2000 1 Odds
Rivers Sportsbook is offering 1.20 odds on the Pats to beat the Falcons. This means that for every dollar you bet, you get your stake back plus 20 cents. Now, we support responsible betting, but let’s assume you’re wagering more than $1. If you bet $100, you get $120: your $100 stake + $20 profit. How to calculate odds. Our betting odds calculator takes a step further and calculates the percentage probability of winning and losing. The team would win 5 out of 6 games and lose 1 of them. By converting fraction to percent, we can say that the chances of winning are 5/6 = 83.33%, and of losing 1/6 = 16.67%.
What Are The Odds?
What are the odds?
What are the odds that you exist, as you, today?
Author Ali Binazir attemps to quantify the probability that you came about and exist as you today, and reveals that the odds of you existing are almost zero.
LET'S START SMALL
What is the probability of your dad meeting your mom?
Though the world was smaller 20 years ago, your dad could have met almost 200 million of its women (go dad!)
But over 25 years, he probably met around 10,000 women.
So the odds that your mom was in this small group and met your dad is: 1 in 20,000
BUT WE KNOW HOW TRICKY LOVE CAN BE.
What is the probability that they stay together long enough to have kids?
It is a 1 in 10 chance that they talk to each other.
Also a 1 in 10 chance that they go on a second date.
Another 1 in 10 chance that they keep dating for a while.
And a coin toss if they stay together long enough for offspring.
Thus, the odds that your parents' meeting results in kids is: 1 in 2,000
So far, the combines odds of you being here are: 1 in 40,000,000 That is about the size of the population of California.
NOW THINGS ARE GOING TO GET PRETTY INTERESTING
Why? Because we are about to deal with eggs and sperm, which come in large numbers.
Mom has about 100,000 eggs in her lifetime.
Dad makes about 4 trillion sperm during the years you could have been born.
What are the odds that the 1 egg... (Sally)...
...met the 1 sperm, which together made you(and not your brother)? (Harry)
1 in 400,000,000,000,000,000 (1 in 400 quadrillion)That is approximately the volume in cubic meters of the Atlantic Ocean (3,236x10 17 cubic meters).
BUT WE'RE JUST GETTING STARTED
Because your existence here, now, and on planet earth presupposes another supremely unlikely and utterly undeniable chain of events. Namely, that every one of your ancestors lived to reproductive age- going all the way back not just to the first Homo sapiens, first Homo erectus and Homo habilis, but all the way back to the first single-celled organism. You are a representative of an unbroken lineage of life going back 4 billion years.
What are the odds that you lineage remained unbroken for the length of human existence?
(You.Aw.)
1 in 2 odds that a child will be born, grow, and reproduce per generation...
... for 150,000 generations
1 in 10 45,000
That's a 10 with 45,000 zeroes after it.
How large is that number?
That number is not just larger than all the particles in the universe-it is larger that all the particles in the universe if each particle were itself a universe.
THAT'S PRETTY BIG, BUT WAIT A MINUTE.
The right sperm also had to meet the right egg for every single one of those ancestors.
(Weeeee!)
ODDS OF THE RIGHT SPERM, MEETING THE RIGHT EGG 150,000 TIMES?
1 in 10 2,640,000
That is 1 quadrillion multiplied by 1 quadrillion for every generation.
Let's add it all up
10 2,640,000 x 10 45,000 x 2000 x 20,000= 1 in 10 2,685,000
BY COMPARISON:
The number of atoms in the body of an average male (80kg. 175 lb) is about: 10 27
The number of atoms making up the earth is about: 10 50
The number of atoms in the known universe is estimated at: 10 80
THINK OF IT LIKE THIS:
It is the probability of 2 million people getting together (about the population of San Diego) each to play a game of dice with trillion-sided dice. They each roll the dice, and they all come up with the exact same number-for example, 550,343,279,001.
SO, THE ODDS THAT YOU EXIST AT ALL ARE:
BASICALLY ZERO.
A miracle is an event so unlikely as to be almost impossible. By that definition, we have just shown that you are a miracle.
