What does 9 to 1 odds mean?

9-1 Betting Odds means that out of 10 possible outcomes, the 9/1 odds are that there will be 9 of one kind of outcome and 1 of another kind of outcome. The 9-1 odds calculation means for every 10 betting events your selection should win 1 time and on 9 occasions the selection will not win.

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 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 it mean by odds of 9 to 2?

What does 9 to 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 does 5 to 1 odds mean?

For instance, they can be written either as 5/1 or 5-1 and pronounced “five-to-one”. That said, if you have “five-to-one” odds of winning, it would mean that you'd get back your stake (for example, $1) and your stake multiplied by the odds as profit (in this case of $5) – $6 in total if you win the bet.

Understanding Betting Odds in 5 Minutes

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.

Is 6 to 1 odds good?

Are 6/1 Odds Good? 6/1 odds are great because for every £1 winning bet you will return £6 profit. The 6-1 odds reflect the chances of your selection and bookmakers will think it has a good chance at 6/1. At 6-1 horse odds you could look to bet each way and still show a good profit if the selection is only placed.

Are 4 to 1 odds good?

Are 4/1 Odds Good? 4/1 odds are great because for every £1 winning bet you will return £4 profit. The 4-1 odds reflect the chances of your selection and bookmakers will think it has a good chance at 4/1.

What does 3 to 1 odds mean?

Multiplying the fractional odds by your wager shows what profit you would collect. For example, 3/1 odds mean you profit three times the amount you wagered. A $1 bet at 3/1 would pay out $4 in total, or a $3 profit and your $1 original wager. Conversely, 1/3 odds mean you profit a third of what you wagered.

What does the odds 50 to 1 mean?

50-1 Betting Odds means that out of 51 possible outcomes, the 50/1 odds are that there will be 50 of one kind of outcome and 1 of another kind of outcome. The 50-1 odds calculation means for every 51 betting events your selection should win 1 time and on 50 occasions the selection will not win.

What does 7 to 1 odds pay?

7 to 1 odds payout

If you wager a bet on a 7/1 betting odds selection and you win, your total payout will be 8.00 which is your stake back plus 7.00 profit.

What are 12 to 1 odds?

12-1 Betting Odds means that out of 13 possible outcomes, the 12/1 odds are that there will be 12 of one kind of outcome and 1 of another kind of outcome.

What are 9 to 4 odds?

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

What does it mean 30 to 1 odds?

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 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 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 does it mean by 2 to 1 odds?

2-1 Betting Odds means that out of 3 possible outcomes, the 2/1 odds are that there will be 2 of one kind of outcome and 1 of another kind of outcome. The 2-1 odds calculation means for every 3 betting events your selection should win 1 times and on 2 occasions the selection will not win.

What are 25 to 1 odds?

25-1 Betting Odds means that out of 26 possible outcomes, the 25/1 odds are that there will be 25 of one kind of outcome and 1 of another kind of outcome. The 25-1 odds calculation means for every 26 betting events your selection should win 1 time and on 25 occasions the selection will not win.

What do negative odds mean?

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.

What are 33 to 1 odds?

The 33-1 betting odds probability is a 97.06 per cent probability of a particular outcome and a 2.94 per cent probability of another outcome. The 33/1 odds implied probability means your selection has a 2.94% chance of winning and a 97.06% chance the selection will lose.

What is 35 to 1 payout?

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

Is higher 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.

What is best of the best odds?

Best of the Best is a racing win bet type whereby the bettor is guaranteed the highest price of either; the Top Fluc (top fluctuation) or the highest dividend declared by the three national totes.