What Does 13/8 Odds Mean?
Betting odds of 13/8 mean that for every £8 you bet, you will win £13 plus your stake back if your bet is successful.
This is a fractional format of expressing odds, commonly used in the UK and Ireland. The number on the left (13 in this case) shows how much you can win, while the number on the right (8 here) shows how much you need to stake to win that amount.
For instance, if you bet:
– £1 at 13/8 odds, you will win £1.63 plus your £1 stake back, totaling £2.63.
– £5 at 13/8 odds, your winnings will be £8.13 plus your £5 stake, totaling £13.13.
– £10 at 13/8 odds, you will win £16.25 plus your £10 stake back, totaling £26.25.
– £25 at 13/8 odds, your winnings will be £40.63 plus your £25 stake, totaling £65.63.
– £50 at 13/8 odds, you will win £81.25 plus your £50 stake back, totaling £131.25.
– £100 at 13/8 odds, your winnings will be £162.5 plus your £100 stake, totaling £262.5.
What is the Payout for 13/8 Odds?
The payout for 13/8 odds is £13 for every £8 staked, plus the return of your original stake. This means if you bet £8, you would receive £21 in total (your £13 winnings plus your £8 stake back).
What Does 13/8 Odds Each Way Mean?
An each-way bet is essentially two bets in one: a bet for the selection to win and a bet for the selection to place.
The place terms are determined by the type of event and the number of potential outcomes. If you place an each-way bet at 13/8 odds, you’re betting on a selection to win and to place.
For example, if you bet:
– £1 each way at 13/8 odds, your total stake is £2 (£1 for the win, £1 for the place). If your selection wins, you would win £1.63 plus your £1 stake back for the win part of the bet, and the place part of the bet would also win.
– The same pattern follows for stakes of £5, £10, £25, £50, and £100. The total return would depend on the place terms for the event.
What is 13/8 Odds as a Decimal?
In decimal format, 13/8 odds are expressed as 2.63. This means for every £1 you stake, you will receive £2.63 in return if your bet is successful (including your stake).
Here is a summary table of the main points about 13/8 odds:
| Stake | Winning at 13/8 odds | Total Return | Each Way Stake | Decimal Odds |
|---|---|---|---|---|
| £1 | £1.63 | £2.63 | £2 | 2.63 |
| £5 | £8.13 | £13.13 | £10 | 2.63 |
| £10 | £16.25 | £26.25 | £20 | 2.63 |
| £25 | £40.63 | £65.63 | £50 | 2.63 |
| £50 | £81.25 | £131.25 | £100 | 2.63 |
