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The payout odds for a bet on a single number is 35 to 1. This is odds of winning 1:35. This pays based on a probability of winning PWin = A / (A + B) = 1 / (1 + 35) = 1/36 = 0.02778 or 2.778% (97.22% Losing). The true odds of winning are based on 38 outcomes.
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When you see the odds presented as 30:1 or 3:1 that's actually just showing the payout for a winning bet, not the likelihood of that team winning. 30:1 doesn't mean that the team is 30x more likely to win, it means that if you bet on that team and they win you will receive $30 for every dollar you bet.
How do sports odds work? Usually 30:1 odds are better than 3 ... - Quora
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  • bwin also lent its name to the Primeira Liga (bwinLIGA), sponsored Italian football club Milan from 2006 to 2010, and has also been a partner to popular football clubs, such as Real Madrid, Juventus and Werder Bremen.
    Bwin - Wikipedia
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    For placed single and multi bets, bwin can offer the option of an "Cash Out": although the outcome of a bet is not determined yet, winnings can already be collected. The amount that can be received is based on the actual odds. Using the "Cash Out", you can: Pay out single and multi bets before they are settled.
    Help - Sports - What is "Cash Out"? - Bwin
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