+160 DEFINITION

What does odds of +160 mean?

If you were to bet $10 on +160 odds you would receive $16.00 in profit if this outcome won. Odds accompanied with a positive sign (+) indicate that this is the underdog and this outcome will have a lower chance of winning compared to a favorite, however underdogs will yield a higher profit if they win.

The implied win probability of +160 odds is 38.46%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.

American Odds of +160 when converted to decimal odds are $2.60 and when converted to fractional odds are 8/5. If you’d like to convert other odds values in different formats, please check out our Odds Converter.