What 25/1 means
With fractional odds, the first number is what you win and the second is what you stake. At 25/1, every £1 you stake wins £25 in profit, and your stake is returned on top. Because you win more than you stake, it's an odds-against price: the bookmaker rates this outcome as less likely to happen than not.
It's read as "twenty-five to one".
25/1 in decimal and American odds
| Format | 25/1 as | How it's worked out |
|---|---|---|
| Decimal | 26.00 | 25 ÷ 1 + 1 |
| American | +2500 | (26.00 − 1) × 100 |
| Implied probability | 3.8% | 1 ÷ 26.00 |
What 25/1 pays
| Stake | Profit | Total return |
|---|---|---|
| £1.00 | £25.00 | £26.00 |
| £2.00 | £50.00 | £52.00 |
| £5.00 | £125.00 | £130.00 |
| £10.00 | £250.00 | £260.00 |
| £20.00 | £500.00 | £520.00 |
| £50.00 | £1,250.00 | £1,300.00 |
| £100.00 | £2,500.00 | £2,600.00 |
How likely is 25/1 to win?
25/1 implies a 3.8% chance, or about 1 in 26. In other words, the bookmaker expects it to win about once in every 26 attempts. The true chance is usually a little lower than this, because bookmakers build a margin into every price.
25/1 each way
An each way bet splits your stake between a win bet and a place bet, with the place part paid at a fraction of 25/1. For a £5 each way bet (£10 in total):
| Place terms | Place odds | Returns if it wins | Returns if it places |
|---|---|---|---|
| 1/4 odds | 25/4 | £166.25 | £36.25 |
| 1/5 odds | 5/1 | £160.00 | £30.00 |
At 1/5 terms, a placed finish alone returns £30.00 from the £10 total stake, so the place part covers the whole bet with £20.00 to spare. Work out any each way bet.
If a horse at 25/1 is withdrawn
A horse priced at 25/1 being withdrawn doesn't trigger a Rule 4 deduction. The scale only applies when the non-runner was 14/1 or shorter. Work out a Rule 4 deduction.
Prices either side of 25/1
See every common price explained, or convert any price with the odds converter.