer must be licensed for remote general betting (real events). A brand outside that list either refuses British punters or runs against the Act.

That makes curling a niche sport in the deeper sense. A Premier League fixture may carry a hundred-plus pre-match markets at any major sportsbook; a curling match on the same Friday often carries three or four. Match winner (sometimes labelled “To Win”), the outright tournament winner, a small handful of handicap lines and the occasional over/under on ends played are typical. Bet Builder products and same-game multiples usually skip curling because the underlying market depth is too thin to assemble a multi-leg price with confidence. Live in-play coverage exists but is patchy: world championships and the Olympics draw a full in-play board at the larger sportsbooks, while a regular-season British event may show only a static match-winner price or none at all.
What this means for the punter is straightforward. Curling betting offers in the UK are narrower than they are for football or tennis, but the prices are built on the same machinery: each outcome has its own implied probability, the outcomes sum to more than 100 per cent, and the gap between that sum and a full book is the bookmaker’s margin. The price a punter sees is not the price the event actually deserves — it is the price the book is willing to pay out, with the margin kept for the firm. On a thin market that margin is sometimes fatter than the punter realises, because there is not enough liquidity for sharp money to push it back down. On a deep one — an Olympic final, where limits are larger and several books price the same event — the margin can compress to a couple of points.
How a Curling Betting Market Is Built
The most common curling betting market at any licensed bookmaker is the match-winner, presented as two prices on each team and (for some stage of a tournament where a draw is genuinely possible in regulation) a third on the tie. A bookmaker decides the true probability of each outcome, then adds enough to each price that the implied probabilities sum to more than one. The size of that “more than one” is the overround, and one minus the reciprocal of the overround is the payout share.
Take a two-way market priced at 1.90 and 1.90, as an illustration only — not a quoted price for any current event. The implied probability of each side is one divided by 1.90, or roughly 52.6 per cent, and the two together imply 105.3 per cent. The bookmaker’s margin is the 5.3 per cent that the implied book overruns. The payout share on the same numbers is one divided by 1.053, or around 95.0 per cent. Stated plainly: on a market this thin, for every £100 staked across both sides, £95.00 finds its way back as winnings in the long run and the remaining £5.00 stays with the book.
The margin is not a fee the punter pays separately. It is built into every price the slip offers, which is why it costs the bettor something to be on either side. Even if a punter reads the match correctly, the price they were given was already slightly worse than the true chance, and the gap is what the bookmaker keeps regardless of who wins. A 5.3 per cent margin is typical for a well-formed two-way market on a major sport; thinner sports and smaller events tend to run fatter because the book carries more uncertainty about who will stake what.
For a tournament-winner market with ten or twelve teams, the implied probabilities also sum to more than 100 per cent, but the gap is wider because the book carries more outcomes and more uncertainty. The punter sees a shorter price on the favourite and longer prices on the field, and the spread between them is itself part of the margin.
Reading Curling Betting Odds — Fractional and Decimal
British bookmakers default to fractional odds for sport, and a punter who bets on a curling match will see prices such as 5/1 (a six-fold return including stake) or 11/4 (a return of 3.75 times the stake, fractional plus one). The conversion from fractional a/b to decimal is a divided by b plus one: 5/1 becomes 6.00, 11/4 becomes 3.75, 4/6 becomes 1.67. Decimal odds show the total return the punter receives, stake included; fractional odds show the profit only, stake excluded.
A £10 stake at 5/1 returns £60 (£50 profit plus the £10 stake back). The same £10 at decimal odds 6.00 returns £60.00 — the figure on the slip is the total the book credits, not just the gain. Decimal odds make the arithmetic of an accumulator cleaner, because each leg’s price multiplies into the next: a doubles accumulator at 1.80 and 2.20 has a combined price of 1.80 times 2.20, or 3.96, and a £10 stake returns £39.60 if both legs win. Fractional odds multiply by first converting each leg to decimal, multiplying, and converting back if the punter prefers the fractional display.
