What does a 5’6 bet mean?

What does 5 to 6 odds pay?

Odds with $2 Minimum Payoff for Horse Racing

Odds $2 Payoff
3/5 $3.20
4/5 $3.60
1/1 $4.00
6/5 $4.40

What does a 6’4 bet mean?

Let’s say your bet is priced at 6/4 – in simple terms that means you need to stake £4 to win £6 (plus you’d get your £4 stake back). In terms of maths another way to express 6/4 is 6 divided by 4 which equals 1.5. So whatever your stake is you can multiply it by 1.5 to calculate your profit.

What does a 4/5 odds mean?

Traditional Odds in Online Horse Betting

This is why ‘odds-on’ horses still give you a profit, so if your horse goes off at 4-5 this is basically 0.8 to 1 which is a negative, but you would still return your stake too. So a winning $50 bet at 4-5 would return a total of $90, giving you a profit of $40.

What does a 6 1 bet mean?

A fractional listing of 6/1 (six-to-one) odds would mean that you win $6 against every $1 you wager, in addition to receiving your dollar back (i.e., the amount you wagered). … For Cleveland, one wins $7 against each $1 bet.

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What do odds of +200 mean?

Getting odds at +200 can be extremely valuable if you are able to win the bet. For example, if you were to place a bet of $100 on a team with odds at +200 you would win $200 for that play. You would also get your $100 bet back, meaning that $300 would go back into your account.

What are 11 to 2 odds?

As an example, 11-2 odds means you would receive $11 for every $2 invested. In addition, you get your original bet back.

What does 7 to 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.

What are 2 5 odds?

A $10 bet at 2/5 odds is (10 * 2) / 5, which is $4. What is Implied Probability? Odds correlate to the probability of a team winning, which is the implied probability. A -140 favorite has about a 58.34% chance of winning, while a +120 underdog has a 45.45% chance.

How much do I win on a 4 5 bet?

Standard Win Bets and Payouts

Odds $ Payout $2 Payout
4/5 $3.60 $9.00
1/1 $4.00 $10.00
6/5 $4.40 $11.00
7/5 $4.80 $12.00

What are 5 to 1 odds?

Example #1: A horse that wins at 5-1 will return $5.00 for every $1.00 wagered. If you had placed the minimum bet of $2 on that horse to win, your payoff will be: $10 (5 x 1 x $2) + your original bet of $2 – for a total of $12. Example #2: A horse that wins at 9-2 will return $4.50 for every $1.00 wagered.

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What are 1 to 2 odds?

1/2: For every 2 units you stake, you will receive 1 unit if you win (plus your stake). Sometimes you will see Evens or EVS displayed. This is the equivalent of a 1/1 fraction. Again it means the horse in question is expected to win the race.

What are 30 1 odds?

The odds and what they mean

Odds Payoff range
10-1 $22.00-$23.90
15-1 $32.00-$33.90
20-1 $42.00-$43.90
30-1 $62.00-$63.90

What are 11 to 4 odds?

Common Betting Odds Conversion Table

Fractional American Implied Prob
11/4 275 26.67%
14/5 280 26.32%
7/2 350 22.22%
4/1 400 20.00%