In our guide, we will explore the meaning of 8 to 5 odds, providing an understanding of what these odds imply in the context of betting.
Odds of 8 to 5 represent the probability or chance of a particular outcome taking place. These 8-5 odds are frequently encountered in UK football and horse racing betting, offering slightly better chances than 13-8 odds in the betting market.
| Bet Amount | 8/5 Calculator | Total Return |
|---|---|---|
| £1 | Profit = £1 * (8/5) = £1.60 | Total return = £1 + £1.60 = £2.60 |
| £5 | Profit = £5 * (8/5) = £8 | Total return = £5 + £8 = £13 |
| £10 | Profit = £10 * (8/5) = £16 | Total return = £10 + £16 = £26 |
| £25 | Profit = £25 * (8/5) = £40 | Total return = £25 + £40 = £65 |
| £50 | Profit = £50 * (8/5) = £80 | Total return = £50 + £80 = £130 |
| £100 | Profit = £100 * (8/5) = £160 | Total return = £100 + £160 = £260 |
What does 8/5 odds mean?
8/5 odds mean that for every £5 you bet, you win £8 if your bet is successful. This results in getting back your original £5 stake plus the £8 profit. These odds indicate that the event is less likely to happen than not, but it’s not considered highly improbable.
What is the Payout for 8/5 Odds?
The payout at 8/5 odds is calculated by multiplying the stake by 8/5. This is the profit you earn over and above your initial stake.
- Examples:
- £1 bet: Profit = £1 * (8/5) = £1.60. Total return = £1 + £1.60 = £2.60.
- £5 bet: Profit = £5 * (8/5) = £8. Total return = £5 + £8 = £13.
- £10 bet: Profit = £10 * (8/5) = £16. Total return = £10 + £16 = £26.
- £25 bet: Profit = £25 * (8/5) = £40. Total return = £25 + £40 = £65.
- £50 bet: Profit = £50 * (8/5) = £80. Total return = £50 + £80 = £130.
- £100 bet: Profit = £100 * (8/5) = £160. Total return = £100 + £160 = £260.
What does 8/5 Each Way mean?
- An 8/5 each way bet is divided into two parts: a ‘win’ bet and a ‘place’ bet, both at the 8/5 odds.
- Examples:
- Assuming place odds are 1/4 of 8/5, which is 8/20 (or 2/5).
- £1 each way (£2 total stake):
- Win part: Profit = £1.60. Total return = £2.60.
- Place part: Profit = £1 * (2/5) = £0.40. Total return = £1.40.
- Similar calculations apply for other amounts (£5, £10, £25, £50, £100), with the stake doubled for each way.
What is 8/5 Odds as a decimal?
Conversion: Decimal odds are calculated as (8/5) + 1. This represents the total return per unit stake. Decimal Odds: 8/5 in decimal is 2.60.
- £10 bet Example:
- Total Return: £10 x 2.60 = £26. This includes your £10 stake and £16 profit.
