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 do odds +150 mean?

A moneyline is simply a bet type that only includes Odds, as in “Odds to win”. Example: a moneyline of +150, is just +150 odds ($100 to win $150) for the listed team to win. A moneyline of -150 is just -150 odds ($150 to win $100) for the listed team to win.

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.

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 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.

BOOKING BETTING STRATEGY WITH HIGH ODDS.

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.

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 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.

Are 8-5 odds good?

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

Is 11 4 good odds?

The 11-4 betting odds probability is a 73.33 per cent probability of a particular outcome and 26.67 per cent probability of another outcome. The 11/4 odds implied probability means your selection has a 26.67% chance of winning and a 73.33% chance the selection will lose.

Are 12 5 odds good?

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

Is 16 5 good odds?

A 16-5 winner is good odds and a 16/5 loser is bad odds.

Is 7 4 odds good?

7/4 odds are great because for every £4 winning bet you will return £7 profit. The 7-4 odds reflect the chances of your selection and bookmakers will think it has a good chance at 7/4. Many punters ask if 7/4 odds good or bad and the boring answer is it depends on whether it is value for money in the betting market.

Can odds be more than 100?

Probability values can only range from 0 to 1 (0% to 100%), whereas odds can take on any value.

How good are 100 to 1 odds?

The 100-1 betting odds probability is a 99.01 per cent probability of a particular outcome and a 0.99 per cent probability of another outcome. The 100/1 odds implied probability means your selection has a 0.99% chance of winning and a 99.01% 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.

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.

Is 10 11 good odds?

10 to 11 Probability

The 10-11 betting odds probability is a 47.62 per cent probability of a particular outcome and 52.38 per cent probability of another outcome. The 10/11 odds probability means your selection has a 52.38% chance of winning and a 47.62% 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 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.

Is 20 to 1 odds bad?

The 20-1 betting odds probability is a 95.24 per cent probability of a particular outcome and 4.76 per cent probability of another outcome. The 20/1 odds implied probability means your selection has a 4.76% chance of winning and a 95.24% chance the selection will lose.

Is 12 to 1 odds good?

12 to 1 Implied Probability

The 12-1 betting odds probability is a 92.31 per cent probability of a particular outcome and a 7.69 per cent probability of another outcome. The 12/1 odds implied probability means your selection has a 7.69% chance of winning and a 92.31% chance the selection will lose.

How good are 7 1 odds?

The 7-1 betting odds probability is an 87.50 per cent probability of a particular outcome and a 12.50 per cent probability of another outcome. The 7/1 odds implied probability means your selection has a 12.50% chance of winning and an 87.50% chance the selection will lose.

Is 11 8 good odds?

11 to 8 Implied Probability

The 11-8 betting odds probability is a 57.89 per cent probability of a particular outcome and 42.11 per cent probability of another outcome. The 11/8 odds implied probability means your selection has a 42.11% chance of winning and a 57.89% chance the selection will lose.