For example, a Pick Three Part Wheel 2 with 4,6,9 with 1,2,7,8,10 = (1 horse x 3 horses x 5 horses) = 15 possible combinations or $15 based on a $1 Pick Three. Pick Four Calculator The object of the Pick Four is to pick the winners in four consecutive races. The #1 Ranked Poker Odds Calculator by CardsChat™ - Easy & FREE tool for calculating odds for Hold'em, Omaha & more. Find on Google Play & App Store. These odds are most used for betting on horse racing in the UK. They represent the proportion you win based on your stake. So, let’s visit the Pats-Falcons game one more time. If the Patriots have 5/3 odds to win, that means you get $5 for every $3 you bet. To calculate fractional odds yourself, use the below equation.

Calculator Use

Convert stated odds to a decimal value of probability and a percentage value of winning and losing. This calculator will convert 'odds for winning' an event or 'odds against winning' an event into percentage chances of both winning and losing.

1. To calculate the odds of rolling two dice with a sum of four (for instance, a 1 and a 3), begin by calculating the total number of outcomes. Each individual dice has six outcomes. Take the number of outcomes for each die to the power of the number of dice: 6(number of sides on each die) 2(number of dice) = 36 possible outcomes.
2. If $10 is bet at odds of 3/1, the potential profit is $30 ($10 x 3) and the total returned is $40 ($30 plus the $10 stake). Implied Probability. Odds correlate to probability. A 4/1 bet is expected to win one in every five attempts, therefore the probability is 20%. Odds Conversion Table.

Be careful if you are using sports teams odds or betting odds. If you see that the Patriots super bowl odds are 9/2, that is most likely 'odds against' and should be entered in the calculator with 'Odds are: against winning.'

6 1 Odds Calculator Express Entry

When playing a lottery or other games of chance be sure you understand the odds or probability that is reported by the game organizer. A 1 in 500 chance of winning, or probability of winning, is entered into this calculator as '1 to 500 Odds are for winning'. You may also see odds reported simply as chance of winning as 500:1. This most likely means '500 to 1 Odds are against winning' which is exactly the same as '1 to 500 Odds are for winning.'

Probability Formulas:

This calculator will convert 'odds of winning' for an event into a probability percentage chance of success.

Odds, are given as (chances for success) : (chances against success) or vice versa.

If odds are stated as an A to B chance of winning then the probability of winning is given as P_W = A / (A + B) while the probability of losing is given as P_L = B / (A + B).

For example, you win a game if you pull an ace out of a full deck of 52 cards. Pulling any other card you lose. The chance of winning is 4 out of 52, while the chance against winning is 48 out of 52 (52-4=48). Entering A=4 and B=48 into the calculator as 4:48 odds are for winning you get

For 4 to 48 odds for winning;
Probability of:
Winning = (0.0769) or 7.6923%
Losing = (0.9231) or 92.3077%
'Odds for' winning: 1:12 (reduced from 4:48)
'Odds against' winning: 12:1 (reduced from 48:4)

Further Reading

Handicap of Course Calculator

Use this calculator to find out the handicap of a golfer for a specific course.

Index of Handicap Calculator

Use this calculator to compute the index of handicap for a golfer given data from at least 54 holes (3 rounds of 18-holes) of playing data. When filling the form, please provide either an 18-hole or 9-hole score. Do not provide both. The playing condition adjustment is an optional value between -1 and 3. If left blank, it will be treated as 0.

A golf handicap is intended as a measure of a golfer's potential playing ability. The higher the handicap of a golfer, the poorer the golfer's ability relative to that of a person with a lower handicap.

In terms of stroke play (a scoring system involving counting the total number of strokes a golfer takes on each hole during a given round), a more skilled golfer gives the less experienced player a 'handicap' in which extra strokes are added to his or her score. The player that has the fewest strokes at the end of the round is the winner. A handicap theoretically allows players of differing ability levels to play together on more equal grounds. Although handicap systems are prevalent in amateur golf, they are not used in professional golf.

A golf handicap is often determined at the course where a golfer typically plays, and though certain details of a handicap system may vary, handicaps are generally based on a recent history of a golfer's rounds. This means that a handicap is not static, and is regularly adjusted.

The term 'handicapping' originated in horse racing where a jockey was handed his odds for the race in a cap (hand-in-cap). The concept however, existed long before the term was coined. Even in the early days of the sport, the act of allowing strokes in golf was called 'assigning the odds,' which was a task assumed by a group of administrators. These individuals were referred to as the 'adjustors of the odds,' and were the precursors of the modern Handicap Committee's present in golf clubs.

'Scratch golfers' and 'bogey golfers' are terms that are often used in relation to golf handicaps. A scratch golfer is a golfer whose handicap is zero, while a bogey golfer is one whose handicap is approximately 18.

Rating of course, rating of slope, and handicap of course

In the United States, officially rated golf courses are described by course and rating of slope. Rating of course is a number (typically between 67 and 77) that is used to measure the average 'good' score that a scratch golfer may attain on the course. A rating of slope in contrast, is a number (typically between 55 and 155) describing the relative difficulty of a course for a bogey golfer compared to a scratch golfer.

A handicap of course indicates the number of strokes that a golfer receives at a particular golf course. It can be thought of as an adjustment to a golfer's handicap that takes the difficulty of a golf course into account. It is the number of strokes that should be deducted from a golfer's gross score to determine net score.

Playing condition adjustment

Since golf is a game that is played outdoors, weather or other conditions can significantly affect a player's scores. As such, in an effort to more accurately represent a player's scores, an adjustment, referred to as the Playing Conditions Calculation (PCC), based on playing conditions for the course is included. This involves factoring in a number, ranging from -1 (when conditions make the course easier) to 3 (when conditions make the course more difficult), into the score differential calculation, depending on the conditions of the course for the given day.

6 1 Odds Calculator

For example, if the conditions on a course are relatively bad on a given day (e.g. rain and heavy wind), the player's score can be adjusted to reflect that, given a day with relatively better weather conditions, the player's score would likely have been better, and the score will be automatically adjusted using statistical procedures to more accurately reflect these conditions. The same is also true in particularly good weather conditions that could cause a player's scores to be better than they otherwise would be.

6/1 Odds Calculator

Because this adjustment is dependent on a given day, and since it is calculated automatically, it is important that players submit their scores on the actual day of play so that the PCC will be applied to their score on the correct day. This calculation is intended to be conservative and will not be applied unless there is strong statistical evidence that it is necessary.