HI I am trying to get my head around odds maybe someone can explain it better.
here is a example a person writes down a number one to 5 and bets $5 against your $1 that you cannot guess the number, should you take the bet?
now the answer is yes because you are getting $5 to $1 on a 4 to 1 proposition shouldn't this be 5 to 1 ? so it is a even bet so there is no point of betting?
Jeremy M. Smith