Hi,i think i understand the basic of how odds work,like 4 - 1 means if u put a R10 bet u get R40 back,but ive seen 17/20,i have no idea what that means.Does that mean for every R20 u bet u only get R17 back?So even if your team wins u making a loss.
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Help With Betting Odds
- Thread starter lilggg
- Start date
killadoob
Honorary Master
17/20 which is kinda strange but it equates to 8/10 so for your 10 rand you get back 8 rand. Well 18 rand in total.
You need to divide 17 by 20.
http://www.paddypower.com/football/football-matches
Check the chile game
8 / 13 = 6/10 so 10 rand you get back 6 rand or total you get back is 16 rand. Brazil went off at 1/14
You need to divide 17 by 20.
http://www.paddypower.com/football/football-matches
Check the chile game
8 / 13 = 6/10 so 10 rand you get back 6 rand or total you get back is 16 rand. Brazil went off at 1/14
The_Pumpkin_King
Jedi Master
No, if you bet R20 you get R17 + R20 so you get R37 back
Pitbull
Verboten
17/20 = 0.85
In those odds I think you get your bet back + 0.85 or 85% of your bet on top of the innitial bet
I can be wrong though.
killadoob
Honorary Master
You may be right on that 17/20 as i am not sure what site it comes from but generally you would divide 17 by 20 and get 8/10 or as pitbull say you win back 85% of what you laid out.
Pitbull
Verboten
killadoob
Honorary Master
What you played and 4-1 so 50
Pitbull
Verboten
Just remember these odds are a clear indication of what the possible outcome might be (No one can see the future thus they use odds)
If you see a horse in a horse race with a 43/1 odd the you know it's a bloody Donkey they got on the track some how. Now you get strange odds like 17/20 when it's a pretty close call between 2 or 3 horses. 1-1 would be a pretty sure bet, so 17/20 (0.85) even more so. They want to pay as little as possible on sure bets. That is how gambling works
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killadoob
Honorary Master
I have no idea where you getting those from dude, can you provide a source and i would recommend you use www.paddypower.com for betting.
45/10 is 4.5/1 basically as you say.
No gambling and betting like this are very different, they make more money when a favourite gets burnt than they do when they win. They want upsets because that is where the money lies.
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Pitbull
Verboten
45/10 would be 450% they would use that instead as they can't say 4.5/1 that is why you get the strange number to cancel out the decimals.
Like your example would have been 0.85/1 which just doesn't seem right
But it also indicate the min bet in some cases. Where 45/10 means you need a min bet of 10.killadoob
Honorary Master
Who had 11/20 odds to win? england?
Look american to me so i am not sure if it works the same as the UK.
www.paddypower.com dude.
Far better more focused on football. Interwetten is also superb.
Look american to me so i am not sure if it works the same as the UK.
www.paddypower.com dude.
Far better more focused on football. Interwetten is also superb.
Pitbull
Verboten
Now that is a pretty straight forward indication that England is the favourite. What was the odds on a Draw ? Sure you could have made some good money on that game
killadoob
Honorary Master
Yea so then it works the same as the UK cause 11/20 = 5/10 which is about right.
Well the USA was like 8/1 to win. draw i think was around 22/10.
The 10 is not the minimum you can play, it just means 2.2/1 which is very odd looking and not the correct format.
Well the USA was like 8/1 to win
. draw i think was around 22/10.The 10 is not the minimum you can play, it just means 2.2/1 which is very odd looking and not the correct format.