How do you work out bets on a calculator?

What is the payout on 100 to 1 odds?

Odds conversion

Decimal Fractional Return (minus stake)
3.00 2/1 200.00%
4.00 3/1 300.00%
10.00 9/1 900.00%
101.00 100/1 10,000.00%

What does 12 to 1 odds pay?

For every 13, odds are that 12 will be a particular event and 1 will be another event. There is a 92.31 percent probability of a particular outcome and 7.69 percent probability of another outcome. If you bet 1 on a game with 12 to 1 odds and you win, your total payout will be 13.00 which is your bet plus 12.00 profit.

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

An underdog at +140 moneyline odds means a $100 winner nets you $140 in profit.

What does 5 to 1 odds pay?

Example #1: A horse that wins at 5-1 will return $5.00 for every $1.00 wagered. If you had placed the minimum bet of $2 on that horse to win, your payoff will be: $10 (5 x 1 x $2) + your original bet of $2 – for a total of $12.

What does 20 to 1 odds pay?

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.

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What does 1 to 10000 odds mean?

This means that out of 11 possible outcomes, odds are that there will be 10 of one kind of outcome and 1 of another kind of outcome. For every 11, odds are that 10 will be a particular event and 1 will be another event. 10 to 1 probability.

What does 30 to 1 odds pay?

There is a 96.77 percent probability of a particular outcome and 3.23 percent probability of another outcome. If you bet 1 on a game with 30 to 1 odds and you win, your total payout will be 31.00 which is your bet plus 30.00 profit.

What does 14 to 1 odds pay?

For every 15, odds are that 14 will be a particular event and 1 will be another event. There is a 93.33 percent probability of a particular outcome and 6.67 percent probability of another outcome. If you bet 1 on a game with 14 to 1 odds and you win, your total payout will be 15.00 which is your bet plus 14.00 profit.

What are 7 to 2 odds?

When horse racing odds are shown in the form of 7-2, 5-1, etc, it expresses the amount of profit to the amount invested. 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.

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