1.24 ODDS DEFINITION

What does odds of 1.24 mean?

If you were to bet $10 on 1.24 odds you would receive $2.40 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 1.24 = $12.40 Total Payout ($2.40 profit).

The implied win probability of 1.24 odds is 80.65%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.

Decimal Odds of $1.24 when converted to American odds are -417 and when converted to fractional odds are 6/25. If you’d like to convert other odds values in different formats, please check out our Odds Converter.