What does a 3 to 5 bet mean?

Odds of 3-5 indicate that your profit will be three-fifths of a dollar. In other words, for every $5 you bet you can win $3 in profit. To determine profit, multiply the amount you bet by the fraction. If I spend $15, then my profit for winning is $9 (15 x 3/5). Ex.

How does system 3 5 bet work?

For example, you have selected five wagers, you may choose to bet on the “system 4/5”. This means that you will receive your winnings if at least four of your five wagers are correct. The same principle applies if you choose a “system 3/5”; you will receive your winnings if at least three of your wagers are correct.

What does a 5 to 2 bet mean?

The tote board does not show decimals, therefore, 5/2 odds means that the odds on a horse are 5 divided by 2, or 2.5-1. Win payoffs are calculated based on a $2.00 wager because at most tracks this is the minimum bet. Example #1: A horse that wins at 5-1 will return $5.00 for every $1.00 wagered.

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 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.

Understanding Betting Odds in 5 Minutes

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 does 8 to 5 odds mean?

What does 8 to 5 odds mean? 8-5 Betting Odds means that out of 13 possible outcomes, the 8/5 odds are that there will be 8 of one kind of outcome and 5 of another kind of outcome. 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 a 1 to 5 bet 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 a 6 5 bet mean?

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

Why do you bet $6 on 6 and 8?

A bet on the Big 6 and 8 has a 9 percent house advantage (hint: that's a lot). A place bet of $6 (since it pays 7-to-6, you place a multiple of $6) has a house advantage of just 1.5 percent.

What is a 3 to 2 bet?

Another way to think about it is, 3 to 2 is exactly the same as 1 ½. And it's a lot easier to figure out half of the bet and then add that number to the original bet. So if you have a $12 wager, half of $12 is $6. Add $6 to $12 and your answer is $18.12 x 1.5 = 18.

How much do you win on a 2 to 5 bet?

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.

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 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 is a 1 to 6 bet?

The 6-1 odds calculation means for every 7 betting events your selection should win 1 time and on 6 occasions the selection will not win.

What does a 3 to 1 bet 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 is an 8 to 1 bet?

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.

Are 5 to 2 odds good?

The 5-2 betting odds probability is a 71.43 per cent probability of a particular outcome and 28.57 per cent probability of another outcome. The 5/2 odds implied probability means your selection has a 28.57% chance of winning and a 71.43% chance the selection will lose.

What does 11 to 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.

Is 8 15 a good bet?

The 8-15 betting odds probability is a 34.78 per cent probability of a particular outcome and 65.22 per cent probability of another outcome. The 8/15 odds implied probability means your selection has a 65.22% chance of winning and a 34.78% chance the selection will lose.

What does 13 to 5 odds pay?

If you wager a bet on a 13/5 betting odds selection and you win, your total payout will be 3.6 which is your stake back plus 2.6 profit.

Are 10 to 1 odds bad?

At 10-1 horse odds you could look to bet each way and still show a good profit if the selection is only placed. Many punters ask if 10/1 odds good or bad and the boring answer is it depends on whether it is value for money in the betting market. A 10-1 winner is good odds and a 10/1 loser is bad odds.

What does 10 to 1 odds mean?

Whenever you see two numbers separated by a slash, i.e. 10/1, this is a fractional betting odd. Fractional odds allow you to calculate how much money you will win on your bet in comparison to you stake. The number on the left(e.g. 10) is how much you will win. The number on the right is how much you need to stake.