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5.80 ODDS DEFINITION
What does odds of 5.80 mean?
If you were to bet $10 on 5.80 odds you would receive $48.00 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 5.80 = $58.00 Total Payout ($48.00 profit).
The implied win probability of 5.80 odds is 17.24%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.
Decimal Odds of $5.80 when converted to American odds are +480 and when converted to fractional odds are 24/5. If you’d like to convert other odds values in different formats, please check out our Odds Converter.