## How are bet winnings calculated?

To calculate winnings on fractional odds , multiply your bet by the top number (numerator), then divide the result by the bottom (denominator). So a $10 bet at 5/2 odds is (10 * 5) / 2, which equals $25. A $10 bet at 2/5 odds is (10 * 2) / 5, which is $4.

## What are 30 to 1 odds?

It’s common for machine games to pay odds -for- 1 because the game has already taken your bet before the roll takes place. On a table that pays 30 – 1 , if you win your bet on 12, you keep your 1 -unit bet and get 30 units in winnings, for a total of 31.

## What does +500 mean in betting?

(e.g. –150 means you must bet $150 to win $100.) If the odds are plus (+), that amount of money would be earned on a successful $100 wager. (e.g. +150 means you make $150 on a $100 wager.) Money line is also sometimes referred to as “American Odds.”

## How much does a $2 bet pay?

Standard Win Bets and Payouts

Odds | $ Payout | $2 Payout |
---|---|---|

1/5 | $2.40 | $5.60 |

2/5 | $2.80 | $6.00 |

1/2 | $3.00 | $7.00 |

3/5 | $3.20 | $8.00 |

## What does 4 to 5 odds pay?

Standard Win Bets and Payouts

Odds | $ Payout | $2 Payout |
---|---|---|

4/5 | $3.60 | $9.00 |

1/1 | $4.00 | $10.00 |

6/5 | $4.40 | $11.00 |

7/5 | $4.80 | $12.00 |

## What happens if you bet $100 on a +140 money line?

The bigger the favorite the more you will have to risk to earn back your initial wager . Let’s say a team is listed at – 140 on the moneyline . That means you have to risk $1.40 for every $1 of profit. If a team was at + 140 , that means you only have to risk $1 to win $1.40 or $100 to win $140.

## What do Odds 1/3 mean?

But what if the odds are 1/3 ? How does this work? Basically, what you are looking at here is the price of a horse that is ‘ odds on’. This means that the bookmaker has decided that it is more likely that this horse will win, rather than fail to win. You would need to wager three pounds to get four pounds back in total.

## What is the payout on 5 2 odds?

Betting on Horse Racing For Dummies

Odds | $2 Payoff |
---|---|

8/ 5 | $5.20 |

9/ 5 | $5.60 |

2 /1 | $6.00 |

5 / 2 | $7.00 |

## What do Odds 10 1 mean?

Whenever you see two numbers separated by a slash, i.e. 10/1 , this is a fractional betting odd. Fractional odds allow you to calculate how much money you will win on your bet in comparison to you stake. The number on the left(e.g. 10) is how much you will win. The number on the right is how much you need to stake.

## What do the odds 4 1 mean?

Fractional odds : To illustrate some examples, let’s call each number a unit. So: 4/1 : For every 1 unit you stake, you will receive 4 units if you win (plus your stake). This is the equivalent of a 1/1 fraction. Again it means the horse in question is expected to win the race.

## How much do you win betting the spread?

On a point spread bet you would usually have to spend $105 or $110 to win $100 . If you bet on the moneyline you may instead only have to spend $50, or even less, to win $100 . You won’t win as often, of course, because the underdog not only has to cover the spread, but it actually has to win the game outright.

## What are bad betting odds?

Negative numbers signify the favorite on the betting line. The negative number indicates how much you’d need to bet to win $100. If the number is positive, you’re looking at the underdog, and the number refers to the amount of money you’ll win if you bet $100.

## 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 is a 4 horse bet called?

Yankee. A bet consisting of four selections and 11 bets – six doubles, four trebles and a fourfold.

## What does a 20/1 bet mean?

For example, 6-5 means you will get $6 in profit for every $5 you wager, while 20-1 means you get $20 in profit for every $1 you wager. In the latter example, a bet of $2 means you would get $42 back for a winning wager.