With less than a fortnight remaining before the 12th edition of the ICC Cricket World Cup gets underway in England and Wales, the squads for all the 10 participating teams have been announced and the race to predict the winner is gathering steam.
Most online betting websites expect host England to win the tournament. Ladbrokes, for instance, pegs the odds of an England win at 15/8, followed by India (at 3/1) and then defending champions Australia (at 9/2). Simply put, 15/8 is the fraction the bookie is willing to multiply your stake by.
Mathematically, 15/8 implies 15 divided by 8,