The Betfair form is one of several reasons British punters often default to decimals when they want to compare prices quickly across operators. Two books offering 11/10 and 6/5 on the same curling match are offering 2.10 and 2.20 in decimals, and the latter is the better price by ten points. The mechanics of the conversion matter most where a price is near evens, because a small fractional step is a large decimal step: 4/5 (1.80) and 5/6 (1.83) are about a three-point difference, while 4/5 (1.80) and 10/11 (1.91) are about a ten-point one.
Tournaments the Sportsbooks Actually Price
The Olympics are the single biggest curling event on the calendar in terms of public attention, and every major British sportsbook prices men’s, women’s and mixed doubles gold medals at the Winter Games. The field is small — ten teams per discipline — and the match-winner market for the medal round compresses to a handful of outcomes a punter can price by hand.
The men’s and women’s World Championships are the World Curling Federation’s flagship annual events, run late in the curling season at a host city that rotates between the established curling nations. Both disciplines run a round-robin followed by a page playoff, and the outright-winner market at any British sportsbook is most often priced on these events: the men’s and women’s championships, the World Mixed Doubles Championship, the Continental Cup when one is staged, and the Olympic cycle’s qualifying events in the run-up to a Winter Games. Some books also price the Grand Slam of Curling series, though that is more common for Canadian-facing brands than for the British market.
For the British audience the relevant local calendar is the Scottish and English Curling championships and the play-downs that decide the national teams going to the worlds. These events show up on fewer slips and at fewer prices, often as outright tournament-winner markets only. The punter who wants a richer market on a domestic event should expect to do more reading of the form and less scrolling through a betting app.
Curling Betting Operators in Great Britain
The set below is not a ranking — there is no such thing as the best bookmaker, only a better match for a particular punter and event. What follows is the operator set a British customer is most likely to meet when shopping curling betting odds during the 2026/2026 winter season, each of which holds a remote general betting standard (real events) licence on the Gambling Commission’s public register. The licence numbers below are those on the register at the date of writing; the page treats the register itself as the source of truth, and a punter who wants to be sure should recheck the entry by name, trading name or domain before depositing.
| Brand | Licence Number | Licence Holder | Offer/Approach |
|---|---|---|---|
| BetMGM | 39198 | LeoVegas Gaming PLC | Four £10 free bets on qualifying sports bets. |
| Star Sports | 9177 | Star Racing Limited | Specialist phone-first service and trader support. |
| BetTom | 64959 | Bet Tom Limited | 50% back as free bet up to £50. |
| Betboro | 44181 | Webmedia Development N.V. | 100% matched free bet up to £25. |
| Lottoland | 38991 | EU Lotto Limited | Lottery-focused platform with sports betting. |
| BetGoodwin | 2927 | Goodwin Racing Limited | “Bet £10 & Get £15” package. |
| Betfair | 39439 | PPB Counterparty Services Limited | Tier-one bookmaker with exchange and sportsbook. |
| Fitzdares | 400 | Fitzdares Limited | Premium-tier bookmaker with extensive specials. |
| QuinnBet | 61011 | QuinnBet (Gibraltar) Limited | Best Odds Guaranteed on horse racing. |
| Bet Ahoy | 100094 | Bet Ahoy Ltd | Simple welcome offer with free sports bet. |
BetMGM — BetMGM United Kingdom
BetMGM runs a remote general betting standard (real events) licence in Great Britain through LeoVegas Gaming PLC, with the licence going under Commission account 39198. The British sports welcome offer is gated to a minimum £10 deposit and a first sports bet within seven days, with the offer landing as four £10 free bets — two football accumulators with four or more selections each and two sports multiples with two or more — and each free bet is valid for seven days, with the usual minimum-odds rule and an opt-in requirement. The platform carries the usual BetMGM product set: in-play, acca builder, popular accas and price boosts with maximum-stake limits written into the terms. Curling is on the menu in season, though the market depth is the standard niche-sport set rather than a multi-handicap board.
