What is the meaning of 9 1 odds?
What does 30 1 odds mean?
When you see the odds presented as 30:1 or 3:1 that's actually just showing the payout for a winning bet, not the likelihood of that team winning. 30:1 doesn't mean that the team is 30x more likely to win, it means that if you bet on that team and they win you will receive $30 for every dollar you bet.
2024-03-20 19:44:59
Is 9 1 odds good?
9 to 1 Implied Probability
The 9/1 odds implied probability means your selection has a 10.00% chance of winning and a 90.00% chance the selection will lose.
2024-01-09 09:50:05
What does 30 to 1 odds mean in horse racing?
All you have to do is multiply your bet by the whole number to find your net profit. For example, a $2 wager at odds of 30/1 would return $60 in profits ($2 x 30/1). Add in the return of your original stake, and the return would be $62. Likewise, a $2 bet placed at 10/1 would return $20 plus your initial wager.
2023-12-02 02:23:01
What does 35 to 1 odds mean?
This means you'll win x dollars for every 1 dollar you bet. For example, a single-number bet offers a payout of 35:1. So, if you win, you'll get your dollar back plus $35.
2023-11-15 00:09:31
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