What does a 6 1 bet mean?

What are the odds of 1 in 6?

Number Converter

1 in __ Decimal Percent
1 in 3 0.33 33%
1 in 4 0.25 25%
1 in 5 0.20 20%
1 in 6 0.17 17%

What does a 5 to 1 bet mean?

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 10 to 1 odds pay?

Have you ever wondered what the minimum payout is for a win bet?

Odds (Fraction) Odds (Decimal) Payout ($2 Bet)
8/1 8.00 $18.00
9/1 9.00 $20.00
10/1 10.00 $22.00
11/1 11.00 $24.00

What does 5 to 1 odds mean in horse racing?

It reflects the amount of money bet on a horse; the more money that is invested, the shorter the 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.

What are 1 to 5 odds?

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
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What does it mean 4 to 1 odds?

Fractional odds:

To illustrate some examples, let’s call each number a unit. So: 4/1: For every 1 unit you stake, you will receive 4 units if you win (plus your stake). … This is the equivalent of a 1/1 fraction. Again it means the horse in question is expected to win the race.

What does 3 to 1 odds mean in horse racing?

In betting, odds represent the ratio between the amounts staked by parties to a wager or bet. Thus, odds of 3 to 1 mean the first party (the bookmaker) stakes three times the amount staked by the second party (the bettor).

What does 7 to 1 odds pay?

The odds and what they mean

Odds Payoff range
6-1 $14.00-$15.90
7-1 $16.00-$17.90
8-1 $18.00-$19.90
9-1 $20.00-$21.90

What does it mean 10 to 1?

When products come full strength, you can dilute them to suit your cleaning needs to get more bang for buck and make the products last longer. For example, a 10:1 ratio means you mix 10 parts water to 1 part chemical. The amount of each liquid changes depending on the ratio used, and the size of the container.

What does 20 to 1 odds pay?

Reading the Win Odds

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.

What does 12 to 1 odds pay?

Standard Win Bets and Payouts

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Odds $ Payout Odds
3/5 $3.20 11/1
4/5 $3.60 12/1
1/1 $4.00 13/1
6/5 $4.40 14/1