How do you determine odds?
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Answer:
To convert from a probability to odds, divide the probability by one minus that probability. So if the probability is 10% or 0.10 , then the odds are 0.1/0.9 or '1 to 9' or 0.111. To convert from odds to a probability, divide the odds by one plus the odds.
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What are 7 to 5 odds?
Answer: The 7-5 betting odds probability is a 58.3 per cent probability of a particular outcome and a 41.7 per cent probability of another outcome. The 7/5 odds implied probability means your selection has a 41.7% chance of winning and a 58.3% chance the selection will lose.
2024-01-05 13:55:28
Do bet365 pay double odds on lucky 15?
Answer: Our Double Result offer will apply to this market, however our Best Odds Guaranteed offer and Lucky 15/31/63 bonuses do not apply to Place Only bets.
2024-01-04 12:22:25
What does 1000 mean in vegas odds?
Answer: The bigger the number after the plus sign, the bigger of an underdog
underdog
An underdog is a person or group in a competition, usually in sports and creative works, who is largely expected to lose. The party, team, or individual expected to win is called the favorite or top dog. In the case where an underdog wins, the outcome is an upset.
https://en.wikipedia.org › wiki › Underdog
Underdog - Wikipedia
that the team or person is to win. So, if a team is +1000 to win, this would mean that you would win $1000 in profit with a bet of $100 - if they won, of course.
2023-09-05 05:16:20
What are the odds of winning the uk lotto?
Answer: For a game with the highest available jackpot of £4,000,000, the odds of winning the jackpot are around 1 in 4,000,000, whereas for a game with a low jackpot prize (and thousands of jackpots available), the odds of winning the jackpot are as low as around 1 in 10,000.
2023-08-14 11:34:09