If you are wondering what 7/5 means in betting you have come to the right place.
The 7/5 odds of an event happening is the likelihood or probability of that result. 7/5 odds are popular in football betting and for horse racing events in the UK and are a shade shorter than 6-4 odds in the betting market.
In our 7/5 horse racing betting odds guide, we explain what 7/5 odds mean?, what is the 7/5 probability and show you what a 7/5 odds payout would be.
Contents
What does 7/5 odds mean?
7/5 Betting Odds means that out of 12 potential outcomes, the 7/5 odds are that there will be 7 of one kind of outcome and 5 of another kind of outcome.
The 7/5 odds calculation means for every 12 betting events your selection should win 5 times and on 7 occasions the selection will not win.
7/5 Odds Calculator
Here is a 7/5 odds calculator to work out the potential winnings of a 7/5 priced winner.
How To Use The 7/5 odds payout calculator?
Here is the step-by-step guide on how to use the free online 7-5 odds calculator:
- ‘Bet Type’ will already be selected as a single bet
- Select the ‘Outcome’ of “Winner”, “Placed”, “Lost”, “Dead Heat”, “Void” or “Non-runner”
- Select the ‘Odds’ of 7/5
- Select the ‘Stake’ wagered
- The 7/5 odds payout calculator will then work out total outlay, total return and total profit
7/5 Implied Probability
The 7-5 betting odds probability is a 58.3 per cent probability of a particular outcome and a 41.7 per cent probability of another outcome.
The 7/5 odds implied probability means your selection has a 41.7% chance of winning and a 58.3% chance the selection will lose.
Convert 7/5 Odds to American Moneyline Odds?
The conversion of 7-5 odds to American Moneyline odds is 140.
- Conversion to American Odds is calculated by (2.4 – 1.0)* 100 = 140
Money line odds (aka “American” odds or “U.S.” odds) of 140 is the equivalent to 7-5 Fractional odds (aka “British” odds, “U.K.” odds, or “traditional” odds).
7/5 odds payout
If you wager a bet on a 7/5 betting odds selection and you win, your total payout will be 2.4 which is your stake back plus 1.4 profit.
Here are some examples of 7-5 odds payouts:
- £1 bet on a 7/5 pick returns a total return of £2.40
- 7/5 odds £5 bet returns £12 including your stake back
- 7/5 odds £10 bet returns £24 including your stake back
- £30 bet on 7/5 betting odds returns a total return of £72.00
- £100 bet on 7/5 odds returns a total return of £240
- £300 bet on 7/5 odds returns a total return of £720
Popular Questions
Are 7/5 Odds Good?
7/5 odds are good because for every £5 winning bet you will return £7 profit.
The 7-5 odds reflect the chances of your selection and bookmakers will think it has a favourites chance at 7/5.
At 7-5 horse odds it is unlikely to wager each-way bets and the majority will win only bets.
Many punters ask if 7/5 odds good or bad and the boring answer is it depends on whether it is value for money in the betting market. A 7-5 winner is good odds and a 7/5 loser is bad odds.
What is 7-5 odds in decimal?
7/5 fractional odds is 2.4 in decimal.
The fractional odds of 7 to 5 in decimals is 2.4 which means for every £5 win stake you get £12 returns if it wins.
Facts About 7/5 Betting Odds
- 7-5 are fractional odds
- 7-5 betting odds are slightly shorter than 6-4
- 7-5 betting odds are slightly larger than 11-8 odds
- 7-5 odds have a 41.7 per cent of winning
- 7-5 fractional odds in decimal odds is 2.4
- £1 free bet on a 7/5 returns a winning bets total return of £1.40
- 7/5 odds £5 free bet returns £7.00 win bets total
- 7/5 odds £10 free bet returns £14.00 bet wins total
- £50 free bet on 7/5 odds return £70.00 winning bets total
- £100 bet on 7/5 odds returns a total return of £140.00
Summary of 7/5 Odds
If you have placed a bet on a 7-5 pick and it has won then we have an odds calculator you can use to work out your returns on a 7/5 winner.
Fraction Odds | Decimal Odds | American | Probability |
7/5 | 2.4 | 140 | 41.70% |
The bet calculator allows you to work out winnings on some of the following bets where you might have a 7-5 shot in the bets:
- Online Round Robin Calculator
- Online Lucky 63 Calculator
- Online Trixie Calculator
- Online Lucky Fifteen Calculator
When you are looking to place bets on the top-rated horse racing betting websites online or through your mobile phone on the best sportsbook betting apps if your selection is a 7-5 chance of winning you want to try and choose an online bookmaker offering BOG bonus in September 2024.
If you are looking to place a bet then understanding the betting odds market is important as you want to choose your picks based on the value in the betting ring.