If a race horse runs 100 races and wins 25 times and loses the other 75 times, the probability of winning is 25/100 = 0.25 or 25%, but the odds of the horse winning are 25/75 = 0.333 or 1 win to 3 loses.

For example, 3/1 odds mean you profit three times the amount you wagered. AR$1 bet at 3/1 would pay outR$4 in total, or aR$3 profit and yourR$1 original wager. Conversely, 1/3 odds mean you profit a third of what you wagered. AR$30 bet on 1/3 odds would returnR$40 total, or aR$10 profit and yourR$10 original wager.

On July 29, 2024, Station Casinos announced its intent to move forward with the long-awaited casino property near South Durango Drive and the 215 Beltway. On Aug 31, 2024, the Spring Valley Town Advisory Board approved plans for the resort.

The newest Station Casinos resort opens today, Dec. 5, 2024, at the 215 Beltway and Durango Drive. The sportsbook is 10,000 square feet and boasts a circular bar with ultramodern technology.