What Does -150 Mean in Betting?
-150 means you must bet $150 to win $100 in profit. It marks the favorite side of a market, with a 60.00% implied probability of winning.
Implied Probability
60.00%
Decimal Odds
1.67
Fractional Odds
2/3
$100 Bet Profit
$66.67
-150 Payout Table
| Stake | Profit | Total Return |
|---|---|---|
| $10 | $6.67 | $16.67 |
| $20 | $13.33 | $33.33 |
| $25 | $16.67 | $41.67 |
| $50 | $33.33 | $83.33 |
| $100 | $66.67 | $166.67 |
| $200 | $133.33 | $333.33 |
| $500 | $333.33 | $833.33 |
| $1000 | $666.67 | $1666.67 |
Frequently Asked Questions
How much does a $100 bet at -150 pay?
A $100 bet returns $166.67 total - your $100 stake plus $66.67 in profit.
What is -150 in decimal and fractional odds?
-150 equals 1.67 in decimal odds (total return per $1 staked) and 2/3 in fractional odds (profit per unit staked).
Is -150 a favorite or an underdog?
-150 is a favorite. Negative odds mean the market gives this side a better-than-even chance (60.00%), so you risk more than you win.