General Betting
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Can someone tell me how to convert % into odds pls??
e.g A vs B i feel A has 68% chance of winning what should its odds be?
Many thanks in advance.
e.g A vs B i feel A has 68% chance of winning what should its odds be?
Many thanks in advance.
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i want to turn odds into %. whats the maths
6/4
2/1
10/1
6/4
2/1
10/1
100/((6/4) +1) = 40%
100/((2/1) +1) = 33.33%
100/((10/1) +1) = 9.09%
100/((2/1) +1) = 33.33%
100/((10/1) +1) = 9.09%
The question is what percentage you are looking for.
If you bet a horse at even money (1/1) you will get back 2 for every 1 bet - your stake of 1 plus 1. In other words you'll make a profit of 100%. Looked at the other way round that horse has one chance out of every two of winning (half or 50%).
If the horse is 9/1 you'll get back 10 for every one, making a profit of 900%. That horse is judged as having one chance out of every 10 of winning - or 10% and 9 chances out of every 10 of not winning.
And so on.
Work out those reverse percentages, add em up and you'll get the little number at the top of the market display - if you're quick enough.
If you bet a horse at even money (1/1) you will get back 2 for every 1 bet - your stake of 1 plus 1. In other words you'll make a profit of 100%. Looked at the other way round that horse has one chance out of every two of winning (half or 50%).
If the horse is 9/1 you'll get back 10 for every one, making a profit of 900%. That horse is judged as having one chance out of every 10 of winning - or 10% and 9 chances out of every 10 of not winning.
And so on.
Work out those reverse percentages, add em up and you'll get the little number at the top of the market display - if you're quick enough.
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