What Does +120 Mean in Betting?
+120 means a $100 bet wins $120.00 in profit. A winning $100 bet returns $220.00 — your stake plus $120.00.
+120 in every format
+120 payout table
| Stake | Profit if it wins | Total payout |
|---|---|---|
| $10.00 | $12.00 | $22.00 |
| $25.00 | $30.00 | $55.00 |
| $50.00 | $60.00 | $110.00 |
| $100.00 | $120.00 | $220.00 |
| $250.00 | $300.00 | $550.00 |
What win rate does +120 need?
To break even at +120 you have to win 45.45% of your bets. Over 100 flat-stake bets that means at least 46 wins to be in profit. Underdogs win less often but pay more than they risk, so the break-even rate is below 50%.
+120 in a parlay
Parlay legs multiply. Two legs at +120 combine to +384 — a $100 bet pays $484.00 — and three legs combine to +965, paying $1,064.80. All legs must win.
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Frequently asked questions
How much do you win on a $100 bet at +120?
A $100 bet at +120 wins $120.00 in profit and returns $220.00 in total, including your stake.
What win rate do you need to break even at +120?
45.45%. Over 100 bets at +120 you need at least 46 wins to finish in profit, assuming flat stakes.
Is +120 a favorite or an underdog?
+120 is the underdog's price: a positive number means you win more than you risk, because the outcome is less likely than not.
What are +120 odds in decimal and fractional?
+120 is 2.20 in decimal odds and 6/5 in fractional odds.