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3.01 DEFINITION
What does odds of 3.01 mean?
If you were to bet $10 on 3.01 odds you would receive $20.10 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 3.01 = $30.10 Total Payout ($20.10 profit).
The implied win probability of 3.01 odds is 33.22%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.
Decimal Odds of $3.01 when converted to American odds are +201 and when converted to fractional odds are 201/100. If you’d like to convert other odds values in different formats, please check out our Odds Converter.