What Does -500 Mean in Betting?
-500 means you must bet $500 to win $100 in profit. It marks the favorite side of a market, with a 83.33% implied probability of winning.
Implied Probability
83.33%
Decimal Odds
1.20
Fractional Odds
1/5
$100 Bet Profit
$20.00
-500 Payout Table
| Stake | Profit | Total Return |
|---|---|---|
| $10 | $2.00 | $12.00 |
| $20 | $4.00 | $24.00 |
| $25 | $5.00 | $30.00 |
| $50 | $10.00 | $60.00 |
| $100 | $20.00 | $120.00 |
| $200 | $40.00 | $240.00 |
| $500 | $100.00 | $600.00 |
| $1000 | $200.00 | $1200.00 |
Frequently Asked Questions
How much does a $100 bet at -500 pay?
A $100 bet returns $120.00 total - your $100 stake plus $20.00 in profit.
What is -500 in decimal and fractional odds?
-500 equals 1.20 in decimal odds (total return per $1 staked) and 1/5 in fractional odds (profit per unit staked).
Is -500 a favorite or an underdog?
-500 is a favorite. Negative odds mean the market gives this side a better-than-even chance (83.33%), so you risk more than you win.