What Do 10/1 Odds Mean?
In betting, odds are used to determine the payout of a winning bet, but they also signify the likelihood of a particular outcome happening.
When you see 10/1 odds, it means that for every £1 you bet, you stand to win £10 if your bet is successful. The first number (10) is the amount you could win, and the second number (1) is the amount you stake.
For example, if you bet £1 at 10/1 odds and win, you would receive £10. If you bet £5, you would receive £50.
A £10 bet would yield £100, a £25 bet would yield £250, a £50 bet would yield £500, and a £100 bet would yield £1,000.
What Do 10/1 Odds Payout?
The payout for 10/1 odds is quite straightforward. For every £1 you bet, you will receive £10 if your bet is successful, plus your original stake.
If you bet £10, your total return would be £110 (£100 winnings plus your £10 stake).
What Does 10/1 Odds Each Way Mean?
An each-way bet is essentially two bets in one: a bet for a win and a bet for a place (usually second or third).
If you place a £1 each-way bet at 10/1 odds, you are actually placing £1 on the win and £1 on the place, for a total stake of £2.
If your selection wins, you’ll get both parts of the bet. So, using the 10/1 odds, if you bet £5 each way (£10 total), and your selection wins, you would receive £50 for the win and a fraction (usually 1/4 or 1/5) of £50 for the place.
Similarly, a £10 each-way bet (£20 total) would yield £100 for the win and a fraction of £100 for the place.
A £25 each-way bet (£50 total) would yield £250 for the win and a fraction of £250 for the place. A £50 each-way bet (£100 total) would yield £500 for the win and a fraction of £500 for the place.
A £100 each-way bet (£200 total) would yield £1,000 for the win and a fraction of £1,000 for the place.
What is 10/1 Odds as a Decimal?
In decimal odds, 10/1 odds would be expressed as 11.00. This is because decimal odds include the return of your original stake, unlike fractional odds.
| Odds | Meaning | Payout | Each Way | Decimal |
|---|---|---|---|---|
| 10/1 | For every £1 bet, win £10 | £10 for every £1 bet, plus stake | Two bets in one: a win and a place bet | 11.00 |
