What Does +120 Mean in Betting?
+120 means a $100 bet wins $120.00 in profit. It marks an underdog, with a 45.45% implied probability of winning.
Implied Probability
45.45%
Decimal Odds
2.20
Fractional Odds
6/5
$100 Bet Profit
$120.00
+120 Payout Table
| Stake | Profit | Total Return |
|---|---|---|
| $10 | $12.00 | $22.00 |
| $20 | $24.00 | $44.00 |
| $25 | $30.00 | $55.00 |
| $50 | $60.00 | $110.00 |
| $100 | $120.00 | $220.00 |
| $200 | $240.00 | $440.00 |
| $500 | $600.00 | $1100.00 |
| $1000 | $1200.00 | $2200.00 |
Frequently Asked Questions
How much does a $100 bet at +120 pay?
A $100 bet returns $220.00 total - your $100 stake plus $120.00 in profit.
What is +120 in decimal and fractional odds?
+120 equals 2.20 in decimal odds (total return per $1 staked) and 6/5 in fractional odds (profit per unit staked).
Is +120 a favorite or an underdog?
+120 is an underdog. Positive odds mean the market gives this side less than an even chance (45.45%), so the payout exceeds the stake.