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40/1 ODDS DEFINITION
What does odds of 40/1 mean?
If you were to bet $10 on 40/1 odds you would receive $400.00 in profit if this outcome won.
The implied win probability of 40/1 odds is 2.44%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.
Fractional Odds of 40/1 when converted to American odds are +4000 and when converted to decimal odds are $41.00. If you’d like to convert other odds values in different formats, please check out our Odds Converter.