Need some help

[dominicdg]

how do u caculate how much you will win on a bet. For example if odds are -176 or -305 and u wager like 45.00. My friend said its

45*0.176 or 0.305 = the amount won

is that right

 

[CookieNBabe]

No, that is incorrect.

But its late and Ill post the formula later. :lol:


Briefly, if your friend was right, you would get a better return on the .305 favorite than you would on the .176 favorite used in your example.

 

[MIKEY.1TIME]

your bet divided by 1.76 or 3.05 in your scenario, but usually your bet figure is what you want to WIN not LOSE