Betting Odds Calculator
1/8 means that for every £8 you stake, you win £1 in profit if the bet wins. Your stake is returned on top of that, so a £8 bet at 1/8 returns £9 total.
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The implied probability is 88.89%. This means the bookmaker prices this outcome as having roughly a 88.89 in 100 chance of happening.
These are odds on – your stake is greater than the potential profit. The bookmaker considers this outcome more likely than not.
Winnings Table for 1/8 Odds
| Stake | Profit | Total Return |
|---|---|---|
| £1.00 | £0.13 | £1.13 |
| £5.00 | £0.63 | £5.63 |
| £10.00 | £1.25 | £11.25 |
| £20.00 | £2.50 | £22.50 |
| £50.00 | £6.25 | £56.25 |
| £100.00 | £12.50 | £112.50 |
Odds Conversion
| Format | Value |
|---|---|
| Fractional | 1/8 |
| Decimal | 1.13 |
| American | -800 |
| Implied Probability | 88.89% |
How the Calculation Works
Winnings: Stake x (1 / 8) = Profit. So £10 x (1 / 8) = £1.25 profit.
Probability: 8 / (1 + 8) = 8 / 9 = 88.89%.
Decimal odds: (1 / 8) + 1 = 1.13. Multiply your stake by this to get the total return including your stake.
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