Can odds be over 1?

An odds ratio of 1 indicates that the condition or event under study is equally likely to occur in both groups. An odds ratio greater than 1 indicates that the condition or event is more likely to occur in the first group.

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2023-02-01 19:56:12

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What are odds 1?
A very simple explanation of probability would be a coin toss, in which the two possible outcomes are heads or tails. The probability of getting heads is a one in two chance, which can be represented as odds of 1/1, which would mean the outcome has a 50% chance of winning.
2024-02-15 22:07:55

What does it mean odds 1 to 2?
The first number tells you how much you could win, the second number is the amount you bet. So, if the odds are listed as 2-1, you'll get $2 for every $1 you bet. Odds are displayed in one of two formats. Fractional: These are more traditional and widely used and are displayed as 4/1.
2024-01-07 04:48:34

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 is 10 to 1 odds in decimal?
What is 10-1 odds in decimal? 10/1 fractional odds is 11 in decimal.
2023-08-08 00:17:28

What do the odds 1 to 6 mean?
The 6-1 odds calculation means for every 7 betting events your selection should win 1 time and on 6 occasions the selection will not win.
2023-04-25 05:13:42

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