What is an 11 8 bet?

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 11 8 odds return?

For instance, a £1 winning bet at 11/8 will payout £1.37 (plus your £1 stake is returned). If you increase the stake to £5, you'll get £6.87 back (plus £5 stake). The maths formula for a win-only bet is: (amount staked x 11) / 8 = win returns + stake back = total amount of returns.

What does an 11 4 bet mean?

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 does 13 8 bet mean?

13-8 Betting Odds means that out of 21 possible outcomes, the 13/8 odds are that there will be 13 of one kind of outcome and 8 of another kind of outcome. The 13-8 odds calculation means for every 21 betting events your selection should win 8 times and on 13 occasions the selection will not win.

How much do you win on 11 2 odds?

11 to 2 odds payout

If you wager a bet on an 11/2 betting odds selection and you win, your total payout will be 6.50 which is your stake back plus 5.50 profit.

Big 8 bet for the Big Win? Craps Strategy Challenge

Is 11 10 good odds?

The 11-10 betting odds probability is a 52.38 per cent probability of a particular outcome and 47.62 per cent probability of another outcome. The 11/10 odds implied probability means your selection has a 47.62% chance of winning and a 57.89% chance the selection will lose.

Is 11 5 odds good?

11 to 5 Implied Probability

The 11-5 betting odds probability is a 68.8 per cent probability of a particular outcome and a 31.2 per cent probability of another outcome. The 11/5 odds implied probability means your selection has a 31.2% chance of winning and a 68.8% chance the selection will lose.

Why do you bet $6 on 6 and 8?

A bet on the Big 6 and 8 has a 9 percent house advantage (hint: that's a lot). A place bet of $6 (since it pays 7-to-6, you place a multiple of $6) has a house advantage of just 1.5 percent.

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 is 5 8 on a bet?

A 5/8 system consists of 56 bets which transpire from 8 picks -- fifty-six 5-pick multis (parlays). At least five 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.

Is 11 8 good odds?

11 to 8 Implied Probability

The 11-8 betting odds probability is a 57.89 per cent probability of a particular outcome and 42.11 per cent probability of another outcome. The 11/8 odds implied probability means your selection has a 42.11% chance of winning and a 57.89% chance the selection will lose.

How do 8 11 odds work?

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

The 15-8 betting odds probability is a 65.22 per cent probability of a particular outcome and 34.78 per cent probability of another outcome. The 15/8 odds implied probability means your selection has a 34.78% chance of winning and a 65.22% chance the selection will lose.

Is 8 13 a good bet?

The 8-13 betting odds probability is a 38.1 per cent probability of a particular outcome and 61.9 per cent probability of another outcome. The 8/13 odds implied probability means your selection has a 61.9% chance of winning and a 38.1% chance the selection will lose.

What are the odds of hitting a 7 and 11?

This means that on the come-out roll, a player has a 22.22% chance of rolling a natural (seven or 11), an 11.12% chance of crapping out (rolling two, three and 12) and a 66.66% chance of rolling a point number.

What is the hardest bet in football?

How does a 7 4 bet work?

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 5 4 a good bet?

5 to 4 Implied Probability

The 5-4 betting odds probability is a 55.56 per cent probability of a particular outcome and 44.44 per cent probability of another outcome. The 5/4 odds implied probability means your selection has a 44.44% chance of winning and a 55.56% chance the selection will lose.

What does a 10 3 bet 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.

What does a 7 5 bet 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 is the biggest craps win?

William Lee Bergstrom: Craps

On September 24, 1980, he traveled to Las Vegas and entered Binion's Casino with two suitcases. One of them was empty, but one of them contained $777,000 in cash.

What does 50 to 1 odds 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.

Are 10 to 1 odds good?

A 10-1 winner is good odds and a 10/1 loser is bad odds.

Is 2 5 a good bet?

Are 2/5 Odds Good? 2/5 odds are good because for every £5 winning bet you will return £2 profit. The 2-5 odds reflect the chances of your selection and bookmakers will think it has a favourites chance at 2/5. At 2-5 horse odds it is unlikely to wager each-way bets and the majority will win only bets.