What do 14/1 odds mean?
The term 14/1 odds is a betting terminology that represents the probability of a specific outcome in an event. It means that for every £1 you bet, you will win £14 if your bet is successful, plus your original stake back.
This is why it’s often referred to as “fourteen-to-one” odds.
Here are some examples:
– If you bet £1 at 14/1 odds, you will win £14.
– If you bet £5 at 14/1 odds, you will win £70.
– If you bet £10 at 14/1 odds, you will win £140.
– If you bet £25 at 14/1 odds, you will win £350.
– If you bet £50 at 14/1 odds, you will win £700.
– If you bet £100 at 14/1 odds, you will win £1400.
What do 14/1 odds payout?
A 14/1 odds payout refers to the amount you stand to win if your bet is successful. As explained above, for every £1 you bet, you stand to win £14. Therefore, the payout is the original stake multiplied by 14, plus your original stake back.
What does 14/1 odds each way mean?
Betting each way (EW) at 14/1 odds means you are placing two separate bets – one for the selection to win, and one for the selection to place (usually 2nd or 3rd, but this can vary depending on the event). If your selection wins, both bets win. If your selection places, only the place part of the bet wins.
Here are some examples:
– A £1 each way bet at 14/1 odds costs £2 (£1 for the ‘win’ and £1 for the ‘place’) and could return up to £15 if the selection wins (£14 win + £1 stake), or a fraction of the win odds if the selection just places.
– A £5 each way bet at 14/1 odds costs £10 and could return up to £75 for a win, or a fraction for a place.
– And so forth, with the return always being the stake times the odds for a win, or a fraction of the odds for a place.
What is 14/1 odds as a decimal?
In decimal format, 14/1 odds are represented as 15.00. This is calculated by adding 1 to the fractional odds. The decimal odds format represents the total return from a bet, including the stake.
| Stake | 14/1 Win Return | 14/1 Each Way Bet Cost | 14/1 Each Way Win Return | 14/1 Decimal Odds |
|---|---|---|---|---|
| £1 | £14 | £2 | Up to £15 | 15.00 |
| £5 | £70 | £10 | Up to £75 | 15.00 |
| £10 | £140 | £20 | Up to £150 | 15.00 |
| £25 | £350 | £50 | Up to £375 | 15.00 |
| £50 | £700 | £100 | Up to £750 | 15.00 |
