Because you gain rating-points even when playing lower-rated players?
Avg Opponent Stats
the 1166.69 is the average opponent rating over all time spent on the site, whereas the win/loss/draw averages only take the last 90 days into account.
Because the 'Average Opponent Rating When I...' doesn't count old games- they slowly get stricken from the record when they pass a certain threshold of time.
However, the 'Average Opponent' stat counts all the games you have ever played.
EDIT: Beaten to the punch.

Hi,
I got a quick stats question:
In my stats for Live Chess - Standard it says:
Avg. Opponent Rating when I ...
Win 1194
Lose 1231
Draw 1259
It also says in the top left box:
Av. Opp.: 1166.69
Now how could that number be lower than any of the three numbers mentioned above?
Ideas anybody?