What is a 1 4 bet?

If you see fractional odds the other way round – such as 1/4 – this is called odds-on and means the horse in question is a hot favourite to win the race. In spoken form this is “Four-to-one on”. 1/4: For every 4 units you stake, you will receive 1 unit if you win (plus your stake).

What is a 1 4 each way bet?

This means you will be paid for your win part of your bet at the odds chosen when you placed the bet and for the place part of your bet at 1/4 of your odds.

How much do you win on 4 1 odds?

If you are confused by the odds and are never sure what your horse is going to pay if it wins, it is easy to calculate the approximate payoffs by doubling the odds and then adding in the cost of a $2 wager. For example: If the odds are 4-1, a $2 win bet would pay $10 (4 x $2 = $8 + $2 = $10).

Is 4 1 a good bet?

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 1 7 bet 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.

Understanding Betting Odds in 5 Minutes

What does 1 3 bet mean?

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. A $30 bet on 1/3 odds would return $40 total, or a $10 profit and your $10 original wager.

What is a 1 8 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.

What does a 3 4 bet mean?

A 3/4 system consists of 4 bets which transpire from 4 picks -- four 3-pick multis (parlays). At least three of the four picks must be correct to gain some winnings - the exact amount of the winnings depends on how many of the predictions prove correct.

What does a 1 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 bet of 1 2 mean?

1X2 bets are hugely popular and a simple way of betting on sports where there is the possibility of a draw. The 1 refers to a home win, the X the draw and the 2 the away win.

What does 30 to 1 odds mean?

It's common for machine games to pay odds-for-1 because the game has already taken your bet before the roll takes place. On a table that pays 30-1, if you win your bet on 12, you keep your 1-unit bet and get 30 units in winnings, for a total of 31.

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.

How much do you win on a $10 bet?

For example, if you bet $10 on 4.0 odds, the total amount returned on a winning wager would be $40 ($10x4). The potential profit is $30, or $10x4 minus the $10 stake.

What does 7 4 bet 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.

Is it better to bet each-way?

By contrast, it is seldom a good policy to back each-way rather than win only in 16-plus non-handicaps or in 5- to 7-runner handicaps. However, it should be remembered that an each-way bet is a win bet plus a place bet, so bad value with the former may more than offset better value with the latter.

What does bet 1 to 6 mean?

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.

Is a 1 2 bet good?

Are 1/2 Odds Good? 1/2 odds are good because for every £2 winning bet you will return £1 profit. The 1-2 odds reflect the chances of your selection and bookmakers will think it has a favourites chance at 1/2. At 1-2 horse odds it is unlikely to wager each-way bets and the majority will win only bets.

Is 6 4 odds good?

The 6-4 odds reflect the chances of your selection and bookmakers will think it has a good chance at 6/4. Many punters ask if 6/4 odds good or bad and the boring answer is it depends on whether it is value for money in the betting market. A 6-4 winner is good odds and a 6/4 loser is bad odds.

What does 2 4 mean in bet?

A 2/4 system consists of 6 bets which transpire from 4 picks -- six 2-pick multis (parlays). At least two of the four picks must be correct to gain some winnings - the exact amount of the winnings depends on how many of the predictions prove correct.

How does an 11 4 bet work?

11-4 Betting Odds means that out of 15 possible outcomes, the 11/4 odds are that there will be 11 of one kind of outcome and 4 of another kind of outcome. The 11-4 odds calculation means for every 15 betting events your selection should win 4 times and on 11 occasions the selection will not win.

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.

What does a 1 9 bet mean?

The 9-1 odds calculation means for every 10 betting events your selection should win 1 time and on 9 occasions the selection will not win.

What is a 1 12 bet?

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 is a 1 to 10 bet?

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.