−260 odds: what they mean and what they pay
At −260 you bet $260 to win $100 in profit, $360 back in all. The price implies a 72.22% chance, so you need to win more than 72.22% of these bets to come out ahead.
The same price in every format
| American | −260 |
|---|---|
| Decimal | 1.385 |
| Fractional | 5/13 |
| Implied chance | 72.22% |
| Break-even win rate | 72.22% |
What −260 pays
| Bet | Profit if it wins | Total back |
|---|---|---|
| $10 | $3.85 | $13.85 |
| $25 | $9.62 | $34.62 |
| $50 | $19.23 | $69.23 |
| $100 | $38.46 | $138.46 |
| $250 | $96.15 | $346.15 |
| $1,000 | $384.62 | $1,384.62 |
Is −260 good odds?
It depends on how likely the bet is to win, not on the number itself. −260 is a good price on a side that wins more than 72.22% of the time and a bad one on a side that wins less. If a market kept nothing, the other side of a −260 bet would be +260; real books price it worse than that, and the gap is their cut. At −110 on both sides, the most common spread and total price, the cut is 4.76%. Which book keeps the least differs: every sportsbook's cut, measured.
As a price, −260 makes the side a heavy favorite.
What a better price is worth
Find −255 instead of −260 on the same bet and the win rate you need drops from 72.22% to 71.83%. Over 100 bets of $100 that win 72.22% of the time, −260 breaks even and −255 comes out about $54.47 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.
−260 in a parlay
Two legs at −260 combine to decimal 1.917 (about −109): $100 would return $191.72. Each leg's cut compounds, so a parlay keeps more for the book than a single bet. Parlay calculator.
Questions
What does -260 mean in betting?
-260 means you bet $260 to win $100 in profit, returning $360 in all.
How much do I win on a $100 bet at -260?
$38.46 profit, $138.46 back in all if it wins.
What is -260 as a percentage?
-260 implies a 72.22% chance. That's also the share of bets you'd need to win to break even.
What is -260 in decimal odds?
1.385. In fractional odds it's about 5/13.
Is -260 a good bet?
Only if the side wins more than 72.22% 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.