−370 odds: what they mean and what they pay
At −370 you bet $370 to win $100 in profit, $470 back in all. The price implies a 78.72% chance, so you need to win more than 78.72% of these bets to come out ahead.
The same price in every format
| American | −370 |
|---|---|
| Decimal | 1.270 |
| Fractional | 10/37 |
| Implied chance | 78.72% |
| Break-even win rate | 78.72% |
What −370 pays
| Bet | Profit if it wins | Total back |
|---|---|---|
| $10 | $2.70 | $12.70 |
| $25 | $6.76 | $31.76 |
| $50 | $13.51 | $63.51 |
| $100 | $27.03 | $127.03 |
| $250 | $67.57 | $317.57 |
| $1,000 | $270.27 | $1,270.27 |
Is −370 good odds?
It depends on how likely the bet is to win, not on the number itself. −370 is a good price on a side that wins more than 78.72% of the time and a bad one on a side that wins less. If a market kept nothing, the other side of a −370 bet would be +370; 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, −370 makes the side a heavy favorite.
What a better price is worth
Find −360 instead of −370 on the same bet and the win rate you need drops from 78.72% to 78.26%. Over 100 bets of $100 that win 78.72% of the time, −370 breaks even and −360 comes out about $59.10 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.
−370 in a parlay
Two legs at −370 combine to decimal 1.614 (about −163): $100 would return $161.36. Each leg's cut compounds, so a parlay keeps more for the book than a single bet. Parlay calculator.
Questions
What does -370 mean in betting?
-370 means you bet $370 to win $100 in profit, returning $470 in all.
How much do I win on a $100 bet at -370?
$27.03 profit, $127.03 back in all if it wins.
What is -370 as a percentage?
-370 implies a 78.72% chance. That's also the share of bets you'd need to win to break even.
What is -370 in decimal odds?
1.270. In fractional odds it's about 10/37.
Is -370 a good bet?
Only if the side wins more than 78.72% 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.