In betting, 1/1 (read as "one to one" or "evens") is a fractional odds format that indicates the potential winnings are equal to the amount staked. It is also known as "even money".
Payout Calculation
If you place a winning bet at 1/1 odds, you will receive your original stake back plus an equal amount in profit.
Example:If you place a £10 bet at 1/1 odds and win:
Meaning and Equivalents
Other Uses in Specific Markets
In some specific betting markets, particularly soccer, "1/1" can have a different meaning within a Half Time/Full Time (HT/FT) bet.
In the context of online gambling and sports betting in the United Kingdom, a betting odd of 1/1, often expressed as "evens" or "even money," is a common term used across various UK-licensed operators. This odd indicates that the potential profit on a bet will be the same amount as the stake. For example, if you bet £10 at odds of 1/1, you would win £10 (plus your original £10 stake back), making your total return £20.
Several reputable and UK Gambling Commission-regulated operators offer betting opportunities at odds of 1/1. Here are a few notable examples:
1. bet365: As one of the leading online betting companies in the UK, bet365 offers a wide range of betting options across sports and events worldwide. Licensed and regulated by the UK Gambling Commission, bet365 is known for its comprehensive live betting service and user-friendly interface. The company's strength lies in its extensive market coverage and competitive odds, including 1/1 odds where applicable.
2. William Hill: Another giant in the UK betting industry, William Hill is renowned for its sportsbook and betting shops across the country. Regulated by the UK Gambling Commission, William Hill offers a vast array of betting markets, including those with 1/1 odds. The company is known for its strong market presence, live streaming services, and regular promotions.
3. Ladbrokes: A brand with a long history in the UK betting scene, Ladbrokes is a popular choice among bettors for its sports betting and gaming services. Licensed by the UK Gambling Commission, Ladbrokes provides competitive odds, including 1/1, across a wide range of sports. The operator is noted for its in-play betting options and innovative features like betting exchanges.
4. Coral: Coral is another well-established name in the UK gambling industry, offering both online and retail betting services. Regulated by the UK Gambling Commission, Coral provides a broad selection of betting markets with competitive odds, including 1/1 odds. The company is known for its user-friendly platform and regular betting offers.
5. Paddy Power: Known for its distinctive brand and innovative marketing, Paddy Power is a leading operator in the UK and Ireland. Licensed by the UK Gambling Commission, Paddy Power offers a wide variety of betting options, with 1/1 odds available on many markets. The company stands out for its unique promotions, money-back specials, and commitment to responsible gambling.
Each of these operators is regulated by the UK Gambling Commission, ensuring they adhere to strict standards of fairness, customer protection, and responsible gambling. When choosing an operator for betting at odds of 1/1, it's important to consider factors such as the range of markets, the quality of odds, and the overall user experience.