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To convert from a probability to odds, divide the probability by one minus that probability. So if the probability is 10% or 0.10 , then the odds are 0.1/0.9 or '1 to 9' or 0.111. To convert from odds to a probability, divide the odds by one plus the odds.
A useful shortcut to calculating the odds of completing a hand from a number of outs is the rule of four and two . The player counts the number of cards that will improve his hand, and then multiplies that number by four to calculate his probability of catching that card on either the turn or the river.
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If this question pertains to football, home or away involves the two opposing teams. The first named is usually the team with home ground advantage while the other team is playing away from home. Regarding 'over 1.5'. this means betting that at least two goals will be scored in the match.
In a +1.5 handicap bet, the team that is given the handicap needs to win by two goals for the bet to be successful. The two teams are given virtual goals, so that the total number of goals for both teams is equal. If a team wins by one goal, the bet is deemed a draw and the stake is refunded.
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example: AR$100 bet at 1.50 odds will pay outR$150 ($50 profit, plus yourR$10 oddsWill
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