How much do you win on 12 1 odds?

What does 12 to 1 odds mean?

Answer: 12-1 Betting Odds means that out of 13 possible outcomes, the 12/1 odds are that there will be 12 of one kind of outcome and 1 of another kind of outcome. The 12-1 odds calculation means for every 13 betting events your selection should win 1 time and on 12 occasions the selection will not win.

What do 12 to 1 odds pay?

Answer: 12 to 1 odds payout
If you wager a bet on a 12/1 betting odds selection and you win, your total payout will be 13.00 which is your stake back plus 12.00 profit.

How much do you win on 5 to 1 odds?

Answer: Example #1: A horse that wins at 5-1 will return $5.00 for every $1.00 wagered. If you had placed the minimum bet of $2 on that horse to win, your payoff will be: $10 (5 x 1 x $2) + your original bet of $2 – for a total of $12. Example #2: A horse that wins at 9-2 will return $4.50 for every $1.00 wagered.

What horse wins 80 to 1 odds?

Answer: Rich Strike won the 148th Running of the Kentucky Derby
Derby
A derby (UK: /ˈdɑːrbi/ DAR-bee, US: /ˈdɜːrbi/ DUR-bee) is a type of horse race named after the Derby Stakes run at Epsom Downs Racecourse in England.
https://en.wikipedia.org › wiki › Derby_(horse_race)
Derby (horse race) - Wikipedia
, overcoming 80-1 odds to pull off one of the most shocking upsets in race history. Epicenter, who went off as a 4-1 favorite, finished second, and Zandon came in third.

How much do you win on 6 1 odds?

Answer: A fractional listing of 6/1 (six-to-one) odds would mean that you win $6 against every $1 you wager and receive your dollar back (i.e., the amount you wagered).