1.60 ODDS DEFINITION

What does odds of 1.60 mean?

If you were to bet $10 on 1.60 odds you would receive $6.00 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 1.60 = $16.00 Total Payout ($6.00 profit).

The implied win probability of 1.60 odds is 62.50%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.

Decimal Odds of $1.60 when converted to American odds are -167 and when converted to fractional odds are 3/5. If you’d like to convert other odds values in different formats, please check out our Odds Converter.