Long shot<20Unlikely20-45Coin-flip45-55Likely55-80Near certain80+
▸
These odds imply a 20.00% probability.
That is about 1 chance in 5.00 of happening.
The equivalent American (moneyline) odds are +400.
Implied probability includes the bookmaker margin, so the true fair probability is a little lower.
Next stepCompare the implied probability to your own estimate of the true chance. If your estimate is higher, the bet may offer positive expected value.