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Q.

Are you able to understand betting terms like odds/against, odds/on, 3-1, 1-2 etc.? Can you throw light on some of them?

Asked by manish varma, 20 Jun '08 04:48 pm
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Answers (1)

1.

I do NOT gamble but to earn pocket money used to work at the race course.

odds/against: you expect that possibility NOT to take place

eg the odds against are5:3 means that if the person placing the bet wins he win 5 rs for every 3 rs he bets.

odds in favour means that we expect the event will not to occur. I

ex we bet on an outsider 20:1 and place a bet of Rs 500.that means that if that horse wins for your Rs 500 you get 500*20=10,000

For a favourite odds are 2:1,3:1
Answered by EmM, 20 Jun '08 06:27 pm

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