Odds of 3 - 1 indicate that if you bet you will win the original amount of your bet plus the profit. Odds of 1 - 3 will win you $33 on a $100 bet, or.
In bookmakers odds, this would be shown as 3 - 1. You might think it would be 4- 1. It isn't, because bookies odds show the chances against the event. As there.
also whats your formula to work out your percentage to win with 3 /2 odds etc. i know its a noob question buy hey, im a noob to maths cheers. Send a private message to AaronBrown. While this article uses dollar amounts, these principles hold for any currency. In the modern era, most fixed odds betting takes place between a betting organisation, such as a bookmakerand an individual, rather than between individuals. Casinos, for example, offer odds that place themselves at an advantage, which is how they guarantee themselves a profit and survive as businesses. Odds are a numerical expression, usually expressed as a pair of numbers, used in both gambling and statistics. Usually, the word "to" is replaced by a symbol for ease of use. Poker Players - Streaming Live Online.