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HT/FT explained

Half-time/full-time odds combine two results in a single price. See the nine possible outcomes, the probability the prices imply and why the total goes over 100%.

Short answer

HT/FT (half time / full time) combines the half-time and full-time result in one price, giving nine possible outcomes from 1/1 to 2/2. Each price implies a probability of 1 / odds; the nine probabilities add up to more than 100%, and the excess is the margin. A normalised probability is derived from prices; it is not a prediction.

HT/FT (half-time / full-time) describes the result at half-time and at full-time together. The left side of the slash is the half-time result, the right side the full-time result: X/1 means the first half ends level and the home team wins the match.

Nine possible outcomes

Three half-time results (1, X, 2) combined with three full-time results give nine combinations: 1/1, 1/X, 1/2, X/1, X/X, X/2, 2/1, 2/X, 2/2. Exactly one of them always happens, so their probabilities should add up to 100%.

From odds to implied probability

The raw probability implied by decimal odds is 1 / odds. The table below is a synthetic example; it does not belong to a real match.

OutcomeOddsRaw probabilityNormalised probability
1/13.1032.26%26.98%
X/14.8020.83%17.43%
2/128.003.57%2.99%
1/X15.006.67%5.58%
X/X5.2019.23%16.08%
2/X15.006.67%5.58%
1/234.002.94%2.46%
X/28.5011.76%9.84%
2/26.4015.63%13.07%

Why does the total exceed 100%? The margin

The nine raw probabilities in the example add up to about 119.56%. Everything above 100% is the bookmaker’s cut (the margin, or overround). The simplest way to strip it out is to divide each raw probability by the total: qᵢ = (1/oᵢ) / Σ(1/oⱼ). The last column uses this normalisation and adds up to 100%. Nine-outcome markets usually carry a higher margin than the three-outcome 1X2 market; you can run the same calculation for 1X2 in the probability and margin calculator.

A normalised probability is derived from the market’s prices; it is not a model prediction or a guarantee that something will happen.

Comebacks: 2/1 and 1/2

The 2/1 and 1/2 outcomes, where the team behind at half-time wins the match, are known as comebacks and are priced high. In the example, 1/2 has a normalised probability of 2.46%: roughly one match in 40. Rare outcomes appear only a handful of times in historical data, so claims such as “comebacks are common in this league” swing a lot on small samples. Always ask how many matches a figure comes from; see the sample size guide.

What to watch for

HT/FT prices should be consistent with the half-time and full-time markets: for example, 1/1 + X/1 + 2/1 should come close to the full-time “1” probability (47.39% normalised in the example). Large inconsistencies can come from prices recorded at different times; we explain when a price is recorded in the opening vs closing odds guide.

If you want to look at HT/FT distributions in past matches by league and season, Cortenscore’s archive analyses can help; access requires a membership.

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Published 28 October 2026 · Last updated: 28 October 2026 · Responsible: Cortenscore editorial team · Spotted an error? Report a correction. This page is for statistics education; it is not a prediction or betting advice. Example odds are synthetic.