In contrast, odds of 1/2 would pay out only 50% of the initial stake, resulting in a $50 profit for a $100 bet. If you were to bet $100 at these odds and win, your profit would be $200. Conversely, when the smaller number is divided by the larger number, as in 1/2, the odds will result in a lower payout than the initial bet.įor instance, odds of 2/1 imply a payout that's three times the original amount wagered, equating to a 200% return.
When you divide the larger number by the smaller number, as in the case of 2/1, the odds will yield a higher payout than the original wager.
