What is 4 7 in odds?

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

What does 5 7 odds mean?

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.

How do you calculate 7 4 odds?

The maths formula for a win only bet is: (amount staked x 7) / 4 = win returns + stake back = total amount of returns.

What does 4 to 9 odds mean?

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

What does 4 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 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 5 8 odds mean?

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 do 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 do the odds 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 does 2 7 odds mean?

The first number (2) is the amount you'll win from wagering the second number (7). So for every £7 that you bet, you will get back £2 if your bet wins. You basically get back a lot less than you bet, plus your stake back. For instance, a £20 winning bet at 2/7 will payout £5.71 (plus your £20 stake is returned).

What does 1 7 odds mean?

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.

How does 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. Similarly, if a horse is at even money (ie 1-1), it's $2 profit for every $2 invested, or a total return of $4.

Are 6 to 5 odds good?

6 to 5 Implied Probability

The 6-5 betting odds probability is a 54.5 per cent probability of a particular outcome and a 45.5 per cent probability of another outcome. The 6/5 odds implied probability means your selection has a 45.5% chance of winning and a 54.5% chance the selection will lose.

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. To convert from odds to a probability, divide the odds by one plus the odds.

What does 80 to 1 odds pay kentucky derby?

Rich Strike, a late entrant in the grandest horse race, went off at 80-1 odds. Meaning a $10 Win bet on the Derby winner would've returned $818. He stunned the sports world on Saturday by winning by three-quarters of a length over second-place finisher Epicenter (4-1 favorite).

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 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 15 odds mean?

8-15 Betting Odds means that out of 23 possible outcomes, the 8/15 odds are that there will be 8 of one kind of outcome and 15 of another kind of outcome. The 8-15 odds calculation means for every 23 betting events your selection should win 15 times and on 8 occasions the selection will not win.

What does +8.5 odds mean?

If it says “Hornets +8.5”, that means that you are betting on the Hornets to either win outright, or at least lose by fewer than 8.5 points. Here's how the results breakdown: If you bet on the Celtics: If they win by 8.5 points or more, you win your bet. If they lose or win by less than 8.5 points, you lose your bet.

What does 5 to 6 odds mean?

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