What Does 12/5 Odds Mean?
Odds in betting are used to determine the potential return on a bet. When you see 12/5 odds, it means for every £5 bet, you can potentially win £12. This is in addition to getting your original stake back.
If you bet £1 at 12/5 odds, you could potentially win £2.40 plus your original £1 back. If you bet £5, you could potentially win £12 plus your original £5 back.
Let’s look at a few more examples:
| Stake | 12/5 Odds | Payout | Each Way Bet | Decimal Odds |
|---|---|---|---|---|
| £1 | £2.40 | £2.40 | £2 | 3.40 |
| £5 | £12 | £12 | £10 | 3.40 |
| £10 | £24 | £24 | £20 | 3.40 |
| £25 | £60 | £60 | £50 | 3.40 |
| £50 | £120 | £120 | £100 | 3.40 |
– If you bet £10 at 12/5 odds, you could potentially win £24 plus your original £10 back.
– If you bet £25 at 12/5 odds, you could potentially win £60 plus your original £25 back.
– If you bet £50 at 12/5 odds, you could potentially win £120 plus your original £50 back.
– If you bet £100 at 12/5 odds, you could potentially win £240 plus your original £100 back.
What is the Payout for 12/5 Odds?
The payout for 12/5 odds depends on the amount staked. The potential winnings are calculated by multiplying the stake by the odds. For instance, if you bet £1 at 12/5 odds, your potential payout would be £2.40. Similarly, a £5 bet would yield a £12 payout, a £10 bet would yield a £24 payout, a £25 bet would yield a £60 payout, a £50 bet would yield a £120 payout, and a £100 bet would yield a £240 payout.
What Does 12/5 Odds Each Way Mean?
An each way bet is essentially two bets in one: a win bet and a place bet. If you place a £1 each way bet at 12/5 odds, you’re actually placing a £1 bet for your selection to win and another £1 bet for your selection to place (usually in the top 3).
Here are some examples:
– If you bet £5 each way at 12/5 odds, you’re placing a £5 win bet and a £5 place bet, for a total stake of £10.
– If you bet £10 each way at 12/5 odds, you’re placing a £10 win bet and a £10 place bet, for a total stake of £20.
– If you bet £25 each way at 12/5 odds, you’re placing a £25 win bet and a £25 place bet, for a total stake of £50.
– If you bet £50 each way at 12/5 odds, you’re placing a £50 win bet and a £50 place bet, for a total stake of £100.
What is 12/5 Odds as a Decimal?
Odds can also be expressed as decimals. To convert 12/5 odds to decimal odds, you divide the first number by the second number and add 1. So, 12/5 odds would be 3.40 in decimal odds.
