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+8000 ODDS DEFINITION
What does odds of +8000 mean?
If you were to bet $10 on +8000 odds you would receive $800.00 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 +8000 odds is 1.23%. If you'd like to see the implied win probability of other odds values you can check our Moneyline Converter.
American Odds of +8000 when converted to decimal odds are $81.00 and when converted to fractional odds are 80/1. If you’d like to convert other odds values in different formats, please check out our Odds Converter.