1.56 ODDS DEFINITION

What does odds of 1.56 mean?

If you were to bet $10 on 1.56 odds you would receive $5.60 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 1.56 = $15.60 Total Payout ($5.60 profit).

The implied win probability of 1.56 odds is 64.10%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.

Decimal Odds of $1.56 when converted to American odds are -179 and when converted to fractional odds are 14/25. If you’d like to convert other odds values in different formats, please check out our Odds Converter.