Now go forth and feel and ac like the miracle that you are. what are the odds? What are the odds that you exist, as you, today? Author Ali Binazir attemps to quantify the probability that you came about and exist as you today, and reveals that the odds of you existing are almost zero. START LET'S START SMALL. What is the probability of your dad meeting your mom? Sa the odds that your mom was in this small group and met your dad is: But over 25 years, he probably met around 10,000 women. Though the world was smaller 20 years ago, your dad could have met almost 200 million of its women (go dad! 1 in 20,000 BUT WE KNOW HOW TRICKY LOVE CAN BE. What is the probability that they stay together long enough to have kids? Thus, the odds that your parents' meeting results in kids is: 1 in 2,000 Also a 1 in 10 chance that And a coin toss if they stay together lang enough for offspring. It is a 1 in 10 chance that they talk to each other. Another 1 in 10 chance that they keep dating for a while. they go on a second date. 1 in 40,000,000 So far, the combined odds of you being here are: That is about the size of the population of California. NOW THINGS ARE GOING TO GET PRETTY INTERESTING. Why? Because we are about to deal with eggs and sperm, which come in large numbers. Mom has about 100,000 eggs in her lifetime. Dad makes about 4 trillion sperm during the years you could have been born. What are the odds that the 1 egg... ..met the 1 sperm, which together made you (and not your brother)? Sally) (Harry.) 1 in 400,000,000,000,000,000 (1 in 400 quadrillion) That is approximately the volume in cubic meters of the Atlantic Ocean (3.236x10 cubic meters). BUT WE'RE JUST GETTING STARTED. Because your existence here, now, and on planet earth presupposes another supremely unlikely and utterly undeniable chain of events. Namely, that every one of your ancestors lived to reproductive age going all the way back not just to the first Homo sapiens, first Homo erectus and Homo habilis, but all the way back to the first single-celled organism. You are a representative of an unbroken lineage of life going back 4 billion years. (You. Aw.) What are the odds that your lineage remained unbroken for the length of human existence? 1 in 2 odds that a child will be born, grow, and reproduce per generation. That number is not just larger than all of the particles in the universe - it is larger than all the particles in the universe if each particle were itself a universe. ..for 150,000 generations. 1 in 1045,000 That's a 10 with 45,000 zeroes after it. How large is that number? THAT'S PRETTY BIG, BUT WAIT A MINUTE. That is 1 quadrillion multiplied by 1 quadrillion for every generation. The right sperm also had to meet the right egg for every single one of those ancestors. Weeeeell ODDS OF THE RIGHT SPERM, MEETING THE RIGHT EGG 150,000 TIMES? 1 in 102,640,000 let's add it all up 2,640,000 45,000 10 х 10 х 2000 х 20,000 ~ 1 in 102,685,000 BY COMPARISON: The number of atoms in the body of an average male (80kg, 175 lb) is about: 1027 The number of atoms making up the 1050 earth is about: 1080 The number of atoms in the known universe is estimated at: THINK OF IT LIKE THIS: It is the probability of 2 million people getting together (about the population of San Diego) each to play a game of dice with trillion-sided dice. They each roll the dice, and they all come up with the exact same number – for example, 550,343,279,001. SO, THE ODDS THAT EXIST AT ALL ARE: Basically zero. A miracle is an event so unlikely as to be almost impossible. By that definition, we have just shown that you are a miracle. * Now go forth and feel and act like the miracle that you are. * visual ly SOURCE: http://blogs.law.harvard.edu/abinazir/2011/06/15/what-are-chances-you-would-be-born/
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Welcome to the Sports Betting Odds section of The Sports Geek. If you are new to sports betting and don’t understand how to read betting odds (+150, -110, +2200, etc) we will lay it all out for you and help you learn how the betting odds work.
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Sports Betting Odds Explained
Many people don’t know how to read or calculate sports betting odds, so below we have done our best on explaining how betting odds work. The most common type of sports betting odds used in North America are the American style odds which we explain below.
American Style Sports Betting Odds
Most online sportsbooks will list their odds in what is called “American Odds”. There are a couple different versions of sports betting odds, but these American Odds are the most common odds used. Reading and understanding sports betting odds can bet a little confusing to beginners, so we have provided an example below using two NFL football teams:
American Odds
- Matchup Odds
- New England Patriots +120
- Pittsburgh Steelers -140
The number shown in the bracket represents the odds. The American Odds have two components to them, the first being the positive or negative sign, and the second being the number that follows the sign.
The sign in front of the number indicates whether placing a wager on that outcome will pay out more money then you have wagered or less money then you have wagered. If the odd is negative (-) it means that outcome is more likely to happen and placing a bet on that outcome would payout less than the amount you wagered, while a positive (+) odd shows that the outcome is less likely to happen and it would pay out more than the amount you wagered.
The next step is figuring out exactly how much the bet pays out, which is where the numbers in the odds come into play.
A listed odd with a – sign in front of it, such as the -140 in our example above, shows us how much money you would need to wager in order to win $100. So using the -140, this would show us that you would need to bet $140 in order to win $100 in profits. You can easily substitute the $100 bet for a $10 bet by moving the decimal place over one spot, showing us that you would need to wager $14 in order to win $10 in profits.
What Are 1 In 1000 Odds
Examples:
A listed odd with a + sign in front of it, such as the +120 in our example above, shows us how much money you would win on a $100 bet. Using the +120 odds, it shows us that a $100 bet on that outcome would pay out $120 in profits. Again this can easily be converted into smaller or larger size bets. A $10 bet on +120 odds would pay out $12 in profits.
Examples:
Below is an example of NFL betting odds taken from an online betting site.
In this example you can see Los Angeles is listed at +130 ($100 bet pays $130 plus of course your original wager back) and New England is listed at -150 ($150 bet pays $100).
The great thing about betting online is that the online sportsbooks will do the calculations for you before you place your bet. You can click on the outcome or team you would like to bet on, and then input the amount you wish to wager and it will show you your potential pay out before you confirm your bet.
Ready To Start Betting?MyBookie and BetUS are my two favorite sportsbooks and make betting very easy. You will also get a Free Money Bonus at each sportsbook if you follow either link above.
Decimal Style Sports Betting Odds
2000/1 Odds
Decimal style odds are used mostly in Europe, and are pretty easy to understand. To calculate the decimal style odds all you will need to do is simply multiply the amount you wish to wager by the decimal odds shown and you will get your payout. For example it may look something like this:
If you wanted to place a $10 wager on the USA at 2.40 you would simply need to multiply your $10 wager by the 2.40 odds (10 x 2.40) to find out that the payout is $24. It is important to realize that with decimal style odds it includes the amount you wagered, so to find out profits you would need to subtract your wager ($24 – $10) to find out your potential payout is $14 in profits.
2000-1 Odds Payout
If you wanted to place a $10 wager on Brazil you would again just multiply $10 x 1.55 to find out that you would win $15.50 total or $5.50 in profits.
2000 To 1 Odds
Decimal style betting odds are very simple to understand, but you won’t see them displayed in many North American sportsbooks. With that said, most online betting sites will allow you to chose the style of betting odds you want displayed, with American odds set as the default.