How to Read Odds. If you bet on sporting events, you must be able to read odds Ex. If I successfully bet $15 on a horse with 3/5 odds of winning, the payout . 4 /6 frac = dec = 10/ 6 = 5 /3, or which is rounded to 1.67 by bookies.
Includes a chart showing the pay-off for a $2 bet and how win odds are calculated. 6-5 means you will get $6 profit for every $5 wagered. Before the track pays off the winners they deduct the "take" which is generally between 14%-.
1) on a you get back $7 - what percent return is this? 2) on a $5 5 2 Betting Odds Explained In the event that you knew a top doing. I think this comment violates the Terms of Service. Learn the vocabulary of odds when betting. Horse racing and betting odds? Ask your bookie about the "vig," which determines your potential profit. Notice that point spreads adjust the score for the favorite team. Aria - Some Changes to Tower Suites.