Quote: Or thane "Sorry if this is a really stupid question but i never bet so i'm unsure. But as we are 8/1, does that mean for every £8 you put down you'll make £1 on it. Or the other way round,you'll make £8 back for every £1 you put down. I always get muddled.'"
8/1 means for every £1 you stake you would win £8 plus your original £1, so a return of £9.
If a selection was 1/8 then in that scenario you would have to stake £8 to win £1.