What does 4-1 odds payout

what does 4-1 odds payout

To work out the return on any bet, simply enter the Odds and the Stake. For example, if The Instant Bet Calculator will then show the return on a: Win only bet.
These numbers are the ODDS for the given horse. This list does not inclued every possible odd (obviously), so to figure it out on your own.
Odds are a numerical expression, usually expressed as a pair of numbers, used in both In gambling, the odds are the ratio of payoff to stake, and do not necessarily reflect exactly the probabilities. Odds are . If the gamble was paying 4/1 and the event occurred, one would make 50 units, or a profit of 40 units. So, it is. what does 4-1 odds payout