Sorry this may sound a very silly question but its important for me to know. .. thanks
2006-10-12 10:54:27 · 9 answers · asked by Olderwiser 4 in Games & Recreation ➔ Gambling
In some places where the decimal points odds include the stake, 7/5 is $2.40. 7 is the amount of winnings (excluding the stake) and 5 is the stake. No one would bet on odds-on events (e.g. 1/3, like the odds for Tiger to win the next Major) otherwise.
2006-10-13 23:47:20 · answer #1 · answered by whats_up 2 · 0⤊ 0⤋
7/5 is the odds of a specific team or horse. So if for example the Detroit Tigers were listed in the newspaper as 7/5. It would mean if you wanted to win $50 you'd have to bet $70, to win a $100, you'd have to bet $140, etc.
2006-10-12 18:38:12 · answer #2 · answered by bobby 1 · 0⤊ 0⤋
1.4 to 1 are the odds using these two numbers. Divide 7 by 5 to get the 1.4 showing that 7 is 1.4 times greater than 5. Since you reduced 7 to the ratio of 1.4 then you divide 5 by five also, giving you 1. Ergo the ratio of 1.4 to 1 and these are the odds you're talking about.
2006-10-12 18:09:40 · answer #3 · answered by quietwalker 5 · 0⤊ 0⤋
It is not about decimal points...
It means that for every $5 that you bet, you will win $7 if you win.
2006-10-12 17:59:26 · answer #4 · answered by Cid 2 · 0⤊ 0⤋
7/5 = (100/5)*7 = 140
140/100 = 1.4
If you bet 100 and you won, the payout would be 140
2006-10-12 19:29:29 · answer #5 · answered by creskin 4 · 0⤊ 0⤋
use a calculator 7divide by 5 you will get the decimals
cab you please help me here i need help with my gf http://answers.yahoo.com/question/index;_ylt=AmVlYtNffIFb_ToQE1cAx1Xsy6IX?qid=20061012144558AADZV1g
2006-10-12 17:58:12 · answer #6 · answered by 54jknb5487dfg46 2 · 0⤊ 0⤋
1.4....... lol why u need to know?
its right i promise.....
2006-10-12 17:56:09 · answer #7 · answered by .xX BrYaN Xx. 2 · 0⤊ 0⤋
1.4
2006-10-12 17:56:49 · answer #8 · answered by Anonymous · 0⤊ 0⤋
1.4
2006-10-12 17:56:27 · answer #9 · answered by Farmwife 3 · 0⤊ 0⤋