−275 odds: what they mean and what they pay
At −275 you bet $275 to win $100 in profit, $375 back in all. The price implies a 73.33% chance, so you need to win more than 73.33% of these bets to come out ahead.
The same price in every format
| American | −275 |
|---|---|
| Decimal | 1.364 |
| Fractional | 4/11 |
| Implied chance | 73.33% |
| Break-even win rate | 73.33% |
What −275 pays
| Bet | Profit if it wins | Total back |
|---|---|---|
| $10 | $3.64 | $13.64 |
| $25 | $9.09 | $34.09 |
| $50 | $18.18 | $68.18 |
| $100 | $36.36 | $136.36 |
| $250 | $90.91 | $340.91 |
| $1,000 | $363.64 | $1,363.64 |
Is −275 good odds?
It depends on how likely the bet is to win, not on the number itself. −275 is a good price on a side that wins more than 73.33% of the time and a bad one on a side that wins less. If a market kept nothing, the other side of a −275 bet would be +275; 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, −275 makes the side a heavy favorite.
What a better price is worth
Find −270 instead of −275 on the same bet and the win rate you need drops from 73.33% to 72.97%. Over 100 bets of $100 that win 73.33% of the time, −275 breaks even and −270 comes out about $49.38 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.
−275 in a parlay
Two legs at −275 combine to decimal 1.860 (about −116): $100 would return $185.95. Each leg's cut compounds, so a parlay keeps more for the book than a single bet. Parlay calculator.
Questions
What does -275 mean in betting?
-275 means you bet $275 to win $100 in profit, returning $375 in all.
How much do I win on a $100 bet at -275?
$36.36 profit, $136.36 back in all if it wins.
What is -275 as a percentage?
-275 implies a 73.33% chance. That's also the share of bets you'd need to win to break even.
What is -275 in decimal odds?
1.364. In fractional odds it's about 4/11.
Is -275 a good bet?
Only if the side wins more than 73.33% 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.