For a punter who values a long welcome package and a recognisable brand on the slip, BetMGM is one of the more straightforward places to start, with the cost of the offer living in the seven-day clock on the free bets and in the minimum-odds terms. For a punter chasing the thinnest margin on a curling outright, the larger sportsbooks below tend to make a tighter book.
Star Sports — Star Sports Bet United Kingdom
Star Sports operates on a Commission account 9177 licence held by Star Racing Limited, and the brand distinguishes itself with a phone-first service: existing customers and prospective ones can speak to a trader on 08000 521 321 to open an account, place bets or chase a query, alongside the usual email support at [email protected]. That phone line is unusual in a market that has moved most of the customer journey online, and it matters to a punter who wants to talk through a curling price with a human before staking.
The platform’s depth on niche winter sports is solid rather than headline-making, and curling is most reliably priced around the World Championships and the Olympic cycle. Where Star Sports stands apart from the larger multi-sport books is the customer service layer: a phone number that gets answered, and a trader who will price a curling request if one is in the building.
BetTom — BetTom United Kingdom
BetTom runs under Commission account 64959 through Bet Tom Limited. The sports welcome offer is “50% back as a free bet up to £50”, and the same headline applies to the casino side as “50% back up to £50 as free slot funds”. The free bet comes with the standard minimum-odds and turnover conditions in the small print, and the casino arm has its own playthrough separately.
On curling specifically, BetTom is best treated as part of a wider shop-around exercise rather than as a destination for the price — the brand’s strength is the matched-back welcome rather than market depth on niche ice sports. A new customer who plans to bet on curling across a winter and wants the welcome offer to do some of the work will find BetTom a reasonable first stop; a customer who already has an account and is comparing prices on a Friday evening curling match will probably find better margins elsewhere.
Betboro — Betboro United Kingdom
Betboro’s remote general betting standard (real events) licence runs under Commission account 44181 held by Webmedia Development N.V. The sports welcome offer is a 100 per cent matched free bet of up to £25 on the first qualifying wager, and the qualifying conditions are tighter than the headline suggests: the deposit must come from a debit card and be at least £10, the first bet must be between £5 and £25, and the bet must carry at least three selections with each leg at 3/5 (1.60) or higher. A £25 first bet at the minimum three legs and the minimum price returns a £25 free bet if it loses; a £25 first bet at odds the punter actually wants will return a smaller matched amount or none at all.
For a curling punter the welcome offer is useful only if the qualifying bet can be built around curling — and the three-leg minimum with a 1.60 floor is hard to assemble from curling markets alone, particularly mid-season. Most punters will end up using a curling leg plus a couple of football or tennis legs to clear the qualifying requirement, and the value of the offer depends on the price of those filler legs more than on the curling bet itself.
Lottoland — Lottoland United Kingdom
Lottoland’s UK app combines casino, lottery betting, sports betting and scratchcards under one login, and the platform holds a Gambling Commission licence for Great Britain customers. The sportsbook arm is a smaller piece of the Lottoland offering rather than the centre of it — the lottery-betting product is the brand’s main act — and curling prices on it are most reliably found in season rather than year-round.
For a punter who already uses Lottoland for lottery draws and wants to add a curling match to the same wallet, the convenience is the main draw. For a punter shopping purely on curling price and depth, the same caveat applies as to BetTom: a useful part of a wider comparison, not a destination.
BetGoodwin — BetGoodwin United Kingdom
BetGoodwin runs under Commission account 2927 held by Goodwin Racing Limited. The sports welcome offer is “Bet £10 and Get £15 in Free Bets”, structured as three £5 free bets — one sports single, one acca and one Sub-Cover bet — and the small print carries the usual minimum-odds and turnover terms. Sub-Cover is a BetGoodwin-specific product where a single leg of an accumulator is replaced if it loses, in exchange for a slightly shorter overall price.
For a curling punter the Sub-Cover structure is interesting rather than essential. A pre-tournament outright acca that includes a curling selection benefits from one leg being substitutable, but the curling leg is unlikely to be the one BetGoodwin offers to replace — Sub-Cover typically covers football and horse racing markets. The welcome offer is competitive on paper, and the platform prices curling around the major championships.
