what are 2 to 5 odds?
150599
['2 to 5 odds. This means that out of 7 possible outcomes, odds are that there will be 2 of one kind of outcome and 5 of another kind of outcome. ... ', '2 to 5 probability. There is a 28.57 percent probability of a particular outcome and 71.43 percent probability of another outcome.', '2 to 5 odds payout.']
987247
Odds compare one event to another event, whereas probability compares one event to both possible events. Thus, when the odds are 3 to 2, the fraction for the Odds is 3/2, but the fraction to calculate the probability is 3/5. Formulas and calculations used for 3 to 2 odds where A=3 and B=2. Odds.
924970
Probability of not getting 5 on either dice = 1- 11/36= 25/36.
1452156
In gambling, odds represent the ratio between the amounts staked by parties to a wager or bet. Thus, odds of 5 to 1 mean the first party (normally a bookmaker) stakes five times the amount staked by the second party. ... If you bet one hundred dollars and win you would be paid five hundred dollars, or 5 times 100.
438473
How do you convert odds to probability percentages? Decimal - 1 divided by the decimal odds, multiplied by 100 to give a percentage e.g. decimal odds of 2 = (1/2) * 100 = 50%. Fraction - 1 divided by (the fractional odds plus 1), multiplied by 100 to give a percentage.
1212095
In Bingo, the more cards in play, the lower the odds of winning. The odds are calculated by taking the number of cards you're playing divided by the total number of cards in play. So, if 100 cards are in play and you have 1 card, your chances of winning are 1 in 100.
720350
There are four equally likely possibilies, HH, HT, TH or TT, of which there are two, HH or HT, that have heads first. So the probability is 2/4 = 1/2. Notice this is the same as you would get if you tossed the coin once.
627211
2-7 (or 7-2 ON) means you get 2 units for every 7 staked. Don't forget, though, that your original bet is still returned, so you still win overall. Eg a £100 bet on a horse at 1-2 pays out £150 (1 / 2 x 100 + 100).
795711
To convert odds to probability, take the player's chance of winning, use it as the numerator and divide by the total number of chances, both winning and losing. For example, if the odds are 4 to 1, the probability equals 1 / (1 + 4) = 1/5 or 20%.
234950
Betting odds represent the probability of an event to happen and therefore enable you to work out how much money you will win if your bet wins. As an example, with odds of 4/1, for every £1 you bet, you will win £4. There is a 20% chance of this happening, calculated by 1 / (4 + 1) = 0.20.
614239
You're correct that there are 25=32 possible outcomes of tossing 5 coin. That gives us a probability of 532 that exactly one head will face up upon tossing 5 fair coins.
841059
So odds of 7-2 mean that for every $2 invested, the punter gets $7 profit in return. This means when you bet $2, the total return if the bet is successful is $9. Similarly, if a horse is at even money (ie 1-1), it's $2 profit for every $2 invested, or a total return of $4.
357689
["To convert from a probability to odds, divide the probability by one minus that probability. So if the probability is 10% or 0.10 , then the odds are 0.1/0.9 or '1 to 9' or 0.111.", 'To convert from odds to a probability, divide the odds by one plus the odds.']
836343
In this case we are flipping 5 coins -- so the number of possibilities is: 2 x 2 x 2 x 2 x 2 = 32. (Whew!) As you can count for yourself, there are 10 possible ways to get 3 heads. Thus, the probability of getting 3 heads from 5 coin flips is: 10/32, or 5/16.
585858
There are 36 equally likely outcomes from throwing two fair dice. In this case you are successful with 4 outcomes: 2 ,6; 6,2 ;3,4; 4,3. So required probability is 4/36 or 1/9.
77719
The Odds is like a side bet in craps made after a point is thrown. It pays if the point is thrown before a seven. The odds on the Odds are exactly fair, which zero house edge. To be specific, the Odds pays 2 to 1 on points of 4 and 10, 3 to 2 on a 5 and 9, and 6 to 5 on a 6 and 8.
248727
11/2 – OK, the 1 on the right has been replaced by a 2. In fractional odds only whole numbers are used, so instead of offering odds of 5.5/1 a bookmaker offers 11/2 instead. The same principle applies, but the odds show your return from a £2 stake instead. So 11/2 means you will win £11 for every £2 staked.