120.00 DEFINITION

What does odds of 120.00 mean?

If you were to bet $10 on 120.00 odds you would receive $1190.00 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 120.00 = $1200.00 Total Payout ($1190.00 profit).

The implied win probability of 120.00 odds is 0.83%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.

Decimal Odds of $120.00 when converted to American odds are +11900 and when converted to fractional odds are 119/1. If you’d like to convert other odds values in different formats, please check out our Odds Converter.