What Does -100 Mean in Sports Betting?
-100 odds are favorite odds. A $100 bet returns $200.00 ($100.00 profit), and the price implies about a 50.0% chance to win. To win $100 outright you would risk $100.00.
At a glance
- Side
- Favorite
- $100 returns
- $200.00
- Profit on $100
- $100.00
- Implied probability
- 50.0%
- Decimal odds
- 2.00
- Fractional odds
- 1/1
Run the numbers
What does -100 mean in sports betting?
-100 is a favorite price. The minus sign means the team is favored, and the number is how much you must risk to win $100. At -100 you risk $100.00 to win $100, because the market thinks this outcome is more likely than not.
What does a $100 bet at -100 pay?
A $100 bet at -100 returns $200.00 total, which is $100.00 in profit. Scale it to any stake with the betting calculator. The payout is the same idea at any book; what changes is how much vig is buried in the price.
Implied probability of -100
-100 implies a win probability of about 50.0%. That is the break-even rate: if you think the real chance is higher, the bet has value. Devig the market to compare it to the fair number.
-100 in decimal and fractional odds
-100 American equals 2.00 in decimal odds and 1/1 in fractional odds. Decimal is the easiest format for comparing prices, since a bigger number always means a bigger payout. Convert any price with the odds converter.
Get a better price than -100
Every American price at a sportsbook includes the vig. On BettorEdge you trade at market-fair odds with other bettors, so the same outcome can pay more than -100 and you keep more of the win. No house margin in the middle.
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Frequently asked questions
What does -100 mean?+
-100 is a favorite. You risk $100.00 to win $100, and it implies about a 50.0% chance to win.
What does a $100 bet at -100 win?+
It returns $200.00 total, which is $100.00 in profit.
What is -100 as a probability?+
About 50.0%. That is the implied, break-even win rate at this price.
What is -100 in decimal odds?+
-100 equals 2.00 in decimal odds and 1/1 in fractional odds.
Bet -100 at a better price.
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