What Does -800 Mean in Sports Betting?
-800 odds are favorite odds. A $100 bet returns $112.50 ($12.50 profit), and the price implies about a 88.9% chance to win. To win $100 outright you would risk $800.00.
At a glance
- Side
- Favorite
- $100 returns
- $112.50
- Profit on $100
- $12.50
- Implied probability
- 88.9%
- Decimal odds
- 1.13
- Fractional odds
- 13/100
Run the numbers
What does -800 mean in sports betting?
-800 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 -800 you risk $800.00 to win $100, because the market thinks this outcome is more likely than not.
What does a $100 bet at -800 pay?
A $100 bet at -800 returns $112.50 total, which is $12.50 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 -800
-800 implies a win probability of about 88.9%. 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.
-800 in decimal and fractional odds
-800 American equals 1.13 in decimal odds and 13/100 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 -800
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 -800 and you keep more of the win. No house margin in the middle.
Frequently asked questions
What does -800 mean?+
-800 is a favorite. You risk $800.00 to win $100, and it implies about a 88.9% chance to win.
What does a $100 bet at -800 win?+
It returns $112.50 total, which is $12.50 in profit.
What is -800 as a probability?+
About 88.9%. That is the implied, break-even win rate at this price.
What is -800 in decimal odds?+
-800 equals 1.13 in decimal odds and 13/100 in fractional odds.
Bet -800 at a better price.
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