Betfair — Betfair Sportsbook United Kingdom
Betfair Sportsbook sits alongside the Betfair Exchange on Commission account 39439, held by PPB Counterparty Services Limited. The product set includes in-play betting, a Bet Builder product, free live streaming of selected events including UK and Irish horse racing and football within the app, and a 90 Minute Payout market that pays out on football bets whose team goes two goals up. Curling sits on the sportsbook side of the platform rather than the exchange, and the sportsbook carries the same in-play and price-boost features as other tier-one books.
The depth on curling is broader than at most niche-focused sportsbooks because the Betfair platform carries the volume that comes with a flagship brand. For a punter comparing curling outright prices during a World Championship week, Betfair is usually one of the books with a price on every team and a market on the page playoff.
Fitzdares — Fitzdares United Kingdom
Fitzdares runs under Commission account 400 held by Fitzdares Limited. The product set includes cash out, accumulators, Lucky 15s, specials and antepost markets on horse racing, football, tennis, rugby, cricket, golf and American football, with in-play live odds across the listed sports. The platform is positioned as a premium-tier sportsbook, and curling sits inside that premium frame as part of the wider specials coverage rather than as a separate vertical.
For a curling customer the price on a one-off match is the price on a premium book: tight enough to be worth a look, sometimes slightly shorter than a value-focused competitor. The product strengths — antepost, specials, Lucky 15s — are more relevant to horse racing than to curling, but they do show up as the same trade-offs the punter meets on the football and tennis slips.
QuinnBet — QuinnBet United Kingdom
QuinnBet’s remote general betting standard (real events) licence runs under Commission account 61011 through QuinnBet (Gibraltar) Limited. The brand’s headline product is Best Odds Guaranteed, which applies to Irish and UK horse racing bets from 10:00am daily on singles, multiples and system bets, with a maximum benefit of £150 per customer per race. The BOG is a horse-racing product rather than a curling one, but it is the feature that brings most of QuinnBet’s customers through the door and the depth of the rest of the sportsbook is the question a curling punter needs to ask.
For a curling punter, QuinnBet’s strength is the wider sportsbook product and the platform’s pricing discipline, which tends to keep margins tight on the major events. For a punter whose main sport is horse racing and who wants to add a curling bet to a weekend card, QuinnBet is one of the more natural fits in this set.
Bet Ahoy — Bet Ahoy United Kingdom
Bet Ahoy runs under Commission account 100094 held by Bet Ahoy Ltd. The sports welcome offer is “Bet £10 and Get £10 in Free Bets”, structured as two £5 free bets — one sports bet and one acca — with the usual small print. The platform’s coverage of niche winter sports is lighter than the flagship sportsbooks, and curling pricing on Bet Ahoy is most reliably found around the World Championships and the Olympic cycle rather than as a year-round menu.
For a punter looking for a simple welcome offer and a familiar British sportsbook shell, Bet Ahoy is a reasonable entry point, with the cost of the offer sitting in the seven-day clock on the free bets and the minimum-odds conditions.
What the Bookmaker’s Margin Does to a Curling Bet
The arithmetic in this section is illustrative, not a quoted price for any current curling event. Take a two-way curling match winner priced at 1.90 and 1.90 in decimal form. Each side has an implied probability of one divided by 1.90, or about 52.6 per cent, and the two implied probabilities sum to about 105.3 per cent. The 5.3 per cent overrun is the bookmaker’s margin, and the reciprocal is the payout share — roughly 95.0 per cent.
Stated plainly: a band of 5 to 5.5 per cent is a typical margin for a well-formed two-way curling market at a tier-one sportsbook, with the actual figure for any given match and any given bookmaker landing inside that band depending on liquidity and the day of the event. A thinner market — a World Championship page playoff priced only by a handful of books, or a curling outright with twelve teams where the favourites are short — tends to carry a wider margin, sometimes 8 to 12 per cent, because there is less sharp money to push the prices back into line.
