51/50 ODDS DEFINITION

What does odds of 51/50 mean?

If you were to bet $10 on 51/50 odds you would receive $10.20 in profit if this outcome won.

The implied win probability of 51/50 odds is 49.50%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.

Fractional Odds of 51/50 when converted to American odds are +102 and when converted to decimal odds are $2.02. If you’d like to convert other odds values in different formats, please check out our Odds Converter.