16.50 DEFINITION

What does odds of 16.50 mean?

If you were to bet $10 on 16.50 odds you would receive $155.00 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 16.50 = $165.00 Total Payout ($155.00 profit).

The implied win probability of 16.50 odds is 6.06%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.

Decimal Odds of $16.50 when converted to American odds are +1550 and when converted to fractional odds are 31/2. If you’d like to convert other odds values in different formats, please check out our Odds Converter.