How do you calculate first 4 odds?

Werner Sattlefield asked, updated on December 13th, 2020; Topic: how to calculate pot odds
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For box First four bets, you multiply the number of selections for 1st place, 2nd place (minus 1), 3rd place (minus 2) and fourth place (minus 3).

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Regardless, what does 12 to 1 odds pay?

Standard Win Bets and Payouts

Odds$ PayoutOdds
4/5$3.6012/1
1/1$4.0013/1
6/5$4.4014/1
7/5$4.8015/1

Over and above that, what are 30 to 1 odds? It's common for machine games to pay odds-for-1 because the game has already taken your bet before the roll takes place. On a table that pays 30-1, if you win your bet on 12, you keep your 1-unit bet and get 30 units in winnings, for a total of 31.

As well, what is the payout on 50 to 1 odds?

50 to 1 odds payout If you bet 1 on a game with 50 to 1 odds and you win, your total payout will be 51.00 which is your bet plus 50.00 profit.

What are 1 to 4 odds?

This means that out of 5 possible outcomes, odds are that there will be 1 of one kind of outcome and 4 of another kind of outcome. For every 5, odds are that 1 will be a particular event and 4 will be another event. 1 to 4 probability.

2 Related Questions Answered

How do you calculate betting odds?

To calculate winnings on fractional odds, multiply your bet by the top number (numerator), then divide the result by the bottom (denominator). So a $10 bet at 5/2 odds is (10 * 5) / 2, which equals $25. A $10 bet at 2/5 odds is (10 * 2) / 5, which is $4.

What betting odds mean?

Odds represent the likelihood of an outcome occurring. In sports betting, each team is assigned odds that represent the likelihood of them winning the game. When the odds for two teams are even, meaning 1 to 1, it means that each team is equally as likely to win the game.