If you are wondering what 8/13 means in betting you have come to the right place.
The 8 to 13 odds of an event happening is the likelihood or probability of that result. 8-13 odds are popular in football betting and for horse racing events in the UK and are a shade shorter than 4-6 odds in the betting market.
In our 8-13 sports betting odds guide, we explain what 8 to 13 odds mean?, what is the 8 to 13 probability and show you what an 8 to 13 odds payout would be.
Contents
What does 8-13 odds mean?
8-13 Betting Odds means that out of 21 potential outcomes, the 8-13 odds are that there will be 8 of one kind of outcome and 13 of another kind of outcome.
The 8-13 odds calculation means for every 21 betting events your selection should win 13 times and on 8 occasions the selection will not win.
8-13 Odds Calculator
Here is an 8-13 odds calculator to work out the potential winnings of an 8-13 priced winner.
How To Use The 8-13 odds payout calculator?
Here is the step-by-step guide on how to use the free online 8-13 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 8 to 13
- Select the ‘Stake’ wagered
- The 8/13 odds payout calculator will then work out total outlay, total return and total profit
8-13 Implied Probability
The 8-13 betting odds probability is a 38.1 per cent probability of a particular outcome and 61.9 per cent probability of another outcome.
The 8-13 odds implied probability means your selection has a 61.9% chance of winning and a 38.1% chance the selection will lose.
Convert 8-13 Odds to American Moneyline Odds?
The conversion of 8-13 odds to American Moneyline odds is -162.5
- Conversion to American Odds is calculated by -100 / 0.615 = -162.5
Money line odds (aka “American” odds or “U.S.” odds) of -162.5 is the equivalent to 8-13 Fractional odds (aka “British” odds, “U.K.” odds, or “traditional” odds).
8-13 odds payout
If you wager a bet on an 8/13 betting odds selection and you win, your total payout will be 1.62 which is your stake back plus 0.62 profit.
Here are some examples of 8-13 odds payouts:
- £1 bet on an 8-13 pick returns a total return of £1.62
- £13 bet on 8-13 returns a total return of £21
- £26 bet on 8-13 betting odds returns a total return of £42
- £130 bet on 8-13 odds returns a total return of £210
Popular Questions
Are 8/13 Odds Good?
8/13 odds are great because for every £13 winning bet you will return £8 profit.
The 8-13 odds reflect the chances of your selection and bookmakers will think it has a good chance at 8/13.
Many punters ask if 8/13 odds good or bad and the boring answer is it depends on whether it is value for money in the betting market. A 8-13 winner is good odds and a 8/13 loser is bad odds.
What is 8-13 odds in decimal?
8/13 fractional odds is 1.62 in decimal.
The fractional odds of 8 to 13 in decimals is 1.62 which means for every £13 win stake you get £21 returns if it wins.
Facts About 8-13 Betting Odds
- 8-13 are fractional odds
- 8-13 betting odds are slightly shorter than 4-6
- 8-13 betting odds are slightly larger than 4-7 odds
- 8-13 odds have a 61.9 per cent of winning
- 8-13 fractional odds in decimal odds is 1.62
Summary of 8-13 Odds
If you have placed a bet on an 8-13 pick and it has won then we have a free betting calculator online you can use to work out your returns on an 8/13 winner.
Fraction Odds | Decimal Odds | American | Probability |
---|---|---|---|
8/13 | 1.62 | -162.5 | 61.90% |
The bet calculator allows you to work out winnings on some of the following bets where you might have a 8-13 shot in the bets:
- Lucky 15 bet calculator winnings
- Lucky 31 bet calculator winnings
- Yankee bet calculator winnings
- Patent bet calculator winnings
When you are looking to place bets on the top horse racing betting sites online or through your mobile phone on the top betting applications if your selection is a 8-13 chance of winning you want to try and choose a bookie that offers the best odds guaranteed in April 2025.
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.