Betting Odds Calculator
28/1 means that for every £1 you stake, you win £28 in profit if the bet wins. Your stake is returned on top of that, so a £1 bet at 28/1 returns £29 total.
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The implied probability is 3.45%. This means the bookmaker prices this outcome as having roughly a 3.45 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 28/1 Odds
| Stake | Profit | Total Return |
|---|---|---|
| £1.00 | £28.00 | £29.00 |
| £5.00 | £140.00 | £145.00 |
| £10.00 | £280.00 | £290.00 |
| £20.00 | £560.00 | £580.00 |
| £50.00 | £1,400.00 | £1,450.00 |
| £100.00 | £2,800.00 | £2,900.00 |
Odds Conversion
| Format | Value |
|---|---|
| Fractional | 28/1 |
| Decimal | 29 |
| American | +2800 |
| Implied Probability | 3.45% |
How the Calculation Works
Winnings: Stake x (28 / 1) = Profit. So £10 x (28 / 1) = £280.00 profit.
Probability: 1 / (28 + 1) = 1 / 29 = 3.45%.
Decimal odds: (28 / 1) + 1 = 29. Multiply your stake by this to get the total return including your stake.
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