What does a 7/10 bet mean?

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What does a bet of 7 2 mean?

It reflects the amount of money bet on a horse; the more money that is invested, the shorter the odds. … 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 do odds of 1/10 mean?

Whenever you see two numbers separated by a slash, i.e. 10/1, this is a fractional betting odd. Fractional odds allow you to calculate how much money you will win on your bet in comparison to you stake. The number on the left(e.g. 10) is how much you will win. The number on the right is how much you need to stake.

How much would I win on a 10 11 bet?

Common Betting Odds Conversion Table

Fractional American Implied Prob
17/20 -118 54.05%
10/11 -110 52.38%
1/1 100 50.00%
3/2 150 40.00%

What does a 4 11 bet mean?

You would need to bet four pounds to get fifteen pounds back (your four pounds stake and eleven pounds winnings). The horse could also be given a price of 4/11, if it was a hot favorite. Unless you are quick in your head with numbers, old fashioned odds can be time-consuming to work out.

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What do Odds 9 4 mean?

9/4: For every 4 units you stake, you will receive 9 units if you win (plus your stake). 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. … This is the equivalent of a 1/1 fraction.

What is the most profitable horse bet?

The 5 Most Profitable Horse Racing Betting Systems

• Quentin Franks System. …
• Bet Alchemist. …
• Early Odds. …
• Master Racing Tipster. …
• Profit Maximiser.
• Even if they are not solely focused on horse racing, Profit Maximiser has been one of the favourites out there for few years one and it is not difficult to see why.

What does 7 to 1 odds pay?

The odds and what they mean

Odds Payoff range
6-1 \$14.00-\$15.90
7-1 \$16.00-\$17.90
8-1 \$18.00-\$19.90
9-1 \$20.00-\$21.90

What are 7 to 4 odds?

Odds Conversion Table

Fraction Decimal Implied Probability
7/4 2.75 36.4%
9/5 2.80 35.7%
15/8 2.88 34.8%
2/1 3.00 33.3%

How much does 9 2 odds 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 12 to 1 odds pay?

Standard Win Bets and Payouts

Odds \$ Payout Odds
3/5 \$3.20 11/1
4/5 \$3.60 12/1
1/1 \$4.00 13/1
6/5 \$4.40 14/1

What is the payout on 100 to 1 odds?

Odds Conversion Table

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Fractional Decimal Implied Probability
10/1 11.00 9.1%
20/1 21.00 4.8%
50/1 51.00 2%
100/1 101.00 1%

What do odds mean?

Odds provide a measure of the likelihood of a particular outcome. They are calculated as the ratio of the number of events that produce that outcome to the number that do not. Odds are commonly used in gambling and statistics. Odds can be demonstrated by examining rolling a six-sided die.

What does 6 to 1 odds pay?

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).

What does a 9 1 bet mean?

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.