What Does 10/11 Odds Mean?
The term 10/11 odds is commonly used in the betting world and refers to the likelihood of an event occurring. In simple terms, for every 11 units you stake, you will receive 10 units if you win, plus your stake. It’s a relatively even bet, slightly skewed towards the bookmaker.
Let’s illustrate this with a few examples. If you bet:
– £1, you would receive £0.91 profit, plus your £1 stake.
– £5, you would receive £4.55 profit, plus your £5 stake.
– £10, you would receive £9.09 profit, plus your £10 stake.
– £25, you would receive £22.73 profit, plus your £25 stake.
– £50, you would receive £45.45 profit, plus your £50 stake.
– £100, you would receive £90.91 profit, plus your £100 stake.
What is the Payout for 10/11 Odds?
The payout for 10/11 odds depends on the amount you stake. As mentioned above, for every 11 units you bet, you will receive 10 units profit if you win, plus your original stake. So, if you were to bet £50, for instance, your payout would be £95.45 (£45.45 profit plus your £50 stake).
What Does 10/11 Odds Each Way Mean?
An each way bet is essentially two bets in one – one for your selection to win, and one for your selection to place (usually top 2, 3 or 4 depending on the event).
If you place a £1 each way bet at 10/11 odds, you are actually betting £2 – £1 on the win and £1 on the place.
Here are some examples of potential returns for each way bets:
– £1 each way bet (£2 total stake) would return £1.82 for the win part and £1.09 for the place part.
– £5 each way bet (£10 total stake) would return £9.09 for the win part and £5.45 for the place part.
– £10 each way bet (£20 total stake) would return £18.18 for the win part and £10.91 for the place part.
– £25 each way bet (£50 total stake) would return £45.45 for the win part and £27.27 for the place part.
– £50 each way bet (£100 total stake) would return £90.91 for the win part and £54.55 for the place part.
– £100 each way bet (£200 total stake) would return £181.82 for the win part and £109.09 for the place part.
What is 10/11 Odds as a Decimal?
In decimal odds, 10/11 is represented as 1.91. This is calculated by dividing the potential profit (10) by the stake (11) and adding 1.
| Bet | Profit | Total Return | Each Way Win | Each Way Place |
|---|---|---|---|---|
| £1 | £0.91 | £1.91 | £1.82 | £1.09 |
| £5 | £4.55 | £9.55 | £9.09 | £5.45 |
| £10 | £9.09 | £19.09 | £18.18 | £10.91 |
| £25 | £22.73 | £47.73 | £45.45 | £27.27 |
| £50 | £45.45 | £95.45 | £90.91 | £54.55 |
