What Does -200 Mean in Betting?

-200 means you must bet $200 to win $100 in profit. It marks the favorite side of a market, with a 66.67% implied probability of winning.

Implied Probability
66.67%
Decimal Odds
1.50
Fractional Odds
1/2
$100 Bet Profit
$50.00

-200 Payout Table

StakeProfitTotal Return
$10$5.00$15.00
$20$10.00$30.00
$25$12.50$37.50
$50$25.00$75.00
$100$50.00$150.00
$200$100.00$300.00
$500$250.00$750.00
$1000$500.00$1500.00

Frequently Asked Questions

How much does a $100 bet at -200 pay?

A $100 bet returns $150.00 total - your $100 stake plus $50.00 in profit.

What is -200 in decimal and fractional odds?

-200 equals 1.50 in decimal odds (total return per $1 staked) and 1/2 in fractional odds (profit per unit staked).

Is -200 a favorite or an underdog?

-200 is a favorite. Negative odds mean the market gives this side a better-than-even chance (66.67%), so you risk more than you win.

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