What are odds of 4 5 mean?

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.

How much does 4-5 odds pay?

This is why 'odds-on' horses still give you a profit, so if your horse goes off at 4-5 this is basically 0.8 to 1 which is a negative, but you would still return your stake too. So a winning $50 bet at 4-5 would return a total of $90, giving you a profit of $40.

What does 2 5 odds mean?

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.

What does 4 to 7 odds mean?

4-7 Betting Odds means that out of 11 possible outcomes, the 4/7 odds are that there will be 4 of one kind of outcome and 7 of another kind of outcome. The 4-7 odds calculation means for every 11 betting events your selection should win 7 times and on 4 occasions the selection will not win.

What does 3 5 odds mean?

Odds of 3-5 indicate that your profit will be three-fifths of a dollar. In other words, for every $5 you bet you can win $3 in profit. To determine profit, multiply the amount you bet by the fraction. If I spend $15, then my profit for winning is $9 (15 x 3/5). Ex.

Over And Under Betting Explained | Over 2.5 | Over 1.5 | Sports Betting Strategy

What do odds of 4 to 11 mean?

4-11 Betting Odds means that out of 15 potential outcomes, the 4/11 odds are that there will be 4 of one kind of outcome and 11 of another kind of outcome. The 4-11 odds calculation means for every 15 betting events your selection should win 11 times and on 4 occasions the selection will not win.

What does odds 4 9 mean?

4-9 Betting Odds means that out of 13 possible outcomes, the 4/9 odds are that there will be 4 of one kind of outcome and 9 of another kind of outcome. The 4-9 odds calculation means for every 13 betting events your selection should win 9 times and on 4 occasions the selection will not win.

What do odds of 4 6 mean?

The 4-6 betting odds probability is a 40 per cent probability of a particular outcome and 60 per cent probability of another outcome. The 4/6 odds implied probability means your selection has a 60% chance of winning and a 40% chance the selection will lose.

What does 8 to 5 odds mean?

What does 8 to 5 odds mean? 8-5 Betting Odds means that out of 13 possible outcomes, the 8/5 odds are that there will be 8 of one kind of outcome and 5 of another kind of outcome. The 8-5 odds calculation means for every 13 betting events your selection should win 5 times and on 8 occasions the selection will not win.

Are 6 5 odds good?

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

What does 6 5 odds pay?

In 6:5 you get paid $6 for every $5 you bet, which is 1.2:1 odds. It may seem like a small difference but it makes a huge difference in your expected outcome.

What does 9 to 5 odds mean?

9-5 Betting Odds means that out of 14 potential outcomes, the 9/5 odds are that there will be 9 of one kind of outcome and 5 of another kind of outcome. The 9-5 odds calculation means for every 14 betting events your selection should win 5 times and on 9 occasions the selection will not win.

How do you read odds?

Whereas negative (-) odds tell you what you have to bet on the favorite to win $100, positive (+) odds tell you how much you'll win for every $100 you wager on the underdog. So, a team with odds of +120 would payout $120 for every $100 wager.

How do you calculate odds?

To convert from a probability to odds, divide the probability by one minus that probability. So if the probability is 10% or 0.10 , then the odds are 0.1/0.9 or '1 to 9' or 0.111. To convert from odds to a probability, divide the odds by one plus the odds.

What if odds are 4 to 1?

4 to 1 Implied Probability

The 4-1 betting odds probability is an 80.00 per cent probability of a particular outcome and a 20.00 per cent probability of another outcome. The 4/1 odds implied probability means your selection has a 20.00% chance of winning and an 80.00% chance the selection will lose.

What does odds of 13 to 8 mean?

13-8 Betting Odds means that out of 21 possible outcomes, the 13/8 odds are that there will be 13 of one kind of outcome and 8 of another kind of outcome. The 13-8 odds calculation means for every 21 betting events your selection should win 8 times and on 13 occasions the selection will not win.

What is 4 5 in decimal odds?

Fractional odds of 4/5 are therefore equivalent to American odds of -125 and decimal odds of 1.80.

What does 12 to 5 odds mean?

12-5 Betting Odds means that out of 17 possible outcomes, the 12/5 odds are that there will be 12 of one kind of outcome and 5 of another kind of outcome. The 12-5 odds calculation means for every 17 betting events your selection should win 5 times and on 12 occasions the selection will not win.

What does 3 4 5 odds mean?

Because the Odds has zero house edge the player can only bet so much on it compared to his Pass bet. Most casinos allow what is known as "3- 4-5X Odds." This means the player may bet up to three times his Pass bet on the odds after a point of a 4 or 10, four times after a 5 or 9, and five times after a 6 or 8.

What does 7 to 5 odds mean?

7-5 Betting Odds means that out of 12 potential outcomes, the 7/5 odds are that there will be 7 of one kind of outcome and 5 of another kind of outcome. The 7-5 odds calculation means for every 12 betting events your selection should win 5 times and on 7 occasions the selection will not win.

What does 13 5 odds mean?

13-5 Betting Odds means that out of 18 possible outcomes, the 13/5 odds are that there will be 13 of one kind of outcome and 5 of another kind of outcome. The 13-5 odds calculation means for every 18 betting events your selection should win 5 times and on 13 occasions the selection will not win.

What does 8 to 15 odds mean?

8-15 Betting Odds means that out of 23 possible outcomes, the 8/15 odds are that there will be 8 of one kind of outcome and 15 of another kind of outcome. The 8-15 odds calculation means for every 23 betting events your selection should win 15 times and on 8 occasions the selection will not win.