What Does -320 Mean in Sports Betting?
-320 odds are favorite odds. A $100 bet returns $131.25 ($31.25 profit), and the price implies about a 76.2% chance to win. To win $100 outright you would risk $320.00.
At a glance
- Side
- Favorite
- $100 returns
- $131.25
- Profit on $100
- $31.25
- Implied probability
- 76.2%
- Decimal odds
- 1.31
- Fractional odds
- 31/100
Run the numbers
What does -320 mean in sports betting?
-320 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 -320 you risk $320.00 to win $100, because the market thinks this outcome is more likely than not.
What does a $100 bet at -320 pay?
A $100 bet at -320 returns $131.25 total, which is $31.25 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 -320
-320 implies a win probability of about 76.2%. 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.
-320 in decimal and fractional odds
-320 American equals 1.31 in decimal odds and 31/100 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 -320
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 -320 and you keep more of the win. No house margin in the middle.
Frequently asked questions
What does -320 mean in betting?+
-320 is a favorite price in American odds: you risk $320.00 to win $100. -320 implies about a 76.2% chance to win, the break-even rate the price asks you to beat.
What does a $100 bet at -320 pay?+
A $100 bet at -320 returns $131.25 total, which is $31.25 in profit. The ratio holds at any stake, so scale it up or down for your bet.
What is -320 as a probability?+
-320 odds imply about a 76.2% win probability. That implied probability is the break-even win rate: win less often than that long term and you lose money at this price, win more often and you profit.
What is -320 in decimal and fractional odds?+
-320 American odds equal 1.31 in decimal odds and 31/100 in fractional odds.
Bet -320 at a better price.
No house juice. Sign up for a shot at up to $100. No deposit needed.