Question

The odds on​ (against) your bet are 5 to 4. if you bet ​$16 and​ win, how much will you​ gain?

Answer 1

Odds = 5/4 = 1.25
Bet amount = $16

If a player winds,
Amount won = Odd*Bet amount

Substituting for the values given,
Amount to win = 1.25*16 = $20