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47.00 ODDS DEFINITION
What does odds of 47.00 mean?
If you were to bet $10 on 47.00 odds you would receive $460.00 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 47.00 = $470.00 Total Payout ($460.00 profit).
The implied win probability of 47.00 odds is 2.13%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.
Decimal Odds of $47.00 when converted to American odds are +4600 and when converted to fractional odds are 46/1. If you’d like to convert other odds values in different formats, please check out our Odds Converter.