What does 11 2 odds pay?

11 to 2 odds payout

If you wager a bet on an 11/2 betting odds selection and you win, your total payout will be 6.50 which is your stake back plus 5.50 profit.

How much do I win if I bet $100 on odds?

The odds indicate how many times your stake will be multiplied in your total payout. For example: A $100 bet at 1.50 odds will pay out $150 ($50 profit, plus your $100 stake).

How much is 11 to 10 odds?

The 11-10 betting odds probability is a 52.38 per cent probability of a particular outcome and 47.62 per cent probability of another outcome. The 11/10 odds implied probability means your selection has a 47.62% chance of winning and a 57.89% chance the selection will lose.

How much does 11 4 odds pay?

If you wager a bet on a 11/4 betting odds selection and you win, your total payout will be 3.75 which is your stake back plus 2.75 profit.

How much does 15 2 odds pay?

If you wager a bet on a 15/2 betting odds selection and you win, your total payout will be 8.50 which is your stake back plus 7.50 profit.

Understanding Betting Odds in 5 Minutes

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).

How much do 9 2 odds pay?

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.

Is 11 5 odds good?

11 to 5 Implied Probability

The 11-5 betting odds probability is a 68.8 per cent probability of a particular outcome and a 31.2 per cent probability of another outcome. The 11/5 odds implied probability means your selection has a 31.2% chance of winning and a 68.8% chance the selection will lose.

What does 11 8 odds pay?

11 to 8 odds payout

If you wager a bet on an 11/8 betting odds selection and you win, your total payout will be 2.375 which is your stake back plus 1.375 profit.

How much does 50 1 odds pay?

If you wager a bet on a 50/1 betting odds selection and you win, your total payout will be 51.00 which is your stake back plus 50.00 profit.

What does 13 2 odds pay?

If you wager a bet on a 13/2 betting odds selection and you win, your total payout will be 7.50 which is your stake back plus 6.50 profit.

What does 12 to 5 odds pay?

If you wager a bet on a 12/5 betting odds selection and you win, your total payout will be 3.4 which is your stake back plus 2.4 profit.

What does 20 to 1 odds pay?

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 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 is the payout for 7 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 12 to 1 odds pay?

If you wager a bet on a 12/1 betting odds selection and you win, your total payout will be 13.00 which is your stake back plus 12.00 profit.

Is 10 11 a good bet?

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.

What is the payout for 10 to 1 odds?

10 to 1 odds payout

If you wager a bet on a 10/1 betting odds selection and you win, your total payout will be 11.00 which is your stake back plus 10.00 profit.

What does 9 2 odds mean?

9-2 Betting Odds means that out of 11 possible outcomes, the 9/2 odds are that there will be 9 of one kind of outcome and 2 of another kind of outcome. 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 are the odds of 7 or 11?

The probability of winning on the first roll is the probability of rolling 7 or 11, which is 1/6 plus 1/18, which equals to 2/9. Suppose we roll 4 on the first roll (the probability of rolling 4 is 1/12). On each successive roll the probability of rolling 7 is 1/6 and the probability of rolling 4 is 1/12.

How does 11 2 odds work?

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 30 to 1 odds pay?

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.