Betting Odds Calculator
16/1 means that for every £1 you stake, you win £16 in profit if the bet wins. Your stake is returned on top of that, so a £1 bet at 16/1 returns £17 total.
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The implied probability is 5.88%. This means the bookmaker prices this outcome as having roughly a 5.88 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 16/1 Odds
| Stake | Profit | Total Return |
|---|---|---|
| £1.00 | £16.00 | £17.00 |
| £5.00 | £80.00 | £85.00 |
| £10.00 | £160.00 | £170.00 |
| £20.00 | £320.00 | £340.00 |
| £50.00 | £800.00 | £850.00 |
| £100.00 | £1,600.00 | £1,700.00 |
Odds Conversion
| Format | Value |
|---|---|
| Fractional | 16/1 |
| Decimal | 17 |
| American | +1600 |
| Implied Probability | 5.88% |
How the Calculation Works
Winnings: Stake x (16 / 1) = Profit. So £10 x (16 / 1) = £160.00 profit.
Probability: 1 / (16 + 1) = 1 / 17 = 5.88%.
Decimal odds: (16 / 1) + 1 = 17. Multiply your stake by this to get the total return including your stake.
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