Example Say there are 10 equally good horses in a race The odds would be decimal 10 or 9 1 to be fair But typically the odds available will be decimal 8 or 7 1 at best Backing 9 of the horses with a stake of GBP10 each in order to lay the remaining horse results in a loss of GBP20 no matter which horse wins 05 10 31 Mar 2005 UTC