Odds explained · odds-against price
15/8 odds: payout and meaning
15/8 is an odds-against price: every 8 staked wins 15 in profit. £10 wins £18.75 and returns £28.75 including your stake.
15/8 payout chart
| Stake | Profit if it wins | Total payout |
|---|---|---|
| £10 | £18.75 | £28.75 |
| £20 | £37.50 | £57.50 |
| £25 | £46.88 | £71.88 |
| £50 | £93.75 | £143.75 |
| £100 | £187.50 | £287.50 |
| £200 | £375.00 | £575.00 |
| £500 | £937.50 | £1,437.50 |
| £1,000 | £1,875.00 | £2,875.00 |
Payout = stake + profit. A losing bet loses the stake; a push (tie, where offered) returns it. In dollars: $100 wins $187.50. Any stake: bet calculator.
How much to bet to win a set amount at 15/8
| To win (profit) | Stake needed |
|---|---|
| £10 | £5.33 |
| £50 | £26.67 |
| £100 | £53.33 |
| £500 | £266.67 |
Break-even win rate at 15/8
The implied probability of 15/8 is about 34.78% (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 15/8 bet is good value depends only on whether your honest estimate of the chance beats that number — the EV calculator does the comparison.
15/8 in a double or treble
A double of two 15/8 selections combines to decimal odds of ≈ 8.27 (+727, rounded): a £100 double pays £826.56 if both win. A treble: decimal ≈ 23.76 (+2276, rounded), paying £2,376.37 on £100. For independent selections from different events, those prices imply a break-even chance of about 4.21% 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 |
|---|---|---|---|---|
| 13/8 | 13/8 | 2.63 | 38.10% | £162.50 |
| +175 | 7/4 | 2.75 | 36.36% | £175.00 |
| 15/8 | 15/8 | 2.88 | 34.78% | £187.50 |
| +200 | 2/1 | 3.00 | 33.33% | £200.00 |
| 9/4 | 9/4 | 3.25 | 30.77% | £225.00 |
Full betting odds chart → · How betting odds work · 18+ — odds describe a price, not a prediction or a recommendation to bet.