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So, if the bet is 7/1 for the underdog to win in a football game, it means that 7 times out of 8 the underdog will lose the game. But, 1 time out of 8 the underdog will win. The reason you would place this bet is because you think that this will be the 1 time that the underdog wins.

What Does 7 to 1 Odds Mean? - Bitedge

bitedge : blog : what-does-7-to-1-odds-mean

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Number Converter

1 in __	Decimal	Percent
1 in 7	0.14	14%
1 in 8	0.13	13%
1 in 9	0.11	11%
1 in 10	0.10	10%

Number Converter and Risk Charts - Know Your Chances - NCBI

ncbi.nlm.nih : books : NBK126161

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