Probably a stupid question...

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  • oilcountry99
    SBR Wise Guy
    • 08-29-10
    • 707

    #1
    Probably a stupid question...
    My math skills are failing me at the moment. Can someone tell me how to calculate the following:

    odds of +134

    how do you calculate how much you need to risk at these odds to win a given amount say $2 for our purposes.

    is there an online calculator for this?

    Risk x amount at +134 = $2
  • Vesuvius
    SBR MVP
    • 02-19-08
    • 3886

    #2
    look at it like 1.34 and multiply and divide

    2 / 1.34 = 1.49 to risk

    multiply for the other way around
    Comment
    • oilcountry99
      SBR Wise Guy
      • 08-29-10
      • 707

      #3
      Thanks, I knew it had to be easy
      Comment
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