12 to 1

What do 12/1 Odds Mean?

12/1 odds, in betting terms, mean that an event has a probability of 1 out of 13 chances to occur.

It’s a way of expressing the likelihood of a particular outcome. In simpler terms, if you were to bet £1 on an event with 12/1 odds, and your bet wins, you would receive £12 in winnings, plus your original £1 stake back.

To further illustrate this, let’s look at a few examples:
– If you bet £1 at 12/1 odds, you could win £12.
– If you bet £5 at 12/1 odds, you could win £60.
– If you bet £10 at 12/1 odds, you could win £120.
– If you bet £25 at 12/1 odds, you could win £300.
– If you bet £50 at 12/1 odds, you could win £600.
– If you bet £100 at 12/1 odds, you could win £1200.

What do 12/1 Odds Payout?

A 12/1 odds payout means that for every £1 you bet, you will win £12 if your bet is successful. This does not include the return of your original stake.

If you place a £10 bet at 12/1 odds, your total payout would be £130 (£120 in winnings, plus your £10 stake).

What does 12/1 Odds Each Way Mean?

Each way betting is a two-part bet, one part for the win and one part for a place (which includes 1st place). The place part of the bet is paid out at a fraction of the win odds.

If you place a £1 each way bet at 12/1 odds, you’re actually placing £1 on the win and £1 on the place, making your total stake £2.

Here are some examples:
– A £1 each way bet at 12/1 odds would cost £2 and could return £16 if the selection wins (you receive £13 for the win and £3 for the place).
– A £5 each way bet at 12/1 odds would cost £10 and could return £80.
– A £10 each way bet at 12/1 odds would cost £20 and could return £160.
– A £25 each way bet at 12/1 odds would cost £50 and could return £400.
– A £50 each way bet at 12/1 odds would cost £100 and could return £800.
– A £100 each way bet at 12/1 odds would cost £200 and could return £1600.

What is 12/1 Odds as a Decimal?

In decimal format, 12/1 odds are expressed as 13.00. The decimal odds include the return of your original stake, which is not the case with fractional odds.

If you place a £1 bet at 13.00 odds, your total return if you win would be £13 (£12 in winnings, plus your £1 stake).

Stake12/1 odds win12/1 odds each wayPayoutDecimal odds
£1£12£16£1313.00
£5£60£80£6513.00
£10£120£160£13013.00
£25£300£400£32513.00
£50£600£800£65013.00

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