making sense of the
odds
probability
of winning
of winning
use this to change
the probability
of a team winning,
and see how it
affects the odds.
the probability
of a team winning,
and see how it
affects the odds.
high
75%
75%
low
25%
25%
odds
1.55
if you bet on a team
that is more likely
to win, the odds
will be low and this
means a smaller
potential payout.
if you bet on a team
that is less likely
to win, the odds
will be high and
this means a bigger potential payout.
that is more likely
to win, the odds
will be low and this
means a smaller
potential payout.
if you bet on a team
that is less likely
to win, the odds
will be high and
this means a bigger potential payout.
for every
$1
odds
payout