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10/3 Bet £1 On It How Much Do I Get Back

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gordiescotland1 | 15:20 Sat 10th May 2014 | Business & Finance
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Hi there I put money on the Eurovision for Austria to win I put a £1 bet on and it says the odds are 10/3 how much would I get back if I win ?
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£3.33 winnings plus £1 return of winning stake.
about £3.33 plus your £1 stake.
£4.33
.... just to explain the working out:
The odds 10/3 mean that for every £3 you bet, you'd win £10, plus your original stake.
Your stake is £1, which is 1/3 of £3, meaning you win 1/3 of £10 = £3.33, plus your original £1 back :)
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