What does 5/6 odds mean?
5/6 odds, often expressed as “five to six,” means that for every £6 you bet, you win £5 if your selection is successful. This is a less than even odds scenario, indicating a higher likelihood of the event happening compared to even odds.
5/6 Odds Payout Table
| Bet Amount | 5/6 Profit Calculator | 5/6 Total Return |
|---|---|---|
| Bet £1 | (5/6) * £1 = £0.83 | £1.83 |
| Bet £5 | (5/6) * £5 = £4.17 | £9.17 |
| Bet £10 | (5/6) * £10 = £8.33 | £18.33 |
| Bet £25 | (5/6) * £25 = £20.83 | £45.83 |
| Bet £50 | (5/6) * £50 = £41.67 | £91.67 |
| Bet £100 | (5/6) * £100 = £83.33 | £183.33 |
What does 5/6 odds payout?
For 5/6 odds payouts, the winnings are calculated as follows:
- Bet £1: Your profit would be (5/6) * £1 = £0.83, so you get £0.83 in winnings plus your £1 stake back, totaling £1.83.
- Bet £5: Profit = (5/6) * £5 = £4.17. Total return is £4.17 + £5 = £9.17.
- Bet £10: Profit = (5/6) * £10 = £8.33. Total return is £8.33 + £10 = £18.33.
- Bet £25: Profit = (5/6) * £25 = £20.83. Total return is £20.83 + £25 = £45.83.
- Bet £50: Profit = (5/6) * £50 = £41.67. Total return is £41.67 + £50 = £91.67.
- Bet £100: Profit = (5/6) * £100 = £83.33. Total return is £83.33 + £100 = £183.33.
5/6 Each way betting involves two bets: one for the selection to win and one for the selection to place (usually finishing in the top few positions).
The place part is usually paid at a fraction of the win odds.
What is 5/6 each way?
For 5/6 odds each way (assuming place terms are 1/4 of the odds):
- Bet £1 (50p each for win and place): If only the place bet wins, you get (1/4 * 5/6) * £0.50 = £0.10 profit plus your £0.50 stake, totaling £0.60. If both win, add an additional £0.83 (win part) + £0.50 stake, totaling £1.93.
- The calculations follow similarly for £5, £10, £25, £50, and £100 bets, scaling up based on the bet size.
What is 5/6 as a decimal?
In decimal format, 5/6 odds are 1.83.
Decimal odds represent the total amount returned for a £1 stake. So, for a £10 bet at decimal odds of 1.83, your total return if you win would be £10 * 1.83 = £18.33. This includes your £10 stake and £8.33 in winnings.
