What does 6/5 odds mean?
6/5 odds mean that for every £5 you bet, you win £6 if your selection is successful. This type of odds indicates that the event is slightly more likely to happen than not, as your potential winnings are greater than your stake, but not by a large margin.
6/5 Odds Payout Table
| Bet Amount | 6/5 Profit Calculation | Total Return |
|---|---|---|
| £1 | (6/5) * £1 = £1.20 | £2.20 |
| £5 | (6/5) * £5 = £6 | £11 |
| £10 | (6/5) * £10 = £12 | £22 |
| £25 | (6/5) * £25 = £30 | £55 |
| £50 | (6/5) * £50 = £60 | £110 |
| £100 | (6/5) * £100 = £120 | £220 |
In simple terms, it’s a way to express the probability of an event occurring. The smaller the profit in relation to the stake (as is the case with 6/5 odds), the higher the implied probability of the event happening. Betting £5 at 6/5 odds would yield a profit of £6 if you win, so your total return would be £11 (your £5 stake plus £6 winnings).
What does 6/5 payout?
6/5 odds mean that for every £5 you bet, you win £6 if your selection is successful. This type of odds is an indicator of a somewhat likely outcome, as the potential payout is slightly more than the amount staked.
Here are the payouts for 6/5 odds with various bet amounts:
- Bet £1: Profit = (6/5) * £1 = £1.20. Total return (profit + stake) = £1.20 + £1 = £2.20.
- Bet £5: Profit = (6/5) * £5 = £6. Total return = £6 + £5 = £11.
- Bet £10: Profit = (6/5) * £10 = £12. Total return = £12 + £10 = £22.
- Bet £25: Profit = (6/5) * £25 = £30. Total return = £30 + £25 = £55.
- Bet £50: Profit = (6/5) * £50 = £60. Total return = £60 + £50 = £110.
- Bet £100: Profit = (6/5) * £100 = £120. Total return = £120 + £100 = £220.
These examples illustrate how the payout increases with the size of the bet, in accordance with the 6/5 odds. The total return includes both the winnings and the original stake.
What does 6/5 each way mean?
6/5 each way betting involves two separate bets: one for the selection to win at the full odds (6/5 in this case), and another for the selection to place (usually finishing in a top position, like top three). The place bet typically pays out at a fraction of the win odds.
Examples with Place Terms at 1/4 the Win Odds
- Bet £1 (£0.50 each for win and place):
- Place Bet: Profit = (1/4 * 6/5) * £0.50 = £0.15. Total return (profit + stake) = £0.15 + £0.50 = £0.65.
- Win Bet: If the win bet also succeeds, total profit = £0.15 (place) + £0.60 (win) = £0.75. Total return = £0.75 + £1 stake = £1.75.
- Bet £5 (£2.50 each for win and place):
- Place Bet: Profit = (1/4 * 6/5) * £2.50 = £0.75. Total return = £0.75 + £2.50 = £3.25.
- Win Bet: If win, profit = £0.75 (place) + £3 (win) = £3.75. Total return = £3.75 + £5 = £8.75.
- Bet £10 (£5 each for win and place):
- Place Bet: Profit = (1/4 * 6/5) * £5 = £1.50. Total return = £1.50 + £5 = £6.50.
- Win Bet: If win, profit = £1.50 (place) + £6 (win) = £7.50. Total return = £7.50 + £10 = £17.50.
- Bet £25 (£12.50 each for win and place):
- Place Bet: Profit = (1/4 * 6/5) * £12.50 = £3.75. Total return = £3.75 + £12.50 = £16.25.
- Win Bet: If win, profit = £3.75 (place) + £15 (win) = £18.75. Total return = £18.75 + £25 = £43.75.
- Bet £50 (£25 each for win and place):
- Place Bet: Profit = (1/4 * 6/5) * £25 = £7.50. Total return = £7.50 + £25 = £32.50.
- Win Bet: If win, profit = £7.50 (place) + £30 (win) = £37.50. Total return = £37.50 + £50 = £87.50.
- Bet £100 (£50 each for win and place):
- Place Bet: Profit = (1/4 * 6/5) * £50 = £15. Total return = £15 + £50 = £65.
- Win Bet: If win, profit = £15 (place) + £60 (win) = £75. Total return = £75 + £100 = £175.
In each way betting, the total return includes the winnings and the stake. If the selection only places but doesn’t win, you only get the return from the place part of your bet. If the selection doesn’t place, you lose both parts of the bet.
What is 6/5 as a decimal?
6/5 odds in decimal format are calculated by dividing the first number by the second number and then adding 1. 6/5 odds as a decimal is 2.2.
Example with £10 Bet:
If you place a bet of £10 at decimal odds of 2.2, your total return if you win would be calculated as follows:
Total Return=Stake×Decimal OddsTotal Return=Stake×Decimal Odds Total Return=£10×2.2=£22Total Return=£10×2.2=£22
So, for a £10 bet at 6/5, converted to 2.2 in decimal odds, your total return would be £22. This includes your original £10 stake and £12 in winnings.
