What Does +1500 Mean in Betting?
+1500 means a $100 bet wins $1500.00 in profit. It marks an underdog, with a 6.25% implied probability of winning.
Implied Probability
6.25%
Decimal Odds
16.00
Fractional Odds
15/1
$100 Bet Profit
$1500.00
+1500 Payout Table
| Stake | Profit | Total Return |
|---|---|---|
| $10 | $150.00 | $160.00 |
| $20 | $300.00 | $320.00 |
| $25 | $375.00 | $400.00 |
| $50 | $750.00 | $800.00 |
| $100 | $1500.00 | $1600.00 |
| $200 | $3000.00 | $3200.00 |
| $500 | $7500.00 | $8000.00 |
| $1000 | $15000.00 | $16000.00 |
Frequently Asked Questions
How much does a $100 bet at +1500 pay?
A $100 bet returns $1600.00 total - your $100 stake plus $1500.00 in profit.
What is +1500 in decimal and fractional odds?
+1500 equals 16.00 in decimal odds (total return per $1 staked) and 15/1 in fractional odds (profit per unit staked).
Is +1500 a favorite or an underdog?
+1500 is an underdog. Positive odds mean the market gives this side less than an even chance (6.25%), so the payout exceeds the stake.