Are 6-5 odds good?

A 6-5 winner is good odds and a 6/5 loser is bad odds.

What does a 6 5 odds bet mean?

6-5 odds. Spoken: 6 to 5 odds. Meaning: You will get $6 in profit for every $5 you wager. Actual Payout: 6 divided by 5 plus 1 = 2.2 times original $5 wager = $11.00 Payout.

Are 7 5 odds good?

7 to 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.

What is 6 5 American odds?

Equation: (numerator/denominator) + 1 = decimal odds Example: 6/5 is equal to 2.20. Divide 6 by 5. This equals 1.20.

Are 6 to 5 odds good?

6 to 5 Implied Probability

The 6-5 betting odds probability is a 54.5 per cent probability of a particular outcome and a 45.5 per cent probability of another outcome. The 6/5 odds implied probability means your selection has a 45.5% chance of winning and a 54.5% chance the selection will lose.

What Casinos Don't Want You To Know About 6:5 Blackjack

What does 6-5 odds pay in horse racing?

A winning $5 bet on a horse sent off at 6-5 would return $11 – $6 of profit plus original $5 wager. Bettors can also place exotic wagers on more than one horse and more than one race. Each exotic bet has its own pool, which determine the payoffs.

Are 9 to 5 odds good?

9 to 5 Implied Probability

The 9-5 betting odds probability is a 64.3 per cent probability of a particular outcome and a 35.7 per cent probability of another outcome. The 9/5 odds implied probability means your selection has a 35.7% chance of winning and a 64.3% chance the selection will lose.

Are 8-5 odds good?

A 8-5 winner is good odds and a 8/5 loser is bad odds.

Are 12 5 odds good?

A 12-5 winner is good odds and a 12/5 loser is bad odds.

What do +6.5 odds mean?

Giants +6.5

In this case, if you bet on the Dolphins to win, and they win by 7, you win. If they win by 6, you lose. If the Giants lose by 7 points, you lose your bet. If they lose by 6 points, you'll win.

What are considered high odds?

What are high odds? High odds would be something like 99-to-1 against. If you bet on a team with those odds, you'd be happy if they won because you'd win a lot of money, but these aren't the odds you want if you need something to happen because 99-to-1 is a long shot.

What does 6 to 5 odds mean in craps?

The Pay Out

The true odds of rolling the numbers six and eight are 6 to 5 but a winning place bet on these numbers pays $7 to $6, so you must make your place bets on these numbers in multiples of six dollars. The house edge on the 6 and 8 is only 1.52 percent which makes it a very good bet.

How good is 4 5 odds?

The 4-5 betting odds probability is a 44.4 per cent probability of a particular outcome and a 55.6 per cent probability of another outcome. The 4/5 odds implied probability means your selection has a 55.6% chance of winning and a 44.4% chance the selection will lose.

Are 10 to 1 odds bad?

At 10-1 horse odds you could look to bet each way and still show a good profit if the selection is only placed. Many punters ask if 10/1 odds good or bad and the boring answer is it depends on whether it is value for money in the betting market. A 10-1 winner is good odds and a 10/1 loser is bad odds.

How good is 7 4 odds?

The 7-4 betting odds probability is a 63.64 per cent probability of a particular outcome and 36.36 per cent probability of another outcome. The 7/4 odds implied probability means your selection has a 36.36% chance of winning and a 63.64% chance the selection will lose.

Are 9 to 2 odds good?

9 to 2 Implied Probability

The 9-2 betting odds probability is an 81.82 per cent probability of a particular outcome and an 18.18 per cent probability of another outcome. The 9/2 odds implied probability means your selection has an 18.18% chance of winning and an 81.82% chance the selection will lose.

How good is 7 2 odds?

The 7-2 betting odds probability is a 77.78 per cent probability of a particular outcome and 22.22 per cent probability of another outcome. The 7/2 odds implied probability means your selection has a 22.22% chance of winning and a 77.78% chance the selection will lose.

Is 2 5 odds good?

2 to 5 Implied Probability

The 2-5 betting odds probability is a 28.6 per cent probability of a particular outcome and a 71.4 per cent probability of another outcome. The 2/5 odds implied probability means your selection has a 71.4% chance of winning and a 28.6% chance the selection will lose.

Is 13 5 good odds?

13 to 5 Implied Probability

The 13-5 betting odds probability is a 72.2 per cent probability of a particular outcome and a 27.8 per cent probability of another outcome. The 13/5 odds implied probability means your selection has a 27.8% chance of winning and a 72.2% chance the selection will lose.

Are 6 to 1 odds good?

6 to 1 Implied Probability

The 6-1 betting odds probability is an 85.71 per cent probability of a particular outcome and a 14.29 per cent probability of another outcome. The 6/1 odds implied probability means your selection has a 14.29% chance of winning and an 85.71% chance the selection will lose.

Is 20 to 1 good odds?

What 20-to-1 means: When you see 20-to-1 odds, you're looking at a long shot that is unlikely to win. In fact, the implied win probability for a team that's 20-to-1 is 4.76%. However, should that long shot come in, it would pay out $20 for every $1 wagered.

What is the highest odds on a horse ever?

The longest odds for a winning horse at the Grand National is 100/1 and was achieved by Tipperary Tim (1928), Gregalach (1929), Caughoo (1947), Foinavon (1967) and Mon Mome (2009).