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14/1 Fractional Odds Explained

Decimal
15.00
American
+1,400
Fractional
14/1
Implied probability
6.67%
Polymarket
7¢
$100 wins
1,400.00
Inputs
Results
Decimal odds15.000
American
+1,400
Fractional
14/1
Implied probability
6.67%
Polymarket
7¢
Profit
1,400.00
Total return
1,500.00

15.000 decimal, +1,400 American, 6.67% implied probability

14/1 is a traditional bookmaker price. Read it as "win the top number for every bottom number staked". That is the same as 15.00 decimal odds and +1,400 American odds, with an implied probability of 6.67%.

What 14/1 pays

Profit is stake multiplied by the fraction; add the stake back for the total return. A 100 stake wins 1,400.00 and returns 1,500.00.

Payout by stake
StakeProfitTotal return
10140.00150.00
25350.00375.00
50700.00750.00
1001,400.001,500.00
5007,000.007,500.00
1,00014,000.0015,000.00

Break-even and long-run results

The implied probability of 14/1 is bottom divided by top-plus-bottom, which is 6.67%. Win more often than that and you profit over time.

Return on stake by long-run win rate
Win rateReturn on stake
7%5.0%
50%650.0%
55%725.0%
60%800.0%
65%875.0%

14/1 is a longshot implying 6.67%. Long fractional prices move in big steps (16/1, 20/1, 25/1, 33/1), and bookmakers shade them heavily, so the fair price is usually longer than the quoted one suggests.

Converting 14/1 by hand

Divide the top of the fraction by the bottom and add one for the decimal price, 15.00. For the implied probability, divide the bottom by the sum of top and bottom: 6.67%. American odds follow from the decimal price: odds-against, so (15.00 − 1) × 100 gives +1,400. The same chance on a prediction market is a 7¢ share.

The vig at 14/1

With both sides of a two-way market at 14/1, implied probabilities would sum to -86.67% above 100%: a -650.00% margin on stakes. The fair price would be 2.00 decimal each side. Try other markets in the devig calculator.

14/1 on a betting exchange

On an exchange 14/1 is worth 14.720 decimal after 2% commission and 14.300 after 5%. Compare with the bookmaker before choosing where to bet.

Effective odds on an exchange
CommissionEffective decimalEffective AmericanBreak-even
2%14.720+1,3726.79%
5%14.300+1,3306.99%

Neighbouring rungs on the ladder

Fractional prices move in fixed rungs rather than smooth steps, so a bookmaker who wants to shorten 14/1 slightly has to jump to the next rung down, and the size of that jump depends on where you are on the ladder. The nearby prices listed below are the rungs on either side of 14/1; each link opens the same set of facts for that price, which is the quickest way to see how much a one-rung move changes the implied probability and the payout.

Same price in other formats

Same price in other formats

Nearby prices

Nearby prices

  • 11/1 · 12.00 · 8.3%
  • 12/1 · 13.00 · 7.7%
  • 13/1 · 14.00 · 7.1%
  • 15/1 · 16.00 · 6.3%
  • 16/1 · 17.00 · 5.9%
  • 17/1 · 18.00 · 5.6%

Frequently asked questions

What does 14/1 mean in betting?

Fractional odds of 14/1 pay the top number in profit for every bottom number staked. A 100 stake wins 1,400.00 and returns 1,500.00. The implied probability is 6.67%.

What is 14/1 in decimal odds?

14/1 is 15.00 in decimal odds: divide the top by the bottom and add 1.

What is 14/1 in American odds?

14/1 converts to +1,400 in American odds.

Is 14/1 a good price?

A price is good only relative to the true chance. 14/1 implies 6.67%; if you believe the outcome is more likely than that, the price has value. Compare it with a devigged market to check.

Why do bookmakers use a ladder of fractions?

Tradition and readability: prices such as 6/4, 100/30 and 11/10 are quoted instead of their reduced forms because they are what racecourse bookmakers have always used. Decimal odds show the same prices with finer steps.