understanding odds is a vital component when wagering on horse racing. How do betting odds work? Betting odds are usually expressed as fractions, 2 /1, 7 / 2 and 6/4 as examples. With the aid of a simple calculator or spreadsheet we can.
Odds with $2 Minimum Payoff for Horse Racing Following is a list of payoffs at various odds for quick reference: 4/5, 7 / 2.
Easiest way to do this is to convert to decimal odds. Do 'top plus bottom over bottom'. So it is (7 + 2)/ 2 = Now multiply your stake by. What are you betting on? Mathematically, this is a Bernoulli trialas it has exactly two outcomes. It is a thriller! Las Vegas Green Hotels. Help About Wikipedia Community portal Recent changes Contact page. I hate spending money. Thanks a million and please keep up the effective work. Would You Take This Bet?