The amount a player can expect to win or lose if they were to place a bet on the same odds many times over, calculated through a simple equation multiplying your probability of winning with the amount you could win per bet, and subtracting the probability of losing multiplied by the amount lost per bet.

## How bets are calculated?

Using Betting Odds to Calculate Probability

Here is the calculation: Probability **(%) = B / (A+B)**. 9/1 can be calculated as 1 / (9 + 1) = 0.10 – There is a 10% chance that the event will happen. 4/1 can be calculated as 1 / (4 + 1) = 0.20 – There is a 20% chance that the event will happen.

## How much do I win if I bet 50 on?

To determine your total payout, you would need to add your wager to that number. So, 50+6.49=56.49. If you put a $50 bet down on the Tide at these odds and you win, your total payout would be **$56.49** with a $6.49 profit.

## What does 1 to 5 odds pay?

Odds with $2 Minimum Payoff for Horse Racing

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

1/5 | $2.40 |

2/5 | $2.80 |

1/2 | $3.00 |

3/5 | $3.20 |

## What does 12 to 1 odds pay?

Conversion Table for common Odds

UK | EU | Bet |
---|---|---|

11/1 | 12.00 | $100 |

12/1 | 13.00 | $100 |

13/1 | 14.00 | $100 |

14/1 | 15.00 | $100 |

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

Moneyline Betting FAQ

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

## How much do I win if I bet 100 on?

A winning $100 stake could **win up to $150 in profit**, for a total payout of $250 payout. At +250 odds, a pick is a definite underdog. A $100 wager stands to win $250 in profits, for a total payout of $350. Odds of +500 mean a selection is highly disfavored.

## 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 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 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.