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1.83 DEFINITION
What does odds of 1.83 mean?
If you were to bet $10 on 1.83 odds you would receive $8.30 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 1.83 = $18.30 Total Payout ($8.30 profit).
The implied win probability of 1.83 odds is 54.64%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.
Decimal Odds of $1.83 when converted to American odds are -120 and when converted to fractional odds are 83/100. If you’d like to convert other odds values in different formats, please check out our Odds Converter.