Difference Between Paid To and Paid For Odds
Written March 5, 2008 by Jack Jones
If you are a recreational gambler then you might not pay much attention to the difference between getting paid “to” one versus “for” one, but it’s a distinction that you are going to want to watch out for.
A payoff of “9 to1″ means the winner is paid nine chips for every chip bet; and since the winner keeps the chip wagered, he winds up with 10 chips in hand.
When the payoff is “9 for1″, the winner is paid nine chips for every chip wagered; however, the house keeps the originally wagered chip, leaving the winner with 9 chips in hand. Words to watch for!
Don’t get caught losing out on a chip that you wagered because you didn’t know the difference, a 3 to 1 bet is a lot different than a 3 for 1 bet, so not knowing the correct odds could take all of the value out of your wager!