Quick Answer: What Are 11 To 2 Odds?

What do Odds 15 2 mean?

This means that out of 17 possible outcomes, odds are that there will be 15 of one kind of outcome and 2 of another kind of outcome.

For every 17, odds are that 15 will be a particular event and 2 will be another event..

What are 8 to 1 odds?

This means that out of 9 possible outcomes, odds are that there will be 8 of one kind of outcome and 1 of another kind of outcome. For every 9, odds are that 8 will be a particular event and 1 will be another event.

What do Odds 1/3 mean?

This means that out of 4 possible outcomes, odds are that there will be 1 of one kind of outcome and 3 of another kind of outcome. For every 4, odds are that 1 will be a particular event and 3 will be another event.

What do Odds 11/2 mean?

This means that out of 13 possible outcomes, odds are that there will be 11 of one kind of outcome and 2 of another kind of outcome. For every 13, odds are that 11 will be a particular event and 2 will be another event.

What do the odds 8/11 mean?

This means that out of 19 possible outcomes, odds are that there will be 8 of one kind of outcome and 11 of another kind of outcome. For every 19, odds are that 8 will be a particular event and 11 will be another event.

What do Odds 9 2 mean?

This means that out of 11 possible outcomes, odds are that there will be 9 of one kind of outcome and 2 of another kind of outcome. For every 11, odds are that 9 will be a particular event and 2 will be another event.

What are 7 to 2 odds?

It reflects the amount of money bet on a horse; the more money that is invested, the shorter the odds. … So odds of 7-2 mean that for every $2 invested, the punter gets $7 profit in return. This means when you bet $2, the total return if the bet is successful is $9.

What does 1 to 5 odds pay?

Standard Win Bets and PayoutsOdds$ PayoutOdds1/5$2.408/12/5$2.809/11/2$3.0010/13/5$3.2011/16 more rows•Nov 20, 2020

What is 50 to 1 odds mean?

This means that out of 51 possible outcomes, odds are that there will be 50 of one kind of outcome and 1 of another kind of outcome. For every 51, odds are that 50 will be a particular event and 1 will be another event. 50 to 1 probability.

Why would you bet on negative odds?

If the odd is negative (-) it means that outcome is more likely to happen and placing a bet on that outcome would payout less than the amount you wagered, while a positive (+) odd shows that the outcome is less likely to happen and it would pay out more than the amount you wagered.

What does 9 2 odds mean in horse racing?

4½ to 1Seeing any other number than a 1 means you can simply divide the amounts, so odds of 9-2 are basically 4½ to 1 then the same sums apply. This is why ‘odds-on’ horses still give you a profit, so if your horse goes off at 4-5 this is basically 0.8 to 1 which is a negative, but you would still return your stake too.

What does it mean when odds are 5 2?

The tote board does not show decimals, therefore, 5/2 odds means that the odds on a horse are 5 divided by 2, or 2.5-1. Win payoffs are calculated based on a $2.00 wager because at most tracks this is the minimum bet. Example #1: A horse that wins at 5-1 will return $5.00 for every $1.00 wagered.

What are 1 to 2 odds?

This means that out of 3 possible outcomes, odds are that there will be 1 of one kind of outcome and 2 of another kind of outcome. For every 3, odds are that 1 will be a particular event and 2 will be another event.

What are 7 5 odds?

This means that out of 12 possible outcomes, odds are that there will be 7 of one kind of outcome and 5 of another kind of outcome. For every 12, odds are that 7 will be a particular event and 5 will be another event.

What do Odds 4/9 mean?

This means that out of 13 possible outcomes, odds are that there will be 4 of one kind of outcome and 9 of another kind of outcome. For every 13, odds are that 4 will be a particular event and 9 will be another event.

What are 7 to 4 odds?

This means that out of 11 possible outcomes, odds are that there will be 7 of one kind of outcome and 4 of another kind of outcome. For every 11, odds are that 7 will be a particular event and 4 will be another event.

What do short odds mean?

Short odds is a phrase used to describe a range of bookmaker prices. Typically these odds will be ‘evens’ (1-1) or less. ‘Even money’ means you’ll be risking £10 to win £10. If a bookmaker took bets on the flip of a coin, it would be an even-money bet. … Short odds are seen when an outcome is highly likely to happen.

What are 13 to 2 odds?

13 to 2 odds. This means that out of 15 possible outcomes, odds are that there will be 13 of one kind of outcome and 2 of another kind of outcome. … 13 to 2 probability. There is a 86.67 percent probability of a particular outcome and 13.33 percent probability of another outcome.13 to 2 odds payout.