What is a 7-2 bet?

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.

How much do you win on 7 2?

7 to 2 odds payout

If you wager a bet on a 7/2 betting odds selection and you win, your total payout will be 4.50 which is your stake back plus 3.50 profit.

What does 7 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 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 is a 9 to 2 bet?

What does 9 to 2 odds mean? 9-2 Betting Odds means that out of 11 possible outcomes, the 9/2 odds are that there will be 9 of one kind of outcome and 2 of another kind of outcome. 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.

Understanding Betting Odds in 5 Minutes

What does 7 2 odds mean?

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 is 7 2 in decimal odds?

So for example to convert 7/2 into decimal odds, you would divide 7 by 2 and add 1, which gives you 4.5.

What is an 11 to 2 bet?

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 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).

Is 15 2 a good bet?

A 15-2 winner is good odds and a 15/2 loser is bad odds.

What do odds 3 2 mean?

What's The Difference? The difference between 3:2 blackjack and 6:5 blackjack is simple. If you have a winning blackjack hand, you get paid 3 dollars for every 2 that you bet, or 1.5:1 odds. In 6:5 you get paid $6 for every $5 you bet, which is 1.2:1 odds.

Is 7 1 a good bet?

The 7-1 betting odds probability is an 87.50 per cent probability of a particular outcome and a 12.50 per cent probability of another outcome. The 7/1 odds implied probability means your selection has a 12.50% chance of winning and an 87.50% chance the selection will lose.

What does first to 7 win by 2 mean?

SCORING A TIEBREAK GAME

Players or teams switch ends of the court every six points (e.g. when the score is 4-2), and to score this tiebreak game, you use, “zero” “one”, “two”, “three”, etc. The first player or team to win seven points, by two, wins the tiebreak.

What does a 5 2 bet payout?

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).

How much do I win if I bet $100 on odds?

The odds indicate how many times your stake will be multiplied in your total payout. For example: A $100 bet at 1.50 odds will pay out $150 ($50 profit, plus your $100 stake).

Is 13 2 a good bet?

Are 13/2 Odds Good? 13/2 odds are great because for every £2 winning bet you will return £13 profit. The 13-2 odds reflect the chances of your selection and bookmakers will think it has a good chance at 13/2. At 13-2 horse odds you could look to bet each way and still show a good profit if the selection is only placed.

What does a 13 2 bet mean?

So, if you're betting on a horse to win, in a 13 to 2 bet that horse would lose 13 times out of 15. The horse would win 2 times out of 15. This means that if you placed that bet you would statistically have a 2/15 chance of the bet winning. This statistic is not impacted by how many people place the bet.

What is a 2 from 8 bet?

A 2/8 system consists of 28 bets which transpire from 8 picks -- twenty-eight 2-pick multis (parlays). At least two of the eight 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 3 2 bet pay?

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.

How much does a $2 bet pay?

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).

Are 9 to 1 odds good?

9 to 1 Implied Probability

The 9-1 betting odds probability is a 90.00 per cent probability of a particular outcome and a 10.00 per cent probability of another outcome. The 9/1 odds implied probability means your selection has a 10.00% chance of winning and a 90.00% chance the selection will lose.

What is 7 to 2 in percentage?

Solution: 7/2 as a percent is 350%

What does 40 1 odds mean?

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%.

Are 7 5 odds good?

7 to 5 Implied Probability

The 7-5 betting odds probability is a 58.3 per cent probability of a particular outcome and a 41.7 per cent probability of another outcome. The 7/5 odds implied probability means your selection has a 41.7% chance of winning and a 58.3% chance the selection will lose.