Odds explained · odds-against price
11/8 odds: payout and meaning
11/8 is an odds-against price: every 8 staked wins 11 in profit. £10 wins £13.75 and returns £23.75 including your stake.
11/8 payout chart
| Stake | Profit if it wins | Total payout |
|---|---|---|
| £10 | £13.75 | £23.75 |
| £20 | £27.50 | £47.50 |
| £25 | £34.38 | £59.38 |
| £50 | £68.75 | £118.75 |
| £100 | £137.50 | £237.50 |
| £200 | £275.00 | £475.00 |
| £500 | £687.50 | £1,187.50 |
| £1,000 | £1,375.00 | £2,375.00 |
Payout = stake + profit. A losing bet loses the stake; a push (tie, where offered) returns it. In dollars: $100 wins $137.50. Any stake: bet calculator.
How much to bet to win a set amount at 11/8
| To win (profit) | Stake needed |
|---|---|
| £10 | £7.27 |
| £50 | £36.36 |
| £100 | £72.73 |
| £500 | £363.64 |
Break-even win rate at 11/8
The implied probability of 11/8 is about 42.11% (1 ÷ the exact decimal odds, shown rounded). That is the break-even win rate: if you bet this price many times on win-or-lose bets, you need to win more often than that to come out ahead. Whether a 11/8 bet is good value depends only on whether your honest estimate of the chance beats that number — the EV calculator does the comparison.
11/8 in a double or treble
A double of two 11/8 selections combines to decimal odds of ≈ 5.64 (+464, rounded): a £100 double pays £564.06 if both win. A treble: decimal ≈ 13.40 (+1240, rounded), paying £1,339.65 on £100. For independent selections from different events, those prices imply a break-even chance of about 7.46% for all three winning — an implied figure that includes each price’s margin, not a forecast; bookmakers may refuse or reprice related selections. Payouts use the exact, unrounded combined odds. Build your own with the accumulator calculator.
Compare nearby odds
| Odds | Fractional | Decimal | Implied probability | £100 wins |
|---|---|---|---|---|
| +125 | 5/4 | 2.25 | 44.44% | £125.00 |
| +130 | 13/10 | 2.30 | 43.48% | £130.00 |
| 11/8 | 11/8 | 2.38 | 42.11% | £137.50 |
| +140 | 7/5 | 2.40 | 41.67% | £140.00 |
| +150 | 6/4 | 2.50 | 40.00% | £150.00 |
Full betting odds chart → · How betting odds work · 18+ — odds describe a price, not a prediction or a recommendation to bet.