
"What does 11 to 65 odds mean?" Here we will tell you what 11 to 65 odds mean, what 11 to 65 probability means, and show you what a 11 to 65 odds payout would be.
11 to 65 odds
This means that out of 76 possible outcomes, odds are that there will be 11 of one kind of outcome and 65 of another kind of outcome.
For every 76, odds are that 11 will be a particular event and 65 will be another event.
11 to 65 probability
There is a 14.47 percent probability of a particular outcome and 85.53 percent probability of another outcome.
11 to 65 odds payout
If you bet 1 on a game with 11 to 65 odds and you win, your total payout will be 1.17 which is your bet plus 0.17 profit.
Odds vs. Probability
Note that odds and probability are not the same. Odds compare one event to another event, whereas probability compares one event to both possible events. Thus, when the odds are 11 to 65, the fraction for the Odds is 11/65, but the fraction to calculate the probability is 11/76.
Formulas and calculations used for 11 to 65 odds where A=11 and B=65
Odds
A / B =
11 / 65 =
11/65
Probability
A / (A + B) =
11 / (11 + 65) =
11/76 = 14.47%
Payout
((Bet*A)/B)) + Bet =
((1*11)/65)) + 1 =
1.17
Odds Calculator
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