Betting odds are calculated by the probability of
something happening. For example, if the odds are 4-1 this suggests there 😄 is a 1 in 5
chance of winning (4+1), or calculated as 1 / (4+1) = 0.2 which means there 😄 is a 20%
chance of the outcome happening. The winnings you would receive from a bet is
calculated by multiplying 😄 your stake by the odds. So a stake of £1 would pay £4 profit,
