betfair return with odds of 5.5

ok can anyone work out my return

i put a £5 bet on at odds of 5.5
i work that out as 5 x 5.5= 27.50 + £5 stake as £32.50 return

but they are saying the return is £27.50 all together

what do you guys think the return should be?

17 Comments

Banned

£27.50 minus commission

I agree with you. have you questioned it?

Dont you get 5.5 back for each of your £1 inc your stake so £27.50 would be right. I dont know though!

could there have been a rule4 etc i have been caught out like that before

dh058977

Dont you get 5.5 back for each of your £1 inc your stake so £27.50 would b … Dont you get 5.5 back for each of your £1 inc your stake so £27.50 would be right. I dont know though!



Yeah, but you're supposed to get your original stake back when you win I think?

when was the bet made

Original Poster

the commission is 88p
i did emal them and they responded with

Dear Steven

Thank you for your e-mail.

A bet of £5 at odds of 5.5 will give you a profit of £22.50. So your returns would infact be £27.50 less commission of 5% at £0.88.

Please do not hesitate to contact us if you have any further enquiries.

Kind regards,

Lewis Essam

Original Poster

archer1204

when was the bet made


bet was made last night for todays gp

Banned

deek72

Yeah, but you're supposed to get your original stake back when you win I … Yeah, but you're supposed to get your original stake back when you win I think?



not on betfair
but then the odds reflect that

for example a 3/1 shot on course will probably be about 4.3/4.5 on betfair/

i dont bet on betfair so would ask them to explain further

colinsunderland

not on betfairbut then the odds reflect thatfor example a 3/1 shot on … not on betfairbut then the odds reflect thatfor example a 3/1 shot on course will probably be about 4.3/4.5 on betfair/



Ah, I see. Thanks.

Original Poster

i just looked on betfair odds converter and 5.5 as a fraction is 9/2

dunno how that works as i thought it would just be 5.5/1 or 11/2

Chelsea 7/1 to win now, could come off if they get one?

Banned

11 on betfair
really can't see them scoring 3 past us - our defence is usually solid (newcastle game excluded!)

The returns on Betfair are inclusive of your stake. They are not odds. So 11.00, for example, is 10/1 and 4.50 is 7/2.

Original Poster

thank you all for your help
i guess its right, just glad they are not conning me

Yeah the odds of 5.5 include your stake so it would equate to 4.5 for every £1 you bet
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