Here we will show you how to convert 1/48 fractional odds to decimal odds (one to forty-eight fractional odds to decimal odds). To convert 1/48 fractional odds to decimal odds, we first convert the fraction to a decimal (divide the numerator by the denominator), and then we add one to the decimal number, like this:
1 ÷ 48 ≈ 0.0208
0.0208 + 1 = 1.0208
1/48 fractional odds ≈ 1.0208 decimal odds
That's all there is to it. Now you know that 1/48 fractional odds is the same as 1.0208 decimal odds. These odds give an implied probability of about 97.96 percent, and a one dollar bet will result in a payout of $1.02 if you win.
Fractional Odds to Decimal Odds Converter
You can use the form below to convert another fractional odds to decimal odds.
1/49 fractional odds to decimal odds
Here is another fractional odds to decimal odds conversion that we have done for you.