Q: Is 10 to 1 good odds?

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Here are the two for comparison;For 3 to 1 odds of winning;Probability of winning:0.25, or;Chance of winning:25%---------------------For 9 to 1 odds of winning;Probability of winning:0.1, or;Chance of winning:10%

It means there is a chance of being right 2 times out of three. 2:1 odds means 1 chance of 3 to be right; 1:1 odds means an even chance; 1:2 (0.5)odds is 2 of 3; 1:9 is 9 chances of being right out of 10 etc.

For every unit you bet you will win 20 units, always assuming you do indeed win!

(6/10) / (1/5) = (6/10) * (5/1) = 30/10 = 3(6/10) / (1/5) = (6/10) * (5/1) = 30/10 = 3(6/10) / (1/5) = (6/10) * (5/1) = 30/10 = 3(6/10) / (1/5) = (6/10) * (5/1) = 30/10 = 3

Because 1*10-1 is equal to 0.1 in standard form and 0.1 = 1/10

Related questions

1 in 10

Not particularly.

11

1 and 10

Betting 20 on 20 to 2 odds, you will get a return of 200. The odds of 20 to 2 are equal to 10 to 1. For every 1 bet, you will get a return of 10. Bet 20, get a return of 20 x 10 or 200. Having the odds of 20 to 2 is very unusual because all legal betting venues would have changed such odds to read 10 to 1.

The odds against drawing a 10 out of a 52 card deck are 12:1.

Alaskan Women Looking for Love - 2013 The Odds Are Good 1-1 was released on: USA: 6 October 2013

Shadow Raiders - 1998 Against All Odds 1-10 was released on: USA: 18 November 1998

Not very good:For 50 to 1 odds of winning;Probability of winning:0.019608, or;Chance of winning:1.96%

Odds of 2-1 mean that person offering the odds is moderately confident that the event in question will happen. If they offer 2-1, and you bet £/$ 10, if the event happens you would win £/$ 20 and the £/$ 10 that you bet on the event. So in total you would get £/$ 30 back.

Here are the two for comparison;For 3 to 1 odds of winning;Probability of winning:0.25, or;Chance of winning:25%---------------------For 9 to 1 odds of winning;Probability of winning:0.1, or;Chance of winning:10%

It means there is a chance of being right 2 times out of three. 2:1 odds means 1 chance of 3 to be right; 1:1 odds means an even chance; 1:2 (0.5)odds is 2 of 3; 1:9 is 9 chances of being right out of 10 etc.