Betting Odds Calculator
11/8 means that for every £8 you stake, you win £11 in profit if the bet wins. Your stake is returned on top of that, so a £8 bet at 11/8 returns £19 total.
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The implied probability is 42.11%. This means the bookmaker prices this outcome as having roughly a 42.11 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 11/8 Odds
| Stake | Profit | Total Return |
|---|---|---|
| £1.00 | £1.38 | £2.38 |
| £5.00 | £6.88 | £11.88 |
| £10.00 | £13.75 | £23.75 |
| £20.00 | £27.50 | £47.50 |
| £50.00 | £68.75 | £118.75 |
| £100.00 | £137.50 | £237.50 |
Odds Conversion
| Format | Value |
|---|---|
| Fractional | 11/8 |
| Decimal | 2.38 |
| American | +138 |
| Implied Probability | 42.11% |
How the Calculation Works
Winnings: Stake x (11 / 8) = Profit. So £10 x (11 / 8) = £13.75 profit.
Probability: 8 / (11 + 8) = 8 / 19 = 42.11%.
Decimal odds: (11 / 8) + 1 = 2.38. Multiply your stake by this to get the total return including your stake.
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