What Do 13/2 Odds Mean?
In betting terms, odds of 13/2 mean that for every £2 you bet, you will win £13 if your bet is successful. It’s a way for bookmakers to represent the probability of a particular outcome happening.
The first number (13) is the amount you’ll win from the bookmaker, while the second number (2) is the amount you bet.
For example, if you bet £1 at 13/2 odds, you would win £6.50, plus your £1 stake back, making a total return of £7.50. If you bet £5, you would win £32.50, plus your £5 stake back, making a total return of £37.50.
For a £10 bet, you would win £65, plus your £10 stake back, making a total return of £75. For a £25 bet, you would win £162.50, plus your £25 stake back, making a total return of £187.50. For a £50 bet, you would win £325, plus your £50 stake back, making a total return of £375. For a £100 bet, you would win £650, plus your £100 stake back, making a total return of £750.
What Do 13/2 Odds Payout?
The payout for 13/2 odds is £13 for every £2 wagered, plus the return of your original stake. This means that for a £2 bet, you would receive a total return of £15 (£13 winnings plus your £2 stake). The winnings increase proportionally with the amount wagered.
What Does 13/2 Odds Each Way Mean?
An each way bet is essentially two bets in one: a bet on the selection to win and a bet on the selection to place. The place terms are determined by the bookmaker and depend on the type of event and number of participants.
For example, if you placed a £1 each way bet at 13/2 odds, you would stake £2 in total (£1 on the win and £1 on the place). If your selection wins, you would win £6.50 for the win portion of your bet and a fraction of £6.50 (usually 1/4 or 1/5, depending on the bookmaker’s terms) for the place portion. The same calculation applies for bets of £5, £10, £25, £50 and £100.
What is 13/2 Odds as a Decimal?
To convert fractional odds to decimal odds, you divide the first number by the second number and then add 1. Therefore, 13/2 odds as a decimal would be 7.5.
| Bet Amount (£) | Return (£) | Each Way Return (£) |
|---|---|---|
| 1 | 7.50 | Variable |
| 5 | 37.50 | Variable |
| 10 | 75.00 | Variable |
| 25 | 187.50 | Variable |
| 50 | 375.00 | Variable |
| 100 | 750.00 | Variable |
