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General => The Shed => Topic started by: katynewbie on November 18, 2008, 15:27:52

Title: Betting?
Post by: katynewbie on November 18, 2008, 15:27:52
 ???

Can someone explain betting odds to me in "cat sat on the mat" language? I have all sorts of vices, but have somehow missed out on the betting gene! What does 5/1 mean in cold hard cash?

::) ;)
Title: Re: Betting?
Post by: Flunky on November 18, 2008, 15:33:39
5/1 = £1 on you would get £6 back (£5 win and your £1 back).

11-2 would be the same as 5.5 - 1.

OMG i hope thats right. only bet on the occasional SURE THING !!!! ;D
Title: Re: Betting?
Post by: katynewbie on November 18, 2008, 15:51:14
 ;D

Ok, now I get it. Bet you all thought it would take longer to get an answer...thanks!

;) 8)