123/50 ODDS DEFINITION

What does odds of 123/50 mean?

If you were to bet $10 on 123/50 odds you would receive $24.60 in profit if this outcome won.

The implied win probability of 123/50 odds is 28.90%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.

Fractional Odds of 123/50 when converted to American odds are +246 and when converted to decimal odds are $3.46. If you’d like to convert other odds values in different formats, please check out our Odds Converter.