What Does -200 Mean in Betting?
-200 means you must bet $200.00 to win $100 in profit. A winning $200.00 bet returns $300.00 — your stake plus $100.
-200 in every format
-200 payout table
| Stake | Profit if it wins | Total payout |
|---|---|---|
| $10.00 | $5.00 | $15.00 |
| $25.00 | $12.50 | $37.50 |
| $50.00 | $25.00 | $75.00 |
| $100.00 | $50.00 | $150.00 |
| $250.00 | $125.00 | $375.00 |
What win rate does -200 need?
To break even at -200 you have to win 66.67% of your bets. Over 100 flat-stake bets that means at least 67 wins to be in profit. Favorites win often but pay less than they risk, so the break-even rate is above 50%.
-200 in a parlay
Parlay legs multiply. Two legs at -200 combine to +125 — a $100 bet pays $225.00 — and three legs combine to +238, paying $337.50. All legs must win.
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Frequently asked questions
How much do you win on a $100 bet at -200?
A $100 bet at -200 wins $50.00 in profit and returns $150.00 in total, including your stake.
What win rate do you need to break even at -200?
66.67%. Over 100 bets at -200 you need at least 67 wins to finish in profit, assuming flat stakes.
Is -200 a favorite or an underdog?
-200 is the favorite's price: the negative number means the sportsbook thinks this side is more likely to win than not.
What are -200 odds in decimal and fractional?
-200 is 1.50 in decimal odds and 1/2 in fractional odds.