What does 72 to 5 odds mean?

"What does 72 to 5 odds mean?" Here we will tell you what 72 to 5 odds mean, what 72 to 5 probability means, and show you what a 72 to 5 odds payout would be.

72 to 5 odds
This means that out of 77 possible outcomes, odds are that there will be 72 of one kind of outcome and 5 of another kind of outcome.

For every 77, odds are that 72 will be a particular event and 5 will be another event.

72 to 5 probability
There is a 93.51 percent probability of a particular outcome and 6.49 percent probability of another outcome.

72 to 5 odds payout
If you bet 1 on a game with 72 to 5 odds and you win, your total payout will be 15.40 which is your bet plus 14.40 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 72 to 5, the fraction for the Odds is 72/5, but the fraction to calculate the probability is 72/77.

Formulas and calculations used for 72 to 5 odds where A=72 and B=5

Odds
A / B =
72 / 5 =
72/5

Probability
A / (A + B) =
72 / (72 + 5) =
72/77 = 93.51%

Payout
((Bet*A)/B)) + Bet =
((1*72)/5)) + 1 =
15.40

Odds Calculator
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