Betting Odds Calculator
15/2 means that for every £2 you stake, you win £15 in profit if the bet wins. Your stake is returned on top of that, so a £2 bet at 15/2 returns £17 total.
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The implied probability is 11.76%. This means the bookmaker prices this outcome as having roughly a 11.76 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 15/2 Odds
| Stake | Profit | Total Return |
|---|---|---|
| £1.00 | £7.50 | £8.50 |
| £5.00 | £37.50 | £42.50 |
| £10.00 | £75.00 | £85.00 |
| £20.00 | £150.00 | £170.00 |
| £50.00 | £375.00 | £425.00 |
| £100.00 | £750.00 | £850.00 |
Odds Conversion
| Format | Value |
|---|---|
| Fractional | 15/2 |
| Decimal | 8.5 |
| American | +750 |
| Implied Probability | 11.76% |
How the Calculation Works
Winnings: Stake x (15 / 2) = Profit. So £10 x (15 / 2) = £75.00 profit.
Probability: 2 / (15 + 2) = 2 / 17 = 11.76%.
Decimal odds: (15 / 2) + 1 = 8.5. Multiply your stake by this to get the total return including your stake.
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