Quote:
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Originally Posted by SentToStud
Another way to explain it in "horse odds" lingo:
To Win: $100
Must Bet: $185
Horse Odds = $100 / $185
= $.54 to $1
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Maybe I should add that STS's example is for -185. For any negative number, the number is the amount you have to bet to win $100.
When the number is positive, such as +169, then the number is the amount you win if you bet $100.
--Dunbar