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1.16 DEFINITION
What does odds of 1.16 mean?
If you were to bet $10 on 1.16 odds you would receive $1.60 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 1.16 = $11.60 Total Payout ($1.60 profit).
The implied win probability of 1.16 odds is 86.21%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.
Decimal Odds of $1.16 when converted to American odds are -625 and when converted to fractional odds are 4/25. If you’d like to convert other odds values in different formats, please check out our Odds Converter.