What Does -115 Mean in Betting?
-115 means you must bet $115.00 to win $100 in profit. A winning $115.00 bet returns $215.00 — your stake plus $100.
-115 in every format
-115 payout table
| Stake | Profit if it wins | Total payout |
|---|---|---|
| $10.00 | $8.70 | $18.70 |
| $25.00 | $21.74 | $46.74 |
| $50.00 | $43.48 | $93.48 |
| $100.00 | $86.96 | $186.96 |
| $250.00 | $217.39 | $467.39 |
What win rate does -115 need?
To break even at -115 you have to win 53.49% of your bets. Over 100 flat-stake bets that means at least 54 wins to be in profit. Favorites win often but pay less than they risk, so the break-even rate is above 50%.
-115 in a parlay
Parlay legs multiply. Two legs at -115 combine to +250 — a $100 bet pays $349.53 — and three legs combine to +553, paying $653.46. All legs must win.
Try it with your numbers
Frequently asked questions
How much do you win on a $100 bet at -115?
A $100 bet at -115 wins $86.96 in profit and returns $186.96 in total, including your stake.
What win rate do you need to break even at -115?
53.49%. Over 100 bets at -115 you need at least 54 wins to finish in profit, assuming flat stakes.
Is -115 a favorite or an underdog?
-115 is the favorite's price: the negative number means the sportsbook thinks this side is more likely to win than not.
What are -115 odds in decimal and fractional?
-115 is 1.87 in decimal odds and 20/23 in fractional odds.