−110 odds: what they mean and what they pay
At −110 you bet $110 to win $100 in profit, $210 back in all. The price implies a 52.38% chance, so you need to win more than 52.38% of these bets to come out ahead.
The same price in every format
| American | −110 |
|---|---|
| Decimal | 1.909 |
| Fractional | 10/11 |
| Implied chance | 52.38% |
| Break-even win rate | 52.38% |
What −110 pays
| Bet | Profit if it wins | Total back |
|---|---|---|
| $10 | $9.09 | $19.09 |
| $25 | $22.73 | $47.73 |
| $50 | $45.45 | $95.45 |
| $100 | $90.91 | $190.91 |
| $250 | $227.27 | $477.27 |
| $1,000 | $909.09 | $1,909.09 |
Is −110 good odds?
It depends on how likely the bet is to win, not on the number itself. −110 is a good price on a side that wins more than 52.38% of the time and a bad one on a side that wins less. If a market kept nothing, the other side of a −110 bet would be +110; real books price it worse than that, and the gap is their cut. At −110 on both sides the book's cut is 4.76%: it's the most common price on spreads and totals. Which book keeps the least differs: every sportsbook's cut, measured.
As a price, −110 makes the side close to even: at this price both sides of a game are often priced alike, and the gap from 50% is mostly the book's cut.
What a better price is worth
Find −108 instead of −110 on the same bet and the win rate you need drops from 52.38% to 51.92%. Over 100 bets of $100 that win 52.38% of the time, −110 breaks even and −108 comes out about $88.18 ahead: the same picks, a better price. Books often differ by that much on the same game: the board shows which one pays the most.
−110 in a parlay
Two legs at −110 combine to decimal 3.645 (about +264): $100 would return $364.46. Each leg's cut compounds, so a parlay keeps more for the book than a single bet. Parlay calculator.
Questions
What does -110 mean in betting?
-110 means you bet $110 to win $100 in profit, returning $210 in all.
How much do I win on a $100 bet at -110?
$90.91 profit, $190.91 back in all if it wins.
What is -110 as a percentage?
-110 implies a 52.38% chance. That's also the share of bets you'd need to win to break even.
What is -110 in decimal odds?
1.909. In fractional odds it's about 10/11.
Is -110 a good bet?
Only if the side wins more than 52.38% of the time. The price alone can't tell you: compare it with other sportsbooks' prices on the same bet, since a better price lowers the win rate you need.