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-169 ODDS DEFINITION
What does odds of -169 mean?
If you were to bet $10 on -169 odds you would receive $5.90 in profit if this outcome won. Odds accompanied with a negative sign (-) indicate that this is the favorite and this outcome will have a higher chance of winning compared to the underdog, however underdogs will yield a higher profit if they win.
The implied win probability of -169 odds is 62.89%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.
American Odds of -169 when converted to decimal odds are $1.59 and when converted to fractional odds are 59/100. If you’d like to convert other odds values in different formats, please check out our Odds Converter.