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1.98 DEFINITION
What does odds of 1.98 mean?
If you were to bet $10 on 1.98 odds you would receive $9.80 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 1.98 = $19.80 Total Payout ($9.80 profit).
The implied win probability of 1.98 odds is 50.51%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.
Decimal Odds of $1.98 when converted to American odds are -102 and when converted to fractional odds are 49/50. If you’d like to convert other odds values in different formats, please check out our Odds Converter.