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What does 9 to 4 odds pay?

9/4: For every 4 units you stake, you will receive 9 units if you win (plus your stake). If you see fractional odds the other way round – such as 1/4 – this is called odds-on and means the horse in question is a hot favourite to win the race.

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There are two ways odds – or prices – are displayed at racecourses in Britain: the traditional fractional system or the more recently introduced decimal system.

Fractional odds:

These are usually displayed in this format: 4/1.

In spoken form this is “Four-to-one” and sometimes this can be written as: 4-1. Odds are just maths. To illustrate some examples, let’s call each number a unit. So: 4/1: For every 1 unit you stake, you will receive 4 units if you win (plus your stake). 7/2: For every 2 units you stake, you will receive 7 units if you win (plus your stake). 9/4: For every 4 units you stake, you will receive 9 units if you win (plus your stake). If you see fractional odds the other way round – such as 1/4 – this is called odds-on and means the horse in question is a hot favourite to win the race.

In spoken form this is “Four-to-one on”.

1/4: For every 4 units you stake, you will receive 1 unit if you win (plus your stake). 1/2: For every 2 units you stake, you will receive 1 unit if you win (plus your stake). Sometimes you will see Evens or EVS displayed. This is the equivalent of a 1/1 fraction. Again it means the horse in question is expected to win the race. EVS: For every 1 unit you stake, you will receive 1 unit if you win (plus your stake).

Decimal odds:

These are usually displayed in this format: 5.00.

5.00: Simply multiply this number by your stake to calculate your total potential returns if you are placing a win bet. Unlike fractional odds, your stake is already factored into this price i.e. this is the equivalent of 4/1 plus the 1 unit you stake.

Favourites:

Each race has a favourite. This is the horse most likely to win, which is reflected in having the shortest price displayed with betting operators. You will see an F alongside the horse’s odds when they are the favourite. If more than one horse has the same odds of winning according to the betting market, this will be displayed as JF, meaning joint-favourite.

What about odds when betting each-way?

Racecourse bookmakers operating at Jockey Club Racecourses must meet (or exceed in the customer’s favour) a standard set of terms if you decide to place an each-way bet. You will appreciate it is not affordable for bookmakers to pay out on all four places in a four runner race (!) so these agreed terms concerning place part of your each-way bet have to vary dependent on the number of runners and type of race. These are: • Races with 3 or runners: win bets only, unless the bookmaker chooses to offer 1/5 (one fifth) of the stated odds for finishing 1st or 2nd • Races with 3 or 4 runners: 1/5 (one fifth) of the stated odds for finishing 1st or 2nd • Races with 5 to 7 runners (inclusive): 1/4 (one quarter) odds for finishing 1st or 2nd • Races with 8 or more runners: 1/5 odds for finishing 1st, 2nd or 3rd • Handicap races with 12 to 15 runners (inclusive): 1/4 odds for finishing 1st, 2nd or 3rd • Handicap races with 16 to 21 runners (inclusive): 1/5 odds for finishing 1st, 2nd, 3rd or 4th • Handicap races with 22 or more runners: 1/4 odds for finishing 1st, 2nd, 3rd and 4th

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What are the odds of throwing 2 sixes?

1/36 Thus only one of the 36 possible outcomes has a 6 on both dice and hence the probability of two sixes will be 1 over 36, or 1/36. Odds in favour 1 to 35, where 35 = 36-1.

mathcentral.uregina.ca - Probabilities and dice - Math Central

Hi! My name is Carmen! I am a member of a grade 5 class in Edmonton, AB. We were talking about probability in math, and I was wanted to know what the probability (odds) of rolling two sixes would be rolling two dice? If it is not to difficult could you tell me what the probability (odds) of rolling any number with two dice were? Thank You! Sincerely, Carmen Hi Carmen, First of all we will find how many possible outcomes we have rolling two dice. Assume that the first one is Green, the second is Red. Then all possible outcomes can be represented in the following table. The numbers in the top row are the possibilities for the red die and the numbers in the first column are the possibilities for the green die. The numbers on the purple background are the sum of the numbers on the red and green dice. You can see that we have 36 possible outcomes. We are interested only in ONE outcome, a 6 on the red die and a 6 on the green die. This gives a total of 12. Thus only one of the 36 possible outcomes has a 6 on both dice and hence the probability of two sixes will be 1 over 36, or 1/36. Odds in favour 1 to 35, where 35 = 36-1. For your second question you can read the probabilities off the table. For example suppose you want "the probability of rolling a 4", that is the probability that the sum on the two dice is 4. From the table, there are 3 of the possible 36 outcomes that have a sum of 4. Hence the probability of rolling a 3 is 3/36 = 1/12. Cheers,

Andrei and Penny Go to Math Central

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