It reflects the amount of money bet on a horse; the more money that is invested, the shorter the odds. 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.
—- ——– ———
4/5 $3.60 $9.00
1/1 $4.00 $10.00
6/5 $4.40 $11.00
7/5 $4.80 $12.00
Table of Contents
What do odds of 1/2 mean?
What does “odds of 1/2 or greater” mean? This refers to the odds of your chosen selection. If the odds are less than 1/2 (1.5 in decimals), your bet will not qualify for a free bet. An easy way to test if your bet will qualify for a free bet is to check the potential returns for a £1 stake.
What does 4 to 1 odds pay?
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 does a 5’2 odds 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 does +800 mean in odds?
In this example, Mayweather is the favorite at -800, which essentially means he’s an 8-1 favorite. Just remember this: a minus-sign means you have to bet that amount to win $100. A plus-sign means that you win that amount if you bet $100.
What do Odds 1/2 mean?
What does “odds of 1/2 or greater” mean? This refers to the odds of your chosen selection. If the odds are less than 1/2 (1.5 in decimals), your bet will not qualify for a free bet. An easy way to test if your bet will qualify for a free bet is to check the potential returns for a £1 stake.
What does 5 to 2 odds mean in horse racing?
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 do the odds 4 5 mean?
So, for example, a $10 win bet on a 4-5 favorite returns $18 (5 x $2 (the base unit)=$10, the amount of the original bet, plus 4 x $2=$8). Essentially, the example above is showing that a winning bettor will receive a return of four units on every five wagered.
How do you calculate first 4 odds?
For box First four bets, you multiply the number of selections for 1st place, 2nd place (minus 1), 3rd place (minus 2) and fourth place (minus 3).
What does 1 to 5 odds pay?
Odds Payoff range
—- ————
1-5 $2.40-$2.70
2-5 $2.80-$2.90
1-2 $3.00-$3.10
3-5 $3.20-$3.50
Are higher or lower odds better?
“Low odds” means something is likely, and “high odds” means something is unlikely, but many people get the two confused. … You’d be happy if these were the odds on your horse that wins at the track because you’d win a lot of money, but these aren’t the odds you’d want if you need something to happen.
What does 4/5 odds pay in horse racing?
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 does 5 to 2 odds pay?
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.
How much does 5’2 odds pay?
To calculate winnings on fractional odds, multiply your bet by the top number (numerator), then divide the result by the bottom (denominator). So a $10 bet at 5/2 odds is (10 * 5) / 2, which equals $25.
What are 5 to 1 odds?
It reflects the amount of money bet on a horse; the more money that is invested, the shorter the odds. 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. … This means when you bet $2, the total return if the bet is successful is $9.
What are 3 to 5 odds?
Odds of 3-5 indicate that your profit will be three-fifths of a dollar. In other words, for every $5 you bet you can win $3 in profit.
Don’t forget to share this post !
References
