1000 To 1 Odds

Leicester City have defied all the odds, exactly 5000 of those odds and gone on to win the English Premier League. The is the greatest achievement in the clubs 132-year-old history. But it's hard to imagine exactly how unlikely 5000-1 odds are.

This means there was a 1 in 5000 chance of this event happening, 0.02%. If you can toss a fair coin 12 times and get it to land on heads 12 times, the chances of that happening are about 4000 to 1. This might seem likely to happen but give it a try.

A hypothetical example: You have a 1/1000 chance of being hit by a bus when crossing the street. However, if you perform the action of crossing the street 1000 times, then your chance of being hit by a bus increases to about 60% because every time you do the action, the probability of it. The bet calculator allows you to input your stake & odds in American formats to quickly calculate the payout for your bets.1,000-100 or +100 +1000. Your total payout with the current.

• However 29/1 is not used in betting markets, instead 30/1 is used, so that is what appears in this converter. For an explanation of the odds types on this table see decimal, fractional and American odds. To find out what the numbers really represent see understand odds as probability with overround.
• Odds of 1/1 are known as evens or even money. Not all fractional odds are traditionally read using the lowest common denominator. Perhaps most unusual is that odds of 10:3 are read as 'one-hundred-to-thirty'. Fractional odds are also known as British odds, UK odds, or, in that country, traditional odds.
• 1000-1 odds on $1.00 that AT&T and Telus Corporation merge within the next year so the new company can have the stock ticker $T in both the US and Canada.

We've compiled a list of thing to help put this into perspective. We start with the most likely to happen and finish with the least likely:

• Aliens to be found on Earth in 2017- 100/1 - To find forms of Alien life on Earth next year works out at a crazy 50 times more likely than Leicester winning the Premier League.

1000 To 1 Odds Payout

• Katie Price winning the Nobel prize in Literature – 100/1 - Celebrity Katie Price is a famous face who appears on our Television screens or in the Newspapers, having released many autobiographies she has delved into the world of literature and is 50 times more than likely to gain a Nobel Prize before Leicester win the Premier League.

• Become a millionaire by the age of 40 – 100/1 - The chances of becoming a millionaire aren't so low at 100/1, of course there are many other factors involved in this

• Getting 10 A* grades in your GCSEs 140/1 - If you think its unlikely that you'll get 10 A* grades in your GCSE think again, 4500 students achieve this each year from 630,000 who sit the exam making this about 140/1

• Loch Ness Monster to be discovered – 500/1 - Many theories have developed over the years about sighting of the 'Loch ness Monster' after numerous reported sightings, the claims remain unproven but the odds of 500/1 still mean it is ten times more likely for it discovered than Leicester winning the Premier League

• Simon Cowell to be the next prime minister – 500/1 - Music mogul Simon Cowell may be made famous by his X-Factor show and his Syco music label, but bookmakers made him 500/1 to be the next prime minister, a whopping ten times more likely than seeing Leicester take the Premier League trophy.

• Bono to become the next Pope – 1000/1 - Bono, Times Person on the year 2005. Is at 1000/1 to be the next Pope, despite his philanthropic work we can't see him being the next Pope, but this remarkable option is still five times more likely than seeing Leicester win the League in 2015/2016!

• The Queen to release a Christmas Number 1 – 1000/1 - The Queen, yes you did read that right, The Queen, the Head of the United Kingdom is seemingly five times more likely to put her vocal cords to the text to release a Christmas number one rather than Leicester winning the league. Remarkable.

• Getting 10 A* grades in your GCSEs 140/1 - If you think its unlikely that you'll get 10 A* grades in your GCSE think again, 4500 students achieve this each year from 630,000 who sit the exam making this about 140/1

• Loch Ness Monster to be discovered – 500/1 - Many theories have developed over the years about sighting of the 'Loch ness Monster' after numerous reported sightings, the claims remain unproven but the odds of 500/1 still mean it is ten times more likely for it discovered than Leicester winning the Premier League

• Simon Cowell to be the next prime minister – 500/1 - Music mogul Simon Cowell may be made famous by his X-Factor show and his Syco music label, but bookmakers made him 500/1 to be the next prime minister, a whopping ten times more likely than seeing Leicester take the Premier League trophy.

• Bono to become the next Pope – 1000/1 - Bono, Times Person on the year 2005. Is at 1000/1 to be the next Pope, despite his philanthropic work we can't see him being the next Pope, but this remarkable option is still five times more likely than seeing Leicester win the League in 2015/2016!

• The Queen to release a Christmas Number 1 – 1000/1 - The Queen, yes you did read that right, The Queen, the Head of the United Kingdom is seemingly five times more likely to put her vocal cords to the text to release a Christmas number one rather than Leicester winning the league. Remarkable.

• William and Kate to have triplets – 1000/1 - William and Kate have recently had two young children in George and Charlotte and the bookmakers think they have very very little chance of having triplets so put them at 1000/1, still five times more likely to see Kate and William havetriplets than see Wes Morgan with the premier league trophy aloft.

• Elvis Presley to be found alive and well – 2000/1 - Conspiracy Theorists and die-hard fans have believed for a long time that Elvis may be alive and well, however with very little or no proof of a conspiracy we find it very hard to believe Elvis would be found alive. The extent of Leicester's miracle season is still shown by the fact that their odds were still two and a half times more than those of finding Elvis alive!

• Eddie the Eagle to win Gold when competing in the Winter Olympic Games – 2500/1 - As we all know Eddie the Eagle is one of the most famous underdogs of all time, with very little funding, training, equipment and physical ailments which affected his sight, bookmakers put this ridiculous price on him to win Gold as he seemingly had absolutely no chance. They weren't wrong!

• David Moyes to become an X-Factor Judge – 2500/1 - David Moyes is best known for his managerial exploits with Everton and most recently Real Sociedad, and the bookmakers couldn't see the impossible happening, going from managing footballers to contestants in his category wasn't a viable option and the bookmakers put him 2500/1, still double the chance of seeing the premier league trophy in Wes Morgans arms.

• David Cameron to manage Aston Villa – 2500/1 - David Cameron doesn't seem to have a lot of time on his hands at the moment with important issues such as Brexit to contend with, so we can see why the bookmakers make him 2500/1 to be the next Aston Villa manager, with no skills or qualifications in management side of football it goes to show the extent to which Leicester shocked the world.

What Does 5 To 1 Odds Mean

• Anish Patel to play for Leicester City next season 5000/1 - We managed to find the odds of our own Anish Patel, player for Leicester City next season to be 5000/1. Do we have any takers?