Juliooooo wrote: ↑Fri May 20, 2022 1:58 am
D-train wrote: ↑Thu May 19, 2022 8:41 pm
Juliooooo wrote: ↑Thu May 19, 2022 8:13 pm
I don't bet a lot, so I'm not sure, but a 305 payout on a 100 dollar bet isn't 3/1 odds? Maybe they just don't use those terms for bets.
2/1......the $100 you get back doesn't count. You can see the +205 on the ticket.
I'm not buying it. 2/1 odds would mean you get 2 dollars for every bet. Again, but sure if betters use that terminology often, but I'm fairly confident that that the bet in question was 3/1 odds.
In betting, odds represent the ratio between the amounts staked by parties to a wager or bet. Thus, odds of 3 to 1 mean the first party (the bookmaker) stakes three times the amount staked by the second party (the bettor).
It's even written on the bet +205 which is 2.05/1
You always get your stake back on a winning bet.
Or if you want..... you bet 100, the bookie bets 205 - whoever wins keeps all the money staked if you want to think of it that way i.e. the bit you quoted with 305 being the total payout either way but that's a very complicated way of interpreting it