All you gamblers out there, what does it mean when they say someone has 2:1 odds or 5:2 odds?
2006-06-20 05:51:30 · 9 answers · asked by Ro¥al Tree® 3 in Games & Recreation ➔ Gambling
2:1 odds means that you win $2 for every $1 bet if the team/horse/dog wins. For example, a $10 bet wins $20 plus the original bet back for a grand total payout of $30.
5:2 odds means that you win $2.50 for every $1 bet. For example on a $10 bet there is $25 in winnings for a total payout of $35.
For more gambling information (such as odds on all of the casino games), try http://www.ranked-online-casinos.com
2006-06-20 17:21:59 · answer #1 · answered by Anonymous · 5⤊ 0⤋
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2016-06-09 20:28:40 · answer #2 · answered by Duane 3 · 0⤊ 0⤋
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2016-12-23 04:41:02 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Hey. The simple answer is that the first number is how many times your bet is multiplied by if you win. So if you bet $10, and the odds are 2:1, you get 2x your bet back, so you get $20 if you win. So you really only made $10, cuz you put in $10 originally, and got back $20. If the odds are 5:1, you'd get $50 if you won. It's really that simple. If you want loads of gambling information, go to my site: http://www.fattonys-gambling.com/. From there, you can get to all my other sites if you want to get info about other casino games or whatever.
2006-06-20 08:17:57 · answer #4 · answered by Anonymous · 0⤊ 0⤋
that means 2 to 1 and 5 to 2... say 1 to 1 or 1:1 means that its pretty much a sure thing... 2:1 is a pretty good odd to. But the better the odds the worse of a payout you would get. so if im at a horse track with you and you bet 5 bucks on a 2:1 horse to win and i put 5 on a 40:1 horse to win if my horse would win then i would make more than you would if your horse had won. A 40:1 would be considered a longshot...
2006-06-20 06:00:58 · answer #5 · answered by Rob H 2 · 0⤊ 0⤋
Let's say Team A and Team B are playing a hockey game. I think Team A is going to win, so I want to bet you $10. You look at the teams, and realize that Team A is much better, so you don't want to bet because you think you will lose.
To get you to bet, I can offer you 2:1 odds. That means, if I win, you pay me $10. If you win, I have to pay you $20 (twice as much, or 2-to-1). That is the price I pay for betting on the better team.
2006-06-20 05:56:43 · answer #6 · answered by -j. 7 · 0⤊ 0⤋
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2016-05-03 01:46:08 · answer #7 · answered by serafina 3 · 0⤊ 0⤋
Sports betting systems are sets of events that when combined for a particular game for a particular sport represents a profitable betting scenario
2016-05-16 16:30:44 · answer #8 · answered by marshall 2 · 0⤊ 0⤋
Wow! thank you! I was asking myself the same question the other day
2016-08-23 00:12:07 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Yes, it might be
2016-07-27 02:55:09 · answer #10 · answered by ? 4 · 0⤊ 0⤋