What does odds of 1.50 mean?
If you were to bet $10 on 1.50 odds you would receive $5.00 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 1.50 = 15 Total Payout ($5 profit).
Decimal Odds of $1.50 when converted to American odds are -200 and when converted to fractional odds are 1/2. If you’d like to convert other odds values in different formats, please check out our Odds Converter.