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Odds & margin

Odds-on

A price shorter than evens: the profit is smaller than the stake, because the outcome is seen as more likely than not.

Also called Short price

Example 1/2 = 1.50: $10 returns $15.

Good to know: The opposite is odds-against: a price longer than evens.

Related

Odds & margin Evens A price where the profit equals the stake: you double your money. Odds & margin Favorite The side the market expects to win, so the one with the shortest price. Odds & margin Implied probability The chance a price suggests. For decimal odds, divide one by the odds.

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