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Anonymous Posted 10 years ago
Vocabulary

Odds from 6/1 to 3/1 behind 11/4 favourite

"It has halved May’s odds from 6/1 to 3/1, making her a clear second favourite, behind 11/4 favourite Boris Johnson." (The Guardian.)

What do numerators and denominators indicate in the cited above common fractions?
  

Top answer

"Odds" tell you how much you will win if you successfully bet on a certain outcome. They aren't fractions in the normal sense. Odds of X/Y (pronounced "X to Y") mean that for every Y units of currency you stake, you stand to win X units, in addition to the return of your stake Y, in the event that your bet is successful.

  • "Odds" tell you how much you will win if you successfully bet on a certain outcome.
  • They aren't fractions in the normal sense.
  • Odds of X/Y (pronounced "X to Y") mean that for every Y units of currency you stake, you stand to win X units, in addition to the return of your stake Y, in the event that your bet is successful.
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2 Answers
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"Odds" tell you how much you will win if you successfully bet on a certain outcome. They aren't fractions in the normal sense. Odds of X/Y (pronounced "X to Y") mean that for every Y units of currency you stake, you stand to win X units, in addition to the return of your stake Y, in the event that your bet is successful.
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Thank you, GUY, for that fine explanation.

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