What is 11 4 in odds?

The 11-4 betting odds probability is a 73.33 per cent probability of a particular outcome and 26.67 per cent probability of another outcome. The 11/4 odds implied probability means your selection has a 26.67% chance of winning and a 73.33% chance the selection will lose.

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 does 11 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 11 10 good odds?

Many punters ask if 11-10 odds good or bad and the boring answer is it depends on whether it is value for money in the betting market. A 11-10 winner is good odds and a 11/10 loser is bad odds.

What do odds 11 2 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.

Understanding Betting Odds in 5 Minutes

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 a minus 11 spread mean?

If the team has a minus sign, that means they're the favorite and they'll have to win by the specified number or more for you to win your bet. If the team has a plus, that means they're the underdog and they'll have to either win the game or lose by less than the specified number for you to win.

What does 11 8 odds mean?

11-8 Betting Odds means that out of 19 possible outcomes, the 11/8 odds are that there will be 11 of one kind of outcome and 8 of another kind of outcome. The 11-8 odds calculation means for every 19 betting events your selection should win 8 times and on 11 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 are the odds 10 to 3 mean?

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.

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.

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 do 1 to 10 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.

Are minus odds better?

The minus sign shows you which team is favored. When you bet on the favorite you get worse payout odds on your bet since they're more likely to win. The team with a negative number (like -110) is the favorite. The number next to the minus sign is the amount you must bet to win $100 in profit.

How do odds work minus?

A "minus" (-) preceding the number indicates the team is a favorite. A "plus" (+) preceding the number indicates the team is an underdog. Bet No. The Dolphins' odds are -180, meaning an $18 bet would win $10 for a return of $28.

Is it good to have negative odds?

Negative odds indicate favorites, and underdogs have positive odds. The range between the odds can indicate the closeness of the matchup in the eyes of the sportsbook, while the pricing may differ at competing sportsbooks.

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 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.

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 12 to 1 odds mean?

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. The 12-1 odds calculation means for every 13 betting events your selection should win 1 time and on 12 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 are 9 to 5 odds?

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 a negative 4.5 Spread mean?

Betting Line

Following this example, the Chiefs are at -4.5. This means that in order to win on the point spread or cover, Kansas City would need to win the game by five points or more.

What does a negative 3.5 Spread mean?

In the simplest terms, a negative spread indicates the favorite, which is the side that's expected to win the matchup. A negative point spread really means that team has some work to do. For a negative spread bet to hit, the team has to beat its opponent by a margin greater than the point spread.

What is a minus 4.5 Spread?

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.