Betting Odds Calculator

Fractional Odds40/1
Decimal Odds41
Implied Probability2.44%
£10 Profit£400.00

40/1 means that for every £1 you stake, you win £40 in profit if the bet wins. Your stake is returned on top of that, so a £1 bet at 40/1 returns £41 total.

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The implied probability is 2.44%. This means the bookmaker prices this outcome as having roughly a 2.44 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 40/1 Odds

Stake Profit Total Return
£1.00 £40.00 £41.00
£5.00 £200.00 £205.00
£10.00 £400.00 £410.00
£20.00 £800.00 £820.00
£50.00 £2,000.00 £2,050.00
£100.00 £4,000.00 £4,100.00

Odds Conversion

Format Value
Fractional 40/1
Decimal 41
American +4000
Implied Probability 2.44%

How the Calculation Works

Winnings: Stake x (40 / 1) = Profit. So £10 x (40 / 1) = £400.00 profit.

Probability: 1 / (40 + 1) = 1 / 41 = 2.44%.

Decimal odds: (40 / 1) + 1 = 41. 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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