Back
2.48 ODDS DEFINITION
What does odds of 2.48 mean?
If you were to bet $10 on 2.48 odds you would receive $14.80 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 2.48 = $24.80 Total Payout ($14.80 profit).
The implied win probability of 2.48 odds is 40.32%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.
Decimal Odds of $2.48 when converted to American odds are +148 and when converted to fractional odds are 37/25. If you’d like to convert other odds values in different formats, please check out our Odds Converter.