What does 4 5 odds mean in horse racing?

What does 4 to 5 odds mean? 4-5 Betting Odds means that out of 9 potential outcomes, the 4/5 odds are that there will be 4 of one kind of outcome and 5 of another kind of outcome. The 4-5 odds calculation means for every 9 betting events your selection should win 5 times and on 4 occasions the selection will not win.

What does 8 5 odds pay in horse racing?

If you wager a bet on a 8/5 betting odds selection and you win, your total payout will be 2.6 which is your stake back plus 1.6 profit.

What does 7 to 5 odds mean in horse racing?

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?

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.

What do +6.5 odds mean?

Giants +6.5

In this case, if you bet on the Dolphins to win, and they win by 7, you win. If they win by 6, you lose. If the Giants lose by 7 points, you lose your bet. If they lose by 6 points, you'll win.

Probability & Statistics (24 of 62) Calculating the Odds and Horse Racing

Is 4 5 a good bet?

Many punters ask if 4/5 odds good or bad and the boring answer is it depends on whether it is value for money in the betting market. A 4-5 winner is good odds and a 4/5 loser is bad odds.

What's the best odds in horse racing?

The "longshots" have the least amount of money wagered on them and therefore have the highest odds. The racetrack handles the money, keeps a percentage (called a “take-out”) and calculates the horses' odds based on the amount of money wagered on each horse.

What is the best bet to make in horse racing?

The safest bet in horse racing is an each-way single bet. A single bet means you do not need multiple horses for you to receive a return for your bet.

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).

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 does 30 to 1 odds mean in horse racing?

For example, a $2 wager at odds of 30/1 would return $60 in profits ($2 x 30/1). Add in the return of your original stake, and the return would be $62. Likewise, a $2 bet placed at 10/1 would return $20 plus your initial wager.

Is 4 7 odds good?

The 4-7 odds reflect the chances of your selection and bookmakers will think it has a good chance at 4/7. Many punters ask if 4/7 odds good or bad and the boring answer is it depends on whether it is value for money in the betting market. A 4-7 winner is good odds and a 4/7 loser is bad odds.

How much is a $2 win place show bet?

Win/Place or Place/Show: Simply a combination of win & place or place & show. There are two combinations, so a $2 bet would cost $4 in total.

What does 2 5 odds pay?

If you wager a bet on a 2/5 betting odds selection and you win, your total payout will be 1.4 which is your stake back plus 0.4 profit.

What is the hardest bet to win in horse racing?

The granddaddy of all horse betting strategies is the Superfecta, the toughest bet in all of horse racing. The Superfecta is picking the top four finishers in exact order. Minimum entries 6 for a bet to be official.

What is the easiest bet in horse racing?

$3.00. The easiest wager in horse racing, a show bet pays off if your horse finishes first, second, or third. Payoffs are usually smaller than those generated by win or place bets. You win the wager if your horse finishes first, second, or third.

What is the most common number to win horse racing?

The most successful post position in history is the number five, which has produced four winners since 2000 and 11 percent of all winners. Other relatively successful post positions include the number ten (10.7% winners) and the number 15 with 10.2%.

What does 4 5 spread mean?

In basketball, you might see a point spread of -4.5/+4.5, which means the favored team will need to win the game by five points or more for your bet to cover the spread. If you bet on the underdog, they simply need to win the game or lose the game by less than four points. If they lose by five, your bet won't cash.

What is 4 5 in American odds?

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

What does 4 out of 5 mean?

Answer: 4 out of 5 can be written as 4/5 and is equal to 80%. Let's understand the conversion of a fraction to a percentage.

What does +4.5 mean in odds?

+4.5. -110. As you can see, Dallas is the 4.5-point favorite, which means the Cowboys would need to win the game by five points or more to win the bet. Conversely, New York is a 4.5-point underdog, which means to win the bet the Giants would need to win outright or not lose the game by more than four points.

What is +4.5 odds?

A bet on Over 4.5 Goals is a bet that 5 or more goals will be scored during the match. In other words, if a scoreline has five or more goals in it, Over 4.5 goals will win. A winning score could be 3-2, 2-3, 3-3, 5-0, 0-5, 4-1, 1-4, 2-5, etc.

Are bigger odds better?

Odds show how much money you will win, if you bet on an event to happen. The higher the odds are, the more you will win, relative to your stake.