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5.00 DEFINITION
What does odds of 5.00 mean?
If you were to bet $10 on 5.00 odds you would receive $40.00 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 5.00 = $50.00 Total Payout ($40.00 profit).
The implied win probability of 5.00 odds is 20.00%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.
Decimal Odds of $5.00 when converted to American odds are +400 and when converted to fractional odds are 4/1. If you’d like to convert other odds values in different formats, please check out our Odds Converter.