1. 200/1 Odds Meaning
2. 2001 Odyssey Fuel Pump Relay

If $10 is bet at odds of 3/1, the potential profit is $30 ($10 x 3) and the total returned is $40 ($30 plus the $10 stake). Implied Probability. Odds correlate to probability. A 4/1 bet is expected to win one in every five attempts, therefore the probability is 20%. Odds Conversion Table. A Look at 'American Odds' Published on January 8th, 2020 12:56 pm EST Written By: Dave Manuel If you have ever bet on sports, you have likely come across numbers that look something like this:-400 +450-300-250-1000 +200-100-150 +225 What you are seeing in these numbers is something called 'American odds'.

2 Team Parlay: 13-5 odds. 3 Team Parlay: 6-1. 4 Team Parlay: 10-1. 5 Team Parlay: 20 to 1. 6 Team Parlay: 40 to 1. 7 Team Parlay: 75-1. 8 Team Parlay: 100-1. 9 Team Parlay: 150-1. 10 Team Parlay: 300-1. 11 Team Parlay: 450-1. 12 Team Parlay: 600-1 Odds. 13 Team Parlay: 750-1. 14 Team Parlay: 900-1. 15 Team Parlay: 1500-1. Typical Odds Compared. To work out the return on any bet, simply enter the Odds and the Stake. For example, if you were betting £100 on a 9-4 chance, enter: Odds = 9 (to) 4, Stake = 100, then click 'Calculate' The Instant Bet Calculator will then show the return on a: Win only bet Winning each way bet (1/4 odds) Winning each way bet (1/4 odds) Winning Place bet (1/4.

Calculator Use

Convert stated odds to a decimal value of probability and a percentage value of winning and losing. This calculator will convert 'odds for winning' an event or 'odds against winning' an event into percentage chances of both winning and losing.

Be careful if you are using sports teams odds or betting odds. If you see that the Patriots super bowl odds are 9/2, that is most likely 'odds against' and should be entered in the calculator with 'Odds are: against winning.'

When playing a lottery or other games of chance be sure you understand the odds or probability that is reported by the game organizer. A 1 in 500 chance of winning, or probability of winning, is entered into this calculator as '1 to 500 Odds are for winning'. You may also see odds reported simply as chance of winning as 500:1. This most likely means '500 to 1 Odds are against winning' which is exactly the same as '1 to 500 Odds are for winning.'

Probability Formulas:

This calculator will convert 'odds of winning' for an event into a probability percentage chance of success.

Odds, are given as (chances for success) : (chances against success) or vice versa.

If odds are stated as an A to B chance of winning then the probability of winning is given as P_W = A / (A + B) while the probability of losing is given as P_L = B / (A + B).

For example, you win a game if you pull an ace out of a full deck of 52 cards. Pulling any other card you lose. The chance of winning is 4 out of 52, while the chance against winning is 48 out of 52 (52-4=48). Entering A=4 and B=48 into the calculator as 4:48 odds are for winning you get

200/1 Odds Meaning

For 4 to 48 odds for winning;
Probability of:
Winning = (0.0769) or 7.6923%
Losing = (0.9231) or 92.3077%
'Odds for' winning: 1:12 (reduced from 4:48)
'Odds against' winning: 12:1 (reduced from 48:4)

2001 Odyssey Fuel Pump Relay

Further Reading