What Does -230 Mean in Betting?
-230 means you must bet $230.00 to win $100 in profit. A winning $230.00 bet returns $330.00 — your stake plus $100.
-230 in every format
-230 payout table
| Stake | Profit if it wins | Total payout |
|---|---|---|
| $10.00 | $4.35 | $14.35 |
| $25.00 | $10.87 | $35.87 |
| $50.00 | $21.74 | $71.74 |
| $100.00 | $43.48 | $143.48 |
| $250.00 | $108.70 | $358.70 |
What win rate does -230 need?
To break even at -230 you have to win 69.70% of your bets. Over 100 flat-stake bets that means at least 70 wins to be in profit. Favorites win often but pay less than they risk, so the break-even rate is above 50%.
-230 in a parlay
Parlay legs multiply. Two legs at -230 combine to +106 — a $100 bet pays $205.86 — and three legs combine to +195, paying $295.36. All legs must win.
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Frequently asked questions
How much do you win on a $100 bet at -230?
A $100 bet at -230 wins $43.48 in profit and returns $143.48 in total, including your stake.
What win rate do you need to break even at -230?
69.70%. Over 100 bets at -230 you need at least 70 wins to finish in profit, assuming flat stakes.
Is -230 a favorite or an underdog?
-230 is the favorite's price: the negative number means the sportsbook thinks this side is more likely to win than not.
What are -230 odds in decimal and fractional?
-230 is 1.43 in decimal odds and 10/23 in fractional odds.