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8/5 ODDS DEFINITION
What does odds of 8/5 mean?
If you were to bet $10 on 8/5 odds you would receive $16.00 in profit if this outcome won.
The implied win probability of 8/5 odds is 38.46%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.
Fractional Odds of 8/5 when converted to American odds are +160 and when converted to decimal odds are $2.60. If you’d like to convert other odds values in different formats, please check out our Odds Converter.