1.23 DEFINITION

What does odds of 1.23 mean?

If you were to bet $10 on 1.23 odds you would receive $2.30 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 1.23 = $12.30 Total Payout ($2.30 profit).

The implied win probability of 1.23 odds is 81.30%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.

Decimal Odds of $1.23 when converted to American odds are -435 and when converted to fractional odds are 23/100. If you’d like to convert other odds values in different formats, please check out our Odds Converter.