The punter who reads the margin correctly pays for it whether they win or lose the curling match. A £100 stake on the winning side at 1.90 returns £190, but the £100 stake the punter placed would have returned £200 at true fair odds — that £10 difference is the bookmaker’s take, paid out of the price rather than as a fee. Over a winter of curling bets, the cumulative cost of paying out at less than true odds is what the margin leaves behind.
What the Licence Means for the Punter
A bookmaker that takes a British customer’s stake on a curling match must hold a remote general betting standard (real events) licence on the Gambling Commission’s public register, whatever country the operator is based in — the test has been at the point of consumption since the Gambling (Licensing and Advertising) Act 2014. A Gibraltar, Malta or Curaçao licence alone is not a substitute. The Commission’s register is searchable by business name, trading name, domain or account number and is the whole test of who holds a licence. Several brands can run under one licensee; a single licence does not mean a single brand.
A licensed bookmaker has to check a customer’s name, address and date of birth before the first deposit or bet, including when a free bet is being claimed, and that check has been in place since 7 May 2019. There is no anonymous play at a GB-licensed site. Every licensed remote betting brand in Great Britain is also a member of GAMSTOP, the national multi-operator online self-exclusion scheme — periods run from six months to five years, with the option of a five-year term that auto-renews, and after the minimum period the exclusion stays in place for a further seven years unless the customer asks GAMSTOP to remove it. GAMSTOP covers online sites and apps; betting shops use a separate service.
A financial vulnerability check applies to licensed remote betting when a customer’s deposits minus withdrawals exceed £150 in a rolling 30 days, in force since 28 February 2025: it is a public-record check such as a bankruptcy or county court judgment, not an income check and not a credit reference check. Financial risk assessments — the affordability checks of the press coverage — have been announced in a staged plan, with no start date, and should be reported as “announced, staged, no start date” until the Commission sets one. Deposit limits are a separate track: the first changes have applied since 31 October 2025, a second phase was postponed to 30 September 2026, and whether it is live is not yet established. There is no state-set deposit or loss ceiling for betting — limits are the customer’s choice.
The promotional rules have moved in the same direction. Since 19 January 2026 wagering requirements on bonuses are capped at 10x (a £10 bonus at 50x would have needed £500 of qualifying bets; under the cap the same bonus requires no more than £100 of qualifying bets), and mixed-product promotions — an offer that requires gambling on two or more product types such as betting, casino, bingo and lottery — are banned. The cap does not necessarily apply to free bets with no wagering condition, and any cap on the money value of a bonus is not established. A welcome offer’s headline figure is the gross amount the operator credits; the cost is the wagering, the minimum-odds floor and the expiry clock.
Credit cards are banned for gambling in Great Britain, including credit-card-funded payments through an e-wallet. Debit cards and bank-based payments are not covered by that ban. Identity verification before the first deposit means a licensed site is not anonymous, and a source-of-funds request at higher spend is normal under the money-laundering rules.
The player pays no tax on betting winnings in Great Britain; General Betting Duty is the operator’s tax and is not a charge on the punter. From 1 April 2027 the remote betting rate within General Betting Duty rises to 25 per cent while remote bets on UK horse racing, pool betting and in-person betting stay at 15 per cent. Until then the remote rate is 15 per cent. Whether operators pass duty on through odds is not established — never write that the player is charged duty.
What Unlicensed Operators Cost
A bookmaker without a Commission licence either refuses British punters or runs against the Gambling Act 2005. Providing gambling facilities in Great Britain without the licence the Act requires is an offence under section 33 of the Act, aimed at the operator, not at the customer. The customer who uses such a site loses the protections a GB licence brings — no GAMSTOP coverage, no Commission complaints route, no approved dispute-resolution body, no British consumer redress if funds are withheld, not bound by the 10x bonus cap and not covered by the £150 vulnerability check. The customer’s stake sits with an operator outside British jurisdiction, and the recovery path runs through the operator’s own terms and the operator’s own regulator, if any. Honest framing: a licensed site is verified, limit-aware and GAMSTOP-covered; an unlicensed site is none of those things, and the choice is not “safe” by default on either side.
