Wager Mage
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7-5 Betting Odds means that out of 12 potential outcomes, the 7/5 odds are that there will be 7 of one kind of outcome and 5 of another kind of outcome. The 7-5 odds calculation means for every 12 betting events your selection should win 5 times and on 7 occasions the selection will not win.
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Read More »If you wager a bet on a 7/5 betting odds selection and you win, your total payout will be 2.4 which is your stake back plus 1.4 profit.
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“The fact that a taxpayer has a system by which they place their bets, or that they are sufficiently successful to earn a living by gambling does...
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