How can odds be greater than 1?
What are the odds of 1 100 happening twice?
So for the 100 possible numbers, there is a 100 * 1/10 000 chance of the same number coming up twice. That is 1/100 or 1%.
2024-02-18 16:11:45
What are the odds 6 1?
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).
2024-02-16 10:46:17
What do odds of 1.0 mean?
A probability of 0 is the same as odds of 0. Probabilities between 0 and 0.5 equal odds less than 1.0. A probability of 0.5 is the same as odds of 1.0. Think of it this way: The probability of flipping a coin to heads is 50%. The odds are “fifty: fifty,” which equals 1.0.
2024-01-19 14:48:26
What do odds 10 1 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.
2023-11-15 21:57:14
What does odds of 1 5 or greater mean?
1-5 Betting Odds means that out of 6 potential outcomes, the 1/5 odds are that there will be 1 of one kind of outcome and 5 of another kind of outcome. The 1-5 odds calculation means for every 6 betting events your selection should win 5 times and on 1 occasion the selection will not win.
2023-06-06 02:47:30
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