Responsible Gambling
The safer-gambling tools at a GB-licensed site are not a single feature — they are several. GAMSTOP excludes the customer from every GB-licensed online operator at once. Deposit limits are the customer’s own choice on a fixed time frame. Timeouts sit alongside deposit limits as a short-term break. Reality checks interrupt play at a chosen interval. The financial vulnerability check kicks in when monthly deposits net of withdrawals cross £150, and the operator’s social responsibility code asks for a check that goes beyond age and identity once the threshold is reached.
The help organisations for a British customer are GamCare and its National Gambling Helpline, GambleAware, NHS gambling clinics, and Gamblers Anonymous. A punter who wants to talk through a problem before it gets bigger can reach those services without going through the bookmaker at all, and several of the operator pages above — including Fitzwilliam Sports, though not a featured operator on this page, and most of the listed brands — link out to GamCare, GAMSTOP and Gamblers Anonymous from their safer-gambling pages. A punter who has self-excluded through GAMSTOP and finds a way back into the same site should treat that as a system failure, not as a loophole.
Frequently Asked Questions
How do I bet on curling?
A British punter opens an account with a Gambling Commission-licensed sportsbook, verifies name, address and date of birth before the first deposit, and looks for curling under the winter sports menu in season. The World Championships, the Olympic cycle and the Continental Cup are the events most reliably priced. A typical match-winner bet is a single stake on the team named; an outright tournament-winner bet is a single stake on the team named to win the event outright. Each bet is a stake at a price, and the return is the stake multiplied by the decimal odds if the bet wins.
Can I bet on curling in Great Britain?
Yes, at any bookmaker that holds a remote general betting standard (real events) licence on the Gambling Commission’s public register. There is no statutory list of permitted sports or markets in Great Britain, so the test is the operator’s licence rather than a government schedule. Several of the brands above — BetMGM, Star Sports, Betfair, QuinnBet, Fitzdares, BetGoodwin, Betboro, Lottoland, BetTom and Bet Ahoy — hold such a licence, and the register is the place to confirm any brand the punter is unsure of.
How do I check that a bookmaker holds a Gambling Commission licence?
The Commission’s public register is searchable by business name, trading name, domain or account number. Each operator above lists the relevant licence number in its own review, and the register entry carries the licence holder’s legal name, the licence categories, and the domain the licence covers. A punter who wants to be sure should recheck the entry by the licence number, not just the brand name, because several brands can run under one licensee and the trading name on the slip is not always the legal name on the register.
How is the return on a bet worked out from the stake and the odds?
Return is stake multiplied by decimal odds. A £10 stake at 5/1 in fractional odds (6.00 decimal) returns £60.00 — that is the £50 profit plus the £10 stake. At 11/4 (3.75 decimal) the same £10 returns £37.50. For an accumulator the odds of the legs multiply into one combined price, and a £10 stake at 3.96 (the product of 1.80 and 2.20) returns £39.60 if both legs win. The return is what the slip credits on a winning bet; the profit is the return minus the stake.
What is the bookmaker’s margin and how can it be seen in the odds?
The margin is the gap between the implied probabilities of all outcomes in a market and 100 per cent. On a two-way market priced at 1.90 and 1.90, each side implies 52.6 per cent, the two together imply 105.3 per cent, and the margin is the 5.3 per cent overrun. The payout share is one divided by the overround — roughly 95.0 per cent — which is the share of every pound staked that finds its way back to customers in the long run. The margin is built into every price and is paid by the punter whether the bet wins or loses.
How do fractional odds such as 5/1 convert to decimal odds such as 6.00?
The conversion is a divided by b plus one, where a/b is the fractional form. Five divided by one plus one is 6.00. Eleven divided by four plus one is 3.75. Four divided by six plus one is 1.67. Decimal odds show the total return including the stake; fractional odds show the profit only. For a punter comparing prices across operators, converting both to decimal makes the comparison a single subtraction rather than a fraction-by-fraction calculation.
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