A total of $3.20 for a profit (payment to the winner) of $1.60
For every $2 bet you get $7
Very poor. New York Lotto, for instance, is 6 balls in a field of 54, with two games played for a dollar. The odds of hitting the jackpot is thus 2 in 25,827,165.
Here are the odds in craps: 7 vs. 6 Odds: 6 to 5 7 vs. 5 Odds: 6 to 4 or 3 to 2 7 vs. 4 Odds: 6 to 3 or 2 to 1 7 vs. 3 Odds: 6 to 2 or 3 to 1 7 vs. 2 Odds: 6 to 1
For 2 to 1 odds of winning;Probability of winning:0.333333, or;Chance of winning:33.33%
The odds of rolling 6 out of 2 consecutive dice is 100/25.
it depends on the odds of the horse. if you bet on the favorite you will make less than you would if you were to bet on a long shot
When the odds are 5 to 2, if you bet $2 on something and win then you will receive $7 The $2 you bet and the $5 you won.
The payout for a $100 parlay bet on two teams depends on the odds of each team. If both teams have odds of -110, for example, the potential payout would be approximately $260, including the original bet amount. If the odds are different, you would need to calculate the combined odds to determine the exact payout. Always check the specific odds for the teams involved to get an accurate estimate.
For every $2 bet you get $7
Odds of 9-2 means that for every 2$ you bet you will get 9$ if you win, and nothing otherwise.
Traditionally odds is a measure of the likelihood OS something occurring. However in horse racing it measures what your payoff will be if your bet wins. Fractional odds are what most of us are familiar with. If a horse is quoted at 4/1 then for every dollar you bet you win four dollars. Decimal odds indicate what your payoff will be if your bet wins, including your bet. For example if a horse is quoted at 5.00 then you will be paid five dollars for every dollar bet. In decimal odds, a price of 5.00 is the same as the fractional odds of 4/1. Moneyline odds indicate what your payoff will be in relation to a $100 bet. For example if the odds are 4/1 then the moneyline odds will be displayed as $400. If the odds are 1/4 then the moneyline odds will be displayed as negative $400. Fractional odds 4/1 = Decimal odds 5.00 = Moneyline odds $400 Fractional odds 1/4 = Decimal odds 1.25 = Moneyline ofdds -$400
Nothing if you lost
Odds of 2-1 mean that person offering the odds is moderately confident that the event in question will happen. If they offer 2-1, and you bet £/$ 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.
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.
You would win 3.25 and also get your 2 back.
A horse at 1:1, or even odds, means that for every $2 dollars you bet you will receive $4.
No. If you gave somebody 2 dollars, they would decide not to give you the 3 dollars in return. They would lose the 1 dollar on the bet, but you just gave them 2 dollars, so they are still a dollar ahead (an you are out a dollar). NOTE: Even if they decided to give you the 3 dollars, it would be a wash. You give them 2, they give you 3. They win the 1 dollar bet, so you now give them a 3rd dollar, and you are both back where you started.