−285 odds: what they mean and what they pay
At −285 you bet $285 to win $100 in profit, $385 back in all. The price implies a 74.03% chance, so you need to win more than 74.03% of these bets to come out ahead.
The same price in every format
| American | −285 |
|---|---|
| Decimal | 1.351 |
| Fractional | 20/57 |
| Implied chance | 74.03% |
| Break-even win rate | 74.03% |
What −285 pays
| Bet | Profit if it wins | Total back |
|---|---|---|
| $10 | $3.51 | $13.51 |
| $25 | $8.77 | $33.77 |
| $50 | $17.54 | $67.54 |
| $100 | $35.09 | $135.09 |
| $250 | $87.72 | $337.72 |
| $1,000 | $350.88 | $1,350.88 |
Is −285 good odds?
It depends on how likely the bet is to win, not on the number itself. −285 is a good price on a side that wins more than 74.03% of the time and a bad one on a side that wins less. If a market kept nothing, the other side of a −285 bet would be +285; 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, −285 makes the side a heavy favorite.
What a better price is worth
Find −280 instead of −285 on the same bet and the win rate you need drops from 74.03% to 73.68%. Over 100 bets of $100 that win 74.03% of the time, −285 breaks even and −280 comes out about $46.38 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.
−285 in a parlay
Two legs at −285 combine to decimal 1.825 (about −121): $100 would return $182.49. Each leg's cut compounds, so a parlay keeps more for the book than a single bet. Parlay calculator.
Questions
What does -285 mean in betting?
-285 means you bet $285 to win $100 in profit, returning $385 in all.
How much do I win on a $100 bet at -285?
$35.09 profit, $135.09 back in all if it wins.
What is -285 as a percentage?
-285 implies a 74.03% chance. That's also the share of bets you'd need to win to break even.
What is -285 in decimal odds?
1.351. In fractional odds it's about 20/57.
Is -285 a good bet?
Only if the side wins more than 74.03% 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.