How good are 9 5 odds?

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.

What does 9 to 5 odds mean in horse racing?

Horse racing odds are expressed in whole numbers, so 1.8 is converted to 9-5 odds. This means that a bettor would win $9 USD for every $5 USD that he or she bets. The bettor also would receive back the amount or his or her original bet, so the total payout for a winning $5 USD bet, in this case, would be $14 USD.

Are 9 to 1 odds good?

9 to 1 Implied Probability

The 9-1 betting odds probability is a 90.00 per cent probability of a particular outcome and a 10.00 per cent probability of another outcome. The 9/1 odds implied probability means your selection has a 10.00% chance of winning and a 90.00% 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 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.

Understanding Betting Odds in 5 Minutes

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.

Is 9 4 odds good?

Are 9/4 Odds Good? 9-4 odds are great because for every £4 winning bet you will return £9 profit. The 9-4 odds reflect the chances of your selection and bookmakers will think it has a good chance at 9/4.

Is 9 2 a good bet?

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.

Are 6 5 odds good?

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

What does +8.5 odds mean?

If it says “Hornets +8.5”, that means that you are betting on the Hornets to either win outright, or at least lose by fewer than 8.5 points. Here's how the results breakdown: If you bet on the Celtics: If they win by 8.5 points or more, you win your bet. If they lose or win by less than 8.5 points, you lose your bet.

Do high odds horses ever win?

The favourite usually wins a horse racing around 30-35% of the time. And if you were wondering, the second favourite usually wins around 18-21% of the time. As you might expect, going down the market leads to a lower winning percentage.

What is the most profitable way to bet on horse racing?

The Accumulator and other multiple horse bets (pick 6) are the most profitable horse racing bets and the riskiest. To win an Accumulator bet, you must correctly forecast the winner of six races before the start of the first race.

What are best odds in horse racing?

The "longshots" have the least amount of money wagered on them and therefore have the highest odds. The racetrack handles the money, keeps a percentage (called a “take-out”) and calculates the horses' odds based on the amount of money wagered on each horse.

How often do 100 1 horses win?

Over the course of the history of the Grand National, five horses have won the race at 100/1 odds. These five horses are tied for the longest odds of any winner of the race. Some of these long shots have fascinating stories to accompany their legendary rides and will go down in horse racing history as a result.

Is 8 15 a good bet?

The 8-15 betting odds probability is a 34.78 per cent probability of a particular outcome and 65.22 per cent probability of another outcome. The 8/15 odds implied probability means your selection has a 65.22% chance of winning and a 34.78% chance the selection will lose.

What does 80 to 1 odds pay kentucky derby?

Rich Strike, a late entrant in the grandest horse race, went off at 80-1 odds. Meaning a $10 Win bet on the Derby winner would've returned $818. He stunned the sports world on Saturday by winning by three-quarters of a length over second-place finisher Epicenter (4-1 favorite).

Is Big 6 8 a good bet?

Craps is all about the odds, and the 6 and 8 are decent bets, because only the 7 is rolled more frequently. A bet on that giant 6 and 8 pays even money (bet $5, and if a 6 or 8 is rolled, you win $5), and your bet stays up until a shooter “sevens out.” (That never happens! Actual results may vary.)

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 8 to 1 odds good?

8 to 1 Implied Probability

The 8-1 betting odds probability is an 88.89 per cent probability of a particular outcome and an 11.11 per cent probability of another outcome. The 8/1 odds implied probability means your selection has an 11.11% chance of winning and an 88.89% chance the selection will lose.

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.

How good are 20 to 1 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.

Are 12 5 odds good?

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

Are 30 to 1 odds good?

With the standard 30-1 you'd get at most craps tables, bets on 2, 12 or hard hop bets give the house a 13.89 percent edge. If the payoff is 31-1, the edge drops only to 11.11 percent. True odds are 35-1, so there's a long way to go from 30-1 before these become viable bets.