11/2 ODDS DEFINITION

What does odds of 11/2 mean?

If you were to bet $10 on 11/2 odds you would receive $55.00 in profit if this outcome won.

The implied win probability of 11/2 odds is 15.38%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.

Fractional Odds of 11/2 when converted to American odds are +550 and when converted to decimal odds are $6.50. If you’d like to convert other odds values in different formats, please check out our Odds Converter.