What is a 9 1 bet?

9/1 can be calculated as 1 / (9 + 1) = 0.10 – There is a 10% chance that the event will happen. 4/1 can be calculated as 1 / (4 + 1) = 0.20 – There is a 20% chance that the event will happen. 1/1 can be calculated as 1 / (1 + 1) = 0.50 – There is a 50% chance that the event will happen.

What does a 9-2 bet pay?

Example #2: A horse that wins at 9-2 will return $4.50 for every $1.00 wagered. If you had placed the minimum bet of $2 on that horse to win, your payoff will be: $9.00 (4.50 x 1 x $2) + your original bet of $2 – for a total of $11.

What does 9-2 odds to win mean?

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.

What does an 8 1 bet 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 does a 10 1 bet 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.

Understanding Betting Odds in 5 Minutes

What is a 6 1 bet?

A fractional listing of 6/1 (six-to-one) odds would mean that you win $6 against every $1 you wager and receive your dollar back (i.e., the amount you wagered).

What is a 12 1 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 does 9 1 odds pay?

If you wager a bet on a 9/1 betting odds selection and you win, your total payout will be 10.00 which is your stake back plus 9.00 profit.

What is a 16 1 bet?

16-1 Betting Odds means that out of 17 possible outcomes, the 16/1 odds are that there will be 16 of one kind of outcome and 1 of another kind of outcome. The 16-1 odds calculation means for every 17 betting events your selection should win 1 time and on 16 occasions the selection will not win.

Is 30 1 a good bet?

With the standard 30-1 you'd get at most craps tables, bets on 2, 12 or hard hop bets give the house a 13.89 percent edge. If the payoff is 31-1, the edge drops only to 11.11 percent. True odds are 35-1, so there's a long way to go from 30-1 before these become viable bets.

Are 9 to 5 odds good?

9 to 5 Implied Probability

The 9-5 betting odds probability is a 64.3 per cent probability of a particular outcome and a 35.7 per cent probability of another outcome. The 9/5 odds implied probability means your selection has a 35.7% chance of winning and a 64.3% chance the selection will lose.

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%.

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 does a 20 1 bet pay?

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.

Is 9 4 a good bet?

The 9-4 betting odds probability is a 69.23 per cent probability of a particular outcome and 30.77 per cent probability of another outcome. The 9/4 odds implied probability means your selection has a 30.77% chance of winning and a 69.23% chance the selection will lose.

What does a 7 2 bet mean?

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.

What does a 50 1 bet pay?

If you wager a bet on a 50/1 betting odds selection and you win, your total payout will be 51.00 which is your stake back plus 50.00 profit.

Is 25 1 a good bet?

Many punters ask if 25/1 odds good or bad and the boring answer is it depends on whether it is value for money in the betting market. A 25-1 winner is good odds and a 25/1 loser is bad odds.

What do 33 to 1 odds pay?

If you wager a bet on a 33/1 betting odds selection and you win, your total payout will be 34.00 which is your stake back plus 33.00 profit.

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.

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 is a 14 1 bet?

14-1 Betting Odds means that out of 15 possible outcomes, the 14/1 odds are that there will be 14 of one kind of outcome and 1 of another kind of outcome. The 14-1 odds calculation means for every 15 betting events your selection should win 1 time and on 14 occasions the selection will not win.

How does a 4 1 bet work?

So: 4/1: For every 1 unit you stake, you will receive 4 units if you win (plus your stake). 7/2: For every 2 units you stake, you will receive 7 units if you win (plus your stake). 9/4: For every 4 units you stake, you will receive 9 units if you win (plus your stake).

What is a 100 1 bet?

100-1 Betting Odds means that out of 101 possible outcomes, the 100/1 odds are that there will be 100 of one kind of outcome and 1 of another kind of outcome. The 100-1 odds calculation means for every 101 betting events your selection should win 1 time and on 100 occasions the selection will not win.