7/2 odds meaning

7/2 odds meaning

To compute your $2 win price, take the odds of your horse and multiply the first number by 2, divide that by the second 4/5, 7/2.
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Read My Racing's free guide and explanation to betting odds - how do subtract 1, so the fractional odds are (or as we know it, 7/2). 7/2 odds meaning
The problem people have in 7/2 odds meaning odds is trying to link the bookies' odds of a horse winning with its actual chances of winning. Guessing heads or tails on a coin toss is the classic example of an event that has even odds. With decimal odds, things are simpler as the figure quoted is the payout per unit staked. Decimal odds are the favoured method of displaying odds on betting exchanges such as betfair. Casinos, for example, offer odds that place themselves at an advantage, which is how they guarantee themselves a profit and survive as businesses.

7/2 odds meaning - contestgirl

How to play Sic Bo. Betting Discussion Mark II. Pai Gow poker bonuses. Enter the odds in any format and click Convert. If more than one horse has the same odds of winning according to the betting market, this will be displayed as JF, meaning joint-favourite. If you are looking to produce some serious cash with sports investing, this is the best spot to start.