1.62 DEFINITION

What does odds of 1.62 mean?

If you were to bet $10 on 1.62 odds you would receive $6.20 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 1.62 = $16.20 Total Payout ($6.20 profit).

The implied win probability of 1.62 odds is 61.73%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.

Decimal Odds of $1.62 when converted to American odds are -161 and when converted to fractional odds are 31/50. If you’d like to convert other odds values in different formats, please check out our Odds Converter.