What do odds of 16 mean?
What are 16 1 odds?
The 16/1 odds implied probability means your selection has a 5.88% chance of winning and a 94.12% chance the selection will lose.
2024-02-17 11:04:05
What is a hard 16?
A hard 16 is a blackjack hand that contains either no Aces, or if an Ace is present, it counts as one. Some examples of hard 16 are: 10-6. 7-9.
2024-01-18 22:02:46
What is the formula for calculating odds?
Odds = Probability / (1-probability). Odds ratio (OR) = ratio of odds of event occurring in exposed vs. unexposed group.
2024-01-07 12:34:16
What does 72 odds mean in horse racing?
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. So odds of 7-2 mean that for every $2 invested, the punter gets $7 profit in return.
2023-11-25 12:41:31
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