What does a 5'2 odds 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 5 to 2 odds pay?

A winner at 5-2 means that will pay $5 profit for every $2 wagered. The payoff is $7 which is the profit ($5) plus the cost of your wager ($2).

What does 7 2 odds mean?

Seven to two odds imply that every $2 wagered could win you $7 if the bet is successful.

Are 5 to 1 odds good?

A 5-1 winner is good odds and a 5/1 loser is bad odds.

Is 7 to 2 odds good?

Are 7/2 Odds Good? 7/2 odds are great because for every £2 winning bet you will return £7 profit. The 7-2 odds reflect the chances of your selection and bookmakers will think it has a good chance at 7/2.

What are 5 to 2 odds?

Is 5 2 odds good?

5/2 odds are great because for every £2 winning bet you will return £5 profit. The 5-2 odds reflect the chances of your selection and bookmakers will think it has a good chance at 5/2.

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 does 3 to 2 odds mean?

Somewhere on the blackjack table there will be a sign that says, "blackjack pays 3 to 2". All this means is that you, the player, will get $3 for every $2 you wager. This is standard, and gives the house slightly elevated odds. If you see "Blackjack pays 6 to 5" run away from that casino.

What does 11 to 2 odds 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 do odds of 5 4 mean?

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

What does 9 to 2 odds pay?

9 to 2 odds payout

If you wager a bet on a 9/2 betting odds selection and you win, your total payout will be 5.50 which is your stake back plus 4.50 profit.

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 does 13 2 odds pay?

13 to 2 odds payout

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 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 do odds of 5 to 1 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.

How do you calculate odds?

To convert from a probability to odds, divide the probability by one minus that probability. So if the probability is 10% or 0.10 , then the odds are 0.1/0.9 or '1 to 9' or 0.111.

Are 3 to 1 odds good?

Are 3/1 Odds Good? 3/1 odds are great because for every £1 winning bet you will return £3 profit. The 3-1 odds reflect the chances of your selection and bookmakers will think it has a good chance at 3/1.

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.

Are 9 to 1 odds good?

A 9-1 winner is good odds and a 9/1 loser is bad odds.

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 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.

How much do 7 2 odds pay?

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.

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 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.