11.50 DEFINITION

What does odds of 11.50 mean?

If you were to bet $10 on 11.50 odds you would receive $105.00 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 11.50 = $115.00 Total Payout ($105.00 profit).

The implied win probability of 11.50 odds is 8.70%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.

Decimal Odds of $11.50 when converted to American odds are +1050 and when converted to fractional odds are 21/2. If you’d like to convert other odds values in different formats, please check out our Odds Converter.