What does it mean when the odds are 7 to 5?

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 7 to 4 odds mean?

7-4 Betting Odds means that out of 11 possible outcomes, the 7/4 odds are that there will be 7 of one kind of outcome and 4 of another kind of outcome. The 7-4 odds calculation means for every 11 betting events your selection should win 4 times and on 7 occasions the selection will not win.

What does 9 to 5 odds mean?

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 odds 6 to 5 mean?

What does 6 to 5 odds 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.

What are 8 to 5 odds?

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.

Understanding Betting Odds in 5 Minutes

What does 11 to 5 odds pay?

11 to 5 odds payout

If you wager a bet on a 11/5 betting odds selection and you win, your total payout will be 3.2 which is your stake back plus 2.2 profit.

What do odds of 6 to 4 mean?

6-4 Betting Odds means that out of 10 possible outcomes, the 6/4 odds are that there will be 6 of one kind of outcome and 4 of another kind of outcome. The 6-4 odds calculation means for every 10 betting events your selection should win 4 times and on 6 occasions the selection will not win.

What do the odds 3 to 5 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.

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.

How does 7 to 2 odds pay?

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 odds of 4 to 11 mean?

4-11 Betting Odds means that out of 15 potential outcomes, the 4/11 odds are that there will be 4 of one kind of outcome and 11 of another kind of outcome. The 4-11 odds calculation means for every 15 betting events your selection should win 11 times and on 4 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.

How do you read odds?

The number that follows the negative symbol (the odds) reveals how much to bet for every $100 you want to win. For example, as explained above, if the team you're betting has -110 odds, you need to wager $110 to win $100. If your team has -150 odds, you must risk $150 to win $100.

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 5 to 1 odds good?

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

What does it mean when odds are negative?

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 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.

What are 4 to 5 odds?

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 the odds 2 to 5 mean?

What does 2 to 5 odds mean? 2-5 Betting Odds means that out of 7 possible outcomes, the 2/5 odds are that there will be 2 of one kind of outcome and 5 of another kind of outcome. The 2-5 odds calculation means for every 7 betting events your selection should win 5 times and on 2 occasions the selection will not win.

What do the odds 2 to 9 mean?

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 do odds of 1 to 5 mean?

What does 1 to 5 odds 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 13 to 5 odds pay?

13 to 5 odds payout

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.

What are 3 to 10 odds?

10-3 Betting Odds means that out of 13 possible outcomes, the 10/3 odds are that there will be 10 of one kind of outcome and 3 of another kind of outcome. The 10-3 odds calculation means for every 13 betting events your selection should win 3 times and on 10 occasions the selection will not win.

What does 40 to 1 odds mean?

It suggests you have a 50/50 chance of success. 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%.