Betting Odds Calculator

Fractional Odds11/2
Decimal Odds6.5
Implied Probability15.38%
£10 Profit£55.00

11/2 means that for every £2 you stake, you win £11 in profit if the bet wins. Your stake is returned on top of that, so a £2 bet at 11/2 returns £13 total.

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The implied probability is 15.38%. This means the bookmaker prices this outcome as having roughly a 15.38 in 100 chance of happening.

These are odds against – the potential profit is greater than your stake. The higher the first number relative to the second, the less likely the bookmaker thinks the outcome is.

Winnings Table for 11/2 Odds

Stake Profit Total Return
£1.00 £5.50 £6.50
£5.00 £27.50 £32.50
£10.00 £55.00 £65.00
£20.00 £110.00 £130.00
£50.00 £275.00 £325.00
£100.00 £550.00 £650.00

Odds Conversion

Format Value
Fractional 11/2
Decimal 6.5
American +550
Implied Probability 15.38%

How the Calculation Works

Winnings: Stake x (11 / 2) = Profit. So £10 x (11 / 2) = £55.00 profit.

Probability: 2 / (11 + 2) = 2 / 13 = 15.38%.

Decimal odds: (11 / 2) + 1 = 6.5. Multiply your stake by this to get the total return including your stake.

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Written & Reviewed by Matt K
Sports Betting Analyst at Winners Media

I have been covering the UK betting industry since 2007, testing sportsbooks across mobile and desktop. At TabletBetting, I review betting sites, compare odds and payment methods, and track new bookmaker launches. My focus is on the mobile experience - how apps perform under real conditions, not just what the marketing says.
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