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.

how do odds for betting work# Category: how do odds for betting work

When you hear someone use the term “true odds” they are referring to the actual odds of something happening as opposed to what a linemaker or sportsbook would offer. The “true odds” are a better indication of the actual probability of something happening.Oct 11, 2014

how do odds for betting workThe odds for favorites are accompanied by a minus (-) sign, indicating the amount you need to stake to win $100. Meanwhile, the odds for underdogs are accompanied by a positive (+) sign, indicating the amount won for every $100 staked. In both cases, you get your initial wager back, in addition to the amount…

how do odds for betting workHow to Read American Odds If You’re Betting a Favorite: The odds for favorites will have a minus (-) sign in front, and indicate the money you need to risk to win $100. If You’re Betting an Underdog: The odds for underdogs will have a plus (+) sign in front, and indicate the money you’ll…

how do odds for betting work