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1.12 DEFINITION
What does odds of 1.12 mean?
If you were to bet $10 on 1.12 odds you would receive $1.20 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 1.12 = $11.20 Total Payout ($1.20 profit).
The implied win probability of 1.12 odds is 89.29%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.
Decimal Odds of $1.12 when converted to American odds are -833 and when converted to fractional odds are 3/25. If you’d like to convert other odds values in different formats, please check out our Odds Converter.