1.04 ODDS DEFINITION

What does odds of 1.04 mean?

If you were to bet $10 on 1.04 odds you would receive $0.40 in profit if this outcome won. To work out how much money you will receive back when betting on decimal odds you multiply your stake (bet amount) by the odds: $10 x 1.04 = $10.40 Total Payout ($0.40 profit).

The implied win probability of 1.04 odds is 96.15%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.

Decimal Odds of $1.04 when converted to American odds are -2500 and when converted to fractional odds are 1/25. If you’d like to convert other odds values in different formats, please check out our Odds Converter.