Question by Love Comments: How do horse betting odds work?
If I put £30 on a horse which was 100:30, how much would I get back?
How exactly do I work this out?
Is there a minimum amount I can put on a horse in these odds?
Thanks in advance.

Best answer:

Answer by john
Your returns will be £130. the odds of 100/30 means that for everything £30 staked you will win £100, but of course you receive your stake back.

Different bookmakers have an amount for their minimum bet, most bookmakers have min bet of 50p.

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