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What do 2/5 odds mean?

2/5 odds mean that for every £5 you bet, you win £2 if your selection is successful. These are known as “odds-on” and indicate a higher probability of the event happening, as the amount you win is less than the amount you wager. In other words, the event is considered more likely to occur than not.

For practical understanding, if you place a £5 bet at 2/5 odds and win, your profit would be £2, and you would get your £5 stake back, making a total return of £7.

This type of odds is common in events where one outcome is significantly more likely than the others.

What do 2/5 odds payout?

2/5 odds indicate that for every £5 staked, the profit will be £2 if the bet is successful. The payout can be calculated by multiplying the stake by 2/5.

Here are the examples of payouts at 2/5 odds for various bet amounts:

1. Bet £1: Profit = (2/5) * £1 = £0.40. Total return (profit + stake) = £0.40 + £1 = £1.40.
2. Bet £5: Profit = (2/5) * £5 = £2. Total return = £2 + £5 = £7.
3. Bet £10: Profit = (2/5) * £10 = £4. Total return = £4 + £10 = £14.
4. Bet £25: Profit = (2/5) * £25 = £10. Total return = £10 + £25 = £35.
5. Bet £50: Profit = (2/5) * £50 = £20. Total return = £20 + £50 = £70.
6. Bet £100: Profit = (2/5) * £100 = £40. Total return = £40 + £100 = £140.

These examples illustrate the profit and total returns, which include both the winnings and the original stake.

What does 2/5 odds each way mean?

2/5 each way betting involves two separate bets of equal stakes: one for the selection to win at the given odds (2/5 in this case) and the other for the selection to place, typically in the top few positions. The place part of the bet usually pays out at a fraction of the win odds (often 1/4 or 1/5).

Examples of 2/5 Place Terms at 1/4 the Win Odds

1. Bet £1 (£0.50 each for win and place):
   • Place Bet: Profit = (1/4 * 2/5) * £0.50 = £0.05. Total return = £0.05 (profit) + £0.50 (stake) = £0.55.
   • Win Bet: If the win bet also wins, add £0.40 (win part) + £0.50 stake = £0.90, for a total return of £1.45 (£0.55 place return + £0.90 win return).
2. Bet £5 (£2.50 each for win and place):
   • Place Bet: Profit = (1/4 * 2/5) * £2.50 = £0.25. Total return = £0.25 + £2.50 = £2.75.
   • Win Bet: If win, add £2 (win part) + £2.50 = £4.50, for a total return of £7.25.
3. Bet £10 (£5 each for win and place):
   • Place Bet: Profit = (1/4 * 2/5) * £5 = £0.50. Total return = £0.50 + £5 = £5.50.
   • Win Bet: If win, add £4 (win part) + £5 = £9, for a total return of £14.50.
4. Bet £25 (£12.50 each for win and place):
   • Place Bet: Profit = (1/4 * 2/5) * £12.50 = £1.25. Total return = £1.25 + £12.50 = £13.75.
   • Win Bet: If win, add £10 (win part) + £12.50 = £22.50, for a total return of £36.25.
5. Bet £50 (£25 each for win and place):
   • Place Bet: Profit = (1/4 * 2/5) * £25 = £2.50. Total return = £2.50 + £25 = £27.50.
   • Win Bet: If win, add £20 (win part) + £25 = £45, for a total return of £72.50.
6. Bet £100 (£50 each for win and place):
   • Place Bet: Profit = (1/4 * 2/5) * £50 = £5. Total return = £5 + £50 = £55.
   • Win Bet: If win, add £40 (win part) + £50 = £90, for a total return of £145.

What is 2/5 odds as a decimal?

2/5 odds in decimal format are 1.4. This means that for every £1 you bet, the total return (including your stake) would be £1.40 if your bet is successful.