What Does -160 Mean in Sports Betting?
-160 odds are favorite odds. A $100 bet returns $162.50 ($62.50 profit), and the price implies about a 61.5% chance to win. To win $100 outright you would risk $160.00.
At a glance
- Side
- Favorite
- $100 returns
- $162.50
- Profit on $100
- $62.50
- Implied probability
- 61.5%
- Decimal odds
- 1.63
- Fractional odds
- 63/100
Run the numbers
What does -160 mean in sports betting?
-160 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 -160 you risk $160.00 to win $100, because the market thinks this outcome is more likely than not.
What does a $100 bet at -160 pay?
A $100 bet at -160 returns $162.50 total, which is $62.50 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 -160
-160 implies a win probability of about 61.5%. 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.
-160 in decimal and fractional odds
-160 American equals 1.63 in decimal odds and 63/100 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 -160
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 -160 and you keep more of the win. No house margin in the middle.
Frequently asked questions
What does -160 mean?+
-160 is a favorite. You risk $160.00 to win $100, and it implies about a 61.5% chance to win.
What does a $100 bet at -160 win?+
It returns $162.50 total, which is $62.50 in profit.
What is -160 as a probability?+
About 61.5%. That is the implied, break-even win rate at this price.
What is -160 in decimal odds?+
-160 equals 1.63 in decimal odds and 63/100 in fractional odds.
Bet -160 at a better price.
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