Question: is 5 to 1 good odds?
Answer: In simplest terms, 5 to 1 odds means if you bet a dollar (the "1" in the expression), and you win you get paid five dollars (the "5" in the expression), or 5 times 1. If you bet two dollars you would be paid ten dollars, or 5 times 2. If you bet three dollars and win, you would be paid fifteen dollars, or 5 times 3.