What do odds 10 3 mean?

10-3 Betting Odds means that out of 13 possible outcomes, the 10/3 odds are that there will be 10 of one kind of outcome and 3 of another kind of outcome. The 10-3 odds calculation means for every 13 betting events your selection should win 3 times and on 10 occasions the selection will not win.

What does it mean when odds are negative?

What Does It Mean When Odds Are Negative? Negative numbers (in American money line odds) are reserved for the favorite on the betting line and indicate how much you need to stake to win $100—you generally need to put down more to win $100 on the favorite.

Are 10 to 1 odds good?

A 10-1 winner is good odds and a 10/1 loser is bad odds.

What do the odds 11 to 2 mean?

11-2 Betting Odds means that out of 13 possible outcomes, the 11/2 odds are that there will be 11 of one kind of outcome and 2 of another kind of outcome. The 11-2 odds calculation means for every 13 betting events your selection should win 2 times and on 11 occasions the selection will not win.

What does 10 11 odds mean?

10-11 Betting Odds means that out of 21 possible outcomes, the 10/11 odds are that there will be 10 of one kind of outcome and 11 of another kind of outcome. The 10-11 odds calculation means for every 21 betting events your selection should win 11 times and on 10 occasions the selection will not win.

Understanding Betting Odds in 5 Minutes

What does 15 to 2 odds mean?

15-2 Betting Odds means that out of 17 possible outcomes, the 15/2 odds are that there will be 15 of one kind of outcome and 2 of another kind of outcome. The 15-2 odds calculation means for every 17 betting events your selection should win 2 times and on 15 occasions the selection will not win.

What do odds 9 2 mean?

Example #2: A horse that wins at 9-2 will return $4.50 for every $1.00 wagered. If you had placed the minimum bet of $2 on that horse to win, your payoff will be: $9.00 (4.50 x 1 x $2) + your original bet of $2 – for a total of $11. Generally, payoffs are as follows, based on a $2 wager: ODDS. PAYS.

What do odds of 1 to 5 mean?

What does 1 to 5 odds mean? 1-5 Betting Odds means that out of 6 potential outcomes, the 1/5 odds are that there will be 1 of one kind of outcome and 5 of another kind of outcome. The 1-5 odds calculation means for every 6 betting events your selection should win 5 times and on 1 occasion 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 are 7 to 2 odds?

When horse racing odds are shown in the form of 7-2, 5-1, etc, it expresses the amount of profit to the amount invested. So odds of 7-2 mean that for every $2 invested, the punter gets $7 profit in return. This means when you bet $2, the total return if the bet is successful is $9.

What do odds of 1 to 4 mean?

1/4: For every 4 units you stake, you will receive 1 unit if you win (plus your stake). 1/2: For every 2 units you stake, you will receive 1 unit if you win (plus your stake).

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 9 to 5 odds mean?

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.

Are minus odds better?

The minus sign shows you which team is favored. When you bet on the favorite you get worse payout odds on your bet since they're more likely to win. The team with a negative number (like -110) is the favorite. The number next to the minus sign is the amount you must bet to win $100 in profit.

Is it better to have negative or positive odds?

With American odds, there's a simple rule to remember on spreads and the moneyline: negative numbers indicate favorites, and positive numbers indicate underdogs.

Do you lose money on negative bets?

The negative number shows how much has to be risked to win a $100 payout. Thus, if the money line for the team that you picked was -400, it means that if you placed a successful $400 bet, you would gain $100 on payout.

What does a 20 to 1 odds mean?

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 does 6 to 5 odds mean?

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.

What does 30 to 1 odds mean?

It's common for machine games to pay odds-for-1 because the game has already taken your bet before the roll takes place. On a table that pays 30-1, if you win your bet on 12, you keep your 1-unit bet and get 30 units in winnings, for a total of 31.

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 the odds 2 to 5 mean?

What does 2 to 5 odds mean? 2-5 Betting Odds means that out of 7 possible outcomes, the 2/5 odds are that there will be 2 of one kind of outcome and 5 of another kind of outcome. The 2-5 odds calculation means for every 7 betting events your selection should win 5 times and on 2 occasions the selection will not win.

What does it mean when the odds are 35 to 1?

This means you'll win x dollars for every 1 dollar you bet. For example, a single-number bet offers a payout of 35:1. So, if you win, you'll get your dollar back plus $35.

What does the bet 17 to 2 mean?

With odds of 17-2, you divide 17 by 2, which is 8.5. So if you make a £1 bet on a horse at 17-2 and it wins, you win £8.50 (plus you get your £1 stake money back).

What do odds 8/11 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 13 odds mean?

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