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38.00 DEFINITION
What does odds of 38.00 mean?
If you were to bet $10 on 38.00 odds you would receive $370.00 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 38.00 = $380.00 Total Payout ($370.00 profit).
The implied win probability of 38.00 odds is 2.63%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.
Decimal Odds of $38.00 when converted to American odds are +3700 and when converted to fractional odds are 37/1. If you’d like to convert other odds values in different formats, please check out our Odds Converter.