What do the odds 6 4 mean?

Fractional Odds This is best explained using an example. Let’s say your bet is priced at 6/4 – in simple terms that means you need to stake £4 to win £6 (plus you’d get your £4 stake back).

What are 7 to 2 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. Similarly, if a horse is at even money (ie 1-1), it’s $2 profit for every $2 invested, or a total return of $4.

What do odds 15 8 mean?

15/8 is the fraction the bookie is willing to multiply your stake by. 15/8 = 15 divided by 8. or change it to decimal : the fraction 15/8 = 1.875. so if you bet at 15/8 : stake money x 15 divided by 8 = winnings + your stake money as well.

What does 6 to 5 odds pay?

If you have a winning blackjack hand, you get paid 3 dollars for every 2 that you bet, or 1.5:1 odds. In 6:5 you get paid $6 for every $5 you bet, which is 1.2:1 odds.

What is the meaning of the odds 6 / 4?

We usually have odds ‘against’ a team mentioned. So 6/4 would mean that the odds against the team are 6/4. So the team is expected to lose with a probability of 6/10 i.e., 3/5. The betting money you win will be higher if you back this team and it wins, that is the design of the game 🙂

What are the odds of 11 / 2 to win?

Odds of 11/2 are a far cry from the two previous examples, so tread (or should we say bet?) carefully. Odds of 6/4 sit just above 7/5 in the pecking order. “Translated” to decimal odds you get a probability of 2.50.

What does betting odds of 7 / 5 mean?

Unless it’s a close match, odds of 7/5 usually indicate a slight underdog. 11/2 Odds Moving further on in underdog territory, betting on odds of 11/2 means you’ll be getting a hefty 11 units when you bet only 2. These odds are usually available on long shots since you make a pretty nice profit should you get the prediction right.

What’s the meaning of 3 to 1 odds?

If you’re getting 3:1, or 3 to 1, it means for every dollar you wager, you can win 3. So if you bet $10 and lose, you lose $10, but if you win, you win $30. As someone else has explained, this is an expression of someone’s impression of the probability of an event.