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1.58 ODDS DEFINITION
What does odds of 1.58 mean?
If you were to bet $10 on 1.58 odds you would receive $5.80 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 1.58 = $15.80 Total Payout ($5.80 profit).
The implied win probability of 1.58 odds is 63.29%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.
Decimal Odds of $1.58 when converted to American odds are -172 and when converted to fractional odds are 29/50. If you’d like to convert other odds values in different formats, please check out our Odds Converter.