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I'm first!!!

I've just had a little punt on Bernie to get the nomination- It seems to me 9/2 are pretty good odds in a two horse race.
 
If it comes down to a race between Trump and Bernie, we all lose either way.
 
JumpinJack said:
Under the tab for Republican candidate, Jeb has a 7, Trump a 21/10, Rubio 23/23. Does that mean Bush is the odds on favorite to win the Repub nomination?
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This should help.

Understanding Betting Odds - How To Use Decimal, Fractional, and American Betting Lines

Let’s say you see a bet in which the odds are 5/1. What this tells you is that you stand to win 5 units for every 1 unit you risk. In this case, a £10 bet would return a net profit of £50. Fractional odds do not include the return of your original stake; they only show your net profit if your bet is a winner. To continue the example, your total return would be £60 (your £10 stake plus the £50 in winnings).

Now, let’s take that same example and reverse it. In this case, let’s say you see a bet with odds of 1/5. In this case, you are being asked to risk 5 units for every 1 unit in profit. A £50 bet at 1/5 would return £10 in net profit. Your total return in this case would be £60.

Fractional odds aren’t always as “clean” as in the above examples. In many cases, the odds look something like 8/5 or 17/20. Just remember that the first number always shows how much you stand to win while the second number shows how much you’re being asked to risk.
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JumpinJack said:
I don't know how to read that chart. I'm not a gambler. What does it mean to have two numbers separated by a slash? 4/5 What does it mean just to have a single number by someone's name? Example: 500.
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4/5 means you put $5 on to make a $4 profit - so if you bet $5 you come away with $9 (your original stake plus $4). Conversely if it's 5/4 you more than double your money- on a $5 bet you come away with $11.25 (your original stake plus $6.25). It's easier when it's expressed /1. For example 2/1- For every $ you bet, you get 2 back if you win, plus your stake. The 500 means 500/1- You get 500 back for every $. So on a $1 bet you come away with $501 if you win.

I'm probably over complicating it, but I should emphasis, I'm no maths teacher.
 
JumpinJack said:
Under the tab for Republican candidate, Jeb has a 7, Trump a 21/10, Rubio 23/23. Does that mean Bush is the odds on favorite to win the Repub nomination?
Click to expand...

On site settings, choose decimal. That will give odds in a more understandable format if you are not used to "bookie" style. Odds will be THAT NUMBER/1.

By the way, I like Howard Stern's chances. Vermin Supreme fares better. LOL.
 
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Jack of Devon said:
4/5 means you put $5 on to make a $4 profit - so if you bet $5 you come away with $9 (your original stake plus $4). Conversely if it's 5/4 you more than double your money- on a $5 bet you come away with $11.25 (your original stake plus $6.25). It's easier when it's expressed /1. For example 2/1- For every $ you bet, you get 2 back if you win, plus your stake. The 500 means 500/1- You get 500 back for every $. So on a $1 bet you come away with $501 if you win.

I'm probably over complicating it, but I should emphasis, I'm no maths teacher.
Click to expand...

I see. I get it. Thanks.
 
danarhea said:
On site settings, choose decimal. That will give odds in a more understandable format if you are not used to "bookie" style. Odds will be THAT NUMBER/1.

By the way, I like Howard Stern's chances. Vermin Supreme fares better. LOL.
Click to expand...

Oh, yeah....that will help. (really. not being sarcastic) Thanks.

I recently read that gambling odds predict the political winners more often than polls. Don't know if that's true.
 
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