What Does -150 Mean in Betting?
-150 means you must bet $150.00 to win $100 in profit. A winning $150.00 bet returns $250.00 — your stake plus $100.
-150 in every format
-150 payout table
| Stake | Profit if it wins | Total payout |
|---|---|---|
| $10.00 | $6.67 | $16.67 |
| $25.00 | $16.67 | $41.67 |
| $50.00 | $33.33 | $83.33 |
| $100.00 | $66.67 | $166.67 |
| $250.00 | $166.67 | $416.67 |
What win rate does -150 need?
To break even at -150 you have to win 60.00% of your bets. Over 100 flat-stake bets that means at least 61 wins to be in profit. Favorites win often but pay less than they risk, so the break-even rate is above 50%.
-150 in a parlay
Parlay legs multiply. Two legs at -150 combine to +178 — a $100 bet pays $277.78 — and three legs combine to +363, paying $462.96. All legs must win.
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Frequently asked questions
How much do you win on a $100 bet at -150?
A $100 bet at -150 wins $66.67 in profit and returns $166.67 in total, including your stake.
What win rate do you need to break even at -150?
60.00%. Over 100 bets at -150 you need at least 61 wins to finish in profit, assuming flat stakes.
Is -150 a favorite or an underdog?
-150 is the favorite's price: the negative number means the sportsbook thinks this side is more likely to win than not.
What are -150 odds in decimal and fractional?
-150 is 1.67 in decimal odds and 2/3 in fractional odds.