−430 odds: what they mean and what they pay
At −430 you bet $430 to win $100 in profit, $530 back in all. The price implies a 81.13% chance, so you need to win more than 81.13% of these bets to come out ahead.
The same price in every format
| American | −430 |
|---|---|
| Decimal | 1.233 |
| Fractional | 10/43 |
| Implied chance | 81.13% |
| Break-even win rate | 81.13% |
What −430 pays
| Bet | Profit if it wins | Total back |
|---|---|---|
| $10 | $2.33 | $12.33 |
| $25 | $5.81 | $30.81 |
| $50 | $11.63 | $61.63 |
| $100 | $23.26 | $123.26 |
| $250 | $58.14 | $308.14 |
| $1,000 | $232.56 | $1,232.56 |
Is −430 good odds?
It depends on how likely the bet is to win, not on the number itself. −430 is a good price on a side that wins more than 81.13% of the time and a bad one on a side that wins less. If a market kept nothing, the other side of a −430 bet would be +430; 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, −430 makes the side a heavy favorite.
What a better price is worth
Find −420 instead of −430 on the same bet and the win rate you need drops from 81.13% to 80.77%. Over 100 bets of $100 that win 81.13% of the time, −430 breaks even and −420 comes out about $44.92 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.
−430 in a parlay
Two legs at −430 combine to decimal 1.519 (about −193): $100 would return $151.92. Each leg's cut compounds, so a parlay keeps more for the book than a single bet. Parlay calculator.
Questions
What does -430 mean in betting?
-430 means you bet $430 to win $100 in profit, returning $530 in all.
How much do I win on a $100 bet at -430?
$23.26 profit, $123.26 back in all if it wins.
What is -430 as a percentage?
-430 implies a 81.13% chance. That's also the share of bets you'd need to win to break even.
What is -430 in decimal odds?
1.233. In fractional odds it's about 10/43.
Is -430 a good bet?
Only if the side wins more than 81.13% 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.