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Suppose the odds for a bet are 8: 1. Your friend tells you that he thinks the odds are too generous. Select all of the odds that are less generous. (4:1, 18:1, 14:1, 19:1)

User Roelvogel
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1 Answer

18 votes
18 votes

Suppose the odds for a bet are 8: 1. Your friend tells you that he thinks the odds are too generous. Select all of the odds that are less generous. (4:1, 18:1, 14:1, 19:1)

Remember that

Probability and odds are slightly different ways of describing a player's chances of winning a bet.

8:1 is the same that have a probability of 1/8 (0.125 or 12.5%)

Verify each value

4:1 -----> 1/4 (25%)

18:1 ----> 1/18 (5.56%)

14:1 ----> 1/14 (7.14%)

19:1 ----> 1/19 (5.26%)

therefore

the odds that are less generous are

18:1

14:1

19:1

User Reuel Ribeiro
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