"The same as getting heads the first time, a one-in-two chance." No It's Not! "One in two chance" means 50/50 chance. The odds of getting 2 in a row are not 50/50. I don't know what it is because that's how I arrived at this question. But if my friend were to bet me that he could get to heads in a row.... I'd take him up on that bet everytime, saying that he couldn't. He'd win a couple times here and there but in the end would lose money. It's not 50/50.
It is not possible. The sum of two odds is even, the sum of three odds is odd, etc. So the sum of five odds is odd whereas 50 is even.
There are 4 possible outcomes, HH, HT, TH, TT. If we assume the odds of tossing heads or tails on any toss is 1/2 (50:50) the odds of tossing heads twice in a row is 1/4 (or 25%).
The number of combinations of 52 numbers taken 6 at a time is 52 * 51 * 50 * 49 * 48 * 47 / 6 / 5 / 4 / 3 / 2 = 20,358,520. The number of combinations of 36 numbers taken 5 at a time is 36 * 35 * 34 * 33 *32 / 5 / 4 / 3 / 2 = 376,992. The odds are better with 5 out of 36 numbers, but the payout is probably less as well.
Multiplying the £50 stake by 500 gives 50 x 500 = 25000. Adding the original stake you receive back gives 25050. Don't forget to include the unit of currency.
A 50/50 bet is called an 'Even' money bet or an 'Even' chance bet. With payout odds of 1:1. Betting a $1 and bet is won would return your $1 stake + $1 winnings. If bet is lost you lose your $1 stake.
$50
"The same as getting heads the first time, a one-in-two chance." No It's Not! "One in two chance" means 50/50 chance. The odds of getting 2 in a row are not 50/50. I don't know what it is because that's how I arrived at this question. But if my friend were to bet me that he could get to heads in a row.... I'd take him up on that bet everytime, saying that he couldn't. He'd win a couple times here and there but in the end would lose money. It's not 50/50.
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
The odds If you were to attempt something 60 times that has a 1:1000 odd would be 60:1000, or simplified would be 3:50 chance.
I have heard that you should bet someone the next pitch is a foul ball because odds are over %50. This happens most of the time I pay attention to the count.
50%
I suppose you mean, the couple already has 2 girls. In this case, the odds are about 50%. If the couple already has 6 boys and no girls, the odds are about 50%. If the couple has a boy and a girl, the odds are about 50. If the couple doesn't have children yet, the odds are about 50%.
Online money making schemes such as survey websites for example usually specify a minimum payout is required for members to be able to withdraw their balance. So, 50 dollars minimum payout required means that one must have at least 50 dollars in their available account balance before being permitted to request a payout.
50 50
Yes. They are exactly 50 percent. This doesn't necessarily mean that it will happen exactly half the time, only that if you ran the odds an infinite number of times it would be expected to happen 50 percent of the time.
Odds tell you what your profit will be should you win the bet. A horse that is 6 to 5 (shown on the tote board as 6/5) will pay 6 dollars for every 5 dollars you bet. A horse that is 6 to 1 (shown on the tote board as 6) will pay 6 dollars for every 1 dollar you bet. Several factors go into determining the odds for a particular horse. First of all is the total amount of money bet for the specific pool (win, place, show, etc.). From that total several deductions are made: state/local taxes, track expenses/profit, purse money for the horsemen. These deductions, commonly called the 'take', are usually 15-20 percent of the total money wagered. And finally, the amount of money bet on the horse. So to use a win pool as an example, let's say that $20,000 is bet on all horses, 17.5 percent is the take, and horse #3 has had $4,100 bet on it. To determine the odds to win on the #3 horse, first subtract the take from the total amount of the pool, then divide the amount bet on the horse to win into the difference of the total amount bet minus the take. Pool - $20,000 Take - 17.5%, 17.5% of $20,000 is $3,500, $20,000 - $3,500 is $16,500 Odds - $16,500 / $4,100 = $4.024 The odds of the #3 horse to win are 4 to 1. You will win 4 dollars for every 1 dollar you bet. You'll also get your original bet amount returned in the case of a win, place, or show bet, i.e., you'll get the 4 dollars you win plus your original dollar for a total of 5 dollars. The actual amount paid for a win bet at 4 to 1 will be anywhere between $5 and $5.45 because the tote board won't reflect every single possible increment in the betting. The next bet level after 4-1 is 9-2, at which point the bet would pay from $5.50 to $5.95. Then comes 5-1, which pays from $6 to $6.95. After 9-2, the tote board stops reflecting half numbers, so then the odds will be 5-1, 6-1, 7-1, and so on.