1.06 ODDS DEFINITION

What does odds of 1.06 mean?

If you were to bet $10 on 1.06 odds you would receive $0.60 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 1.06 = $10.60 Total Payout ($0.60 profit).

The implied win probability of 1.06 odds is 94.34%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.

Decimal Odds of $1.06 when converted to American odds are -1667 and when converted to fractional odds are 3/50. If you’d like to convert other odds values in different formats, please check out our Odds Converter.