48.00 ODDS DEFINITION

What does odds of 48.00 mean?

If you were to bet $10 on 48.00 odds you would receive $470.00 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 48.00 = $480.00 Total Payout ($470.00 profit).

The implied win probability of 48.00 odds is 2.08%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.

Decimal Odds of $48.00 when converted to American odds are +4700 and when converted to fractional odds are 47/1. If you’d like to convert other odds values in different formats, please check out our Odds Converter.