What Does -500 Mean in Betting?
-500 means you must bet $500.00 to win $100 in profit. A winning $500.00 bet returns $600.00 — your stake plus $100.
-500 in every format
-500 payout table
| Stake | Profit if it wins | Total payout |
|---|---|---|
| $10.00 | $2.00 | $12.00 |
| $25.00 | $5.00 | $30.00 |
| $50.00 | $10.00 | $60.00 |
| $100.00 | $20.00 | $120.00 |
| $250.00 | $50.00 | $300.00 |
What win rate does -500 need?
To break even at -500 you have to win 83.33% of your bets. Over 100 flat-stake bets that means at least 84 wins to be in profit. Favorites win often but pay less than they risk, so the break-even rate is above 50%.
-500 in a parlay
Parlay legs multiply. Two legs at -500 combine to -227 — a $100 bet pays $144.00 — and three legs combine to -137, paying $172.80. All legs must win.
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Frequently asked questions
How much do you win on a $100 bet at -500?
A $100 bet at -500 wins $20.00 in profit and returns $120.00 in total, including your stake.
What win rate do you need to break even at -500?
83.33%. Over 100 bets at -500 you need at least 84 wins to finish in profit, assuming flat stakes.
Is -500 a favorite or an underdog?
-500 is the favorite's price: the negative number means the sportsbook thinks this side is more likely to win than not.
What are -500 odds in decimal and fractional?
-500 is 1.20 in decimal odds and 1/5 in fractional odds.