"Claudio Ranieri's Leicester side started the campaign as 5,000-1 outsiders for the title, having narrowly escaped relegation last season.
They are now 1-16 to claim their first top-flight success after leaving Manchester United, Arsenal, Manchester City and defending champions Chelsea in their wake. How Leicester's odds have plunged 1 August: 5,000-1; 1 September: 1,500-1; 1 October: 1,500-1; 1 November: 500-1; 1 December: 66-1; 1 January: 16-1; 1 February: 7-1; 1 March: b; 1 April: 4-7. 25 April: 1-16." (BBC Sport website.)
In what way should those odds be read? What does it mean when the odds are "1-16" or "16-1"?
Top answer
1-16 is 'sixteen to one on '. 16-1 is 'sixteen to one' or 'sixteen to one against'.
— Rover_KE
1-16 is 'sixteen to one on '.
16-1 is 'sixteen to one' or 'sixteen to one against'.
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