−350 odds: what they mean and what they pay
At −350 you bet $350 to win $100 in profit, $450 back in all. The price implies a 77.78% chance, so you need to win more than 77.78% of these bets to come out ahead.
The same price in every format
| American | −350 |
|---|---|
| Decimal | 1.286 |
| Fractional | 2/7 |
| Implied chance | 77.78% |
| Break-even win rate | 77.78% |
What −350 pays
| Bet | Profit if it wins | Total back |
|---|---|---|
| $10 | $2.86 | $12.86 |
| $25 | $7.14 | $32.14 |
| $50 | $14.29 | $64.29 |
| $100 | $28.57 | $128.57 |
| $250 | $71.43 | $321.43 |
| $1,000 | $285.71 | $1,285.71 |
Is −350 good odds?
It depends on how likely the bet is to win, not on the number itself. −350 is a good price on a side that wins more than 77.78% of the time and a bad one on a side that wins less. If a market kept nothing, the other side of a −350 bet would be +350; 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, −350 makes the side a heavy favorite.
What a better price is worth
Find −340 instead of −350 on the same bet and the win rate you need drops from 77.78% to 77.27%. Over 100 bets of $100 that win 77.78% of the time, −350 breaks even and −340 comes out about $65.36 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.
−350 in a parlay
Two legs at −350 combine to decimal 1.653 (about −153): $100 would return $165.31. Each leg's cut compounds, so a parlay keeps more for the book than a single bet. Parlay calculator.
Questions
What does -350 mean in betting?
-350 means you bet $350 to win $100 in profit, returning $450 in all.
How much do I win on a $100 bet at -350?
$28.57 profit, $128.57 back in all if it wins.
What is -350 as a percentage?
-350 implies a 77.78% chance. That's also the share of bets you'd need to win to break even.
What is -350 in decimal odds?
1.286. In fractional odds it's about 2/7.
Is -350 a good bet?
Only if the side wins more than 77.78% 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.