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This is a minor difference if the probability is small close to zero, or "long odds"but is a major difference if the probability is large close to one.

Thus if expressed as a fraction with a numerator of 1, probability and odds differ by exactly 1 in bambling denominator: Retrieved 10 December Going into Week 8 of the NFL season, lots of in-game betting trends have developed that can give bettors of the live game a serious advantage with Odds are expressed in the form X to Y, where X and Y are numbers. View from Down Under: There are 2 out of 15 chances in favour of blue, 13 out of 15 gamblling blue.

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