What do 5 9 odds mean?

So if our odds of winning are 5 to 9, it means for every 5 times that we win, we will have 9 times when we lose. This ratio holds true and defines the “odds” and we can understand the probability by determining the total number of times that we'd play, and what fraction/percentage winning would be.

What does 5 to 7 odds mean?

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 5 8 odds mean?

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.

What does 2 to 9 odds mean?

The 9-2 odds calculation means for every 11 betting events your selection should win 2 times and on 9 occasions the selection will not win.

What does 5 to 6 odds mean?

5-6 Betting Odds means that out of 11 possible outcomes, the 5/6 odds are that there will be 5 of one kind of outcome and 6 of another kind of outcome. The 5-6 odds calculation means for every 11 betting events your selection should win 6 times and on 5 occasions the selection will not win.

Understanding Betting Odds in 5 Minutes

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.

What does 4 to 9 odds 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 does 8 to 1 odds mean?

8-1 Betting Odds means that out of 9 possible outcomes, the 8/1 odds are that there will be 8 of one kind of outcome and 1 of another kind of outcome. The 8-1 odds calculation means for every 9 betting events your selection should win 1 time and on 8 occasions the selection will not win.

What does 7 to 1 odds mean?

7-1 Betting Odds means that out of 8 possible outcomes, the 7/1 odds are that there will be 7 of one kind of outcome and 1 of another kind of outcome. The 7-1 odds calculation means for every 8 betting events your selection should win 1 time and on 7 occasions the selection will not win.

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.

What do 5 12 odds mean?

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 do odds of 5 to 4 mean?

The 5-4 betting odds probability is a 55.56 per cent probability of a particular outcome and 44.44 per cent probability of another outcome. The 5/4 odds implied probability means your selection has a 44.44% chance of winning and a 55.56% chance the selection will lose.

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 does 10 to 1 odds mean?

10-1 Betting Odds means that out of 11 possible outcomes, the 10/1 odds are that there will be 10 of one kind of outcome and 1 of another kind of outcome. The 10-1 odds calculation means for every 11 betting events your selection should win 1 time and on 10 occasions the selection will not win.

What does 40 to 1 odds mean?

If you are betting on a longshot NFL futures bet at odds of 40/1 (these fractional odds convert to +4000 in American odds; decimal odds of 41.00), your implied chance of success is 2%.

What do 8 to 11 odds mean?

8-11 Betting Odds means that out of 19 possible outcomes, the 8/11 odds are that there will be 8 of one kind of outcome and 11 of another kind of outcome. The 8-11 odds calculation means for every 19 betting events your selection should win 11 times and on 8 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.

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 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 11 5 odds mean?

11-5 Betting Odds means that out of 16 potential outcomes, the 11/5 odds are that there will be 11 of one kind of outcome and 5 of another kind of outcome. The 11-5 odds calculation means for every 16 betting events your selection should win 5 times and on 11 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 are the odds of 3 in 9?

Total: 12 events. (3 + 9). Odds = 3/9 = 1/3 = 0.3333.

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).