−440 odds: what they mean and what they pay
At −440 you bet $440 to win $100 in profit, $540 back in all. The price implies a 81.48% chance, so you need to win more than 81.48% of these bets to come out ahead.
The same price in every format
| American | −440 |
|---|---|
| Decimal | 1.227 |
| Fractional | 5/22 |
| Implied chance | 81.48% |
| Break-even win rate | 81.48% |
What −440 pays
| Bet | Profit if it wins | Total back |
|---|---|---|
| $10 | $2.27 | $12.27 |
| $25 | $5.68 | $30.68 |
| $50 | $11.36 | $61.36 |
| $100 | $22.73 | $122.73 |
| $250 | $56.82 | $306.82 |
| $1,000 | $227.27 | $1,227.27 |
Is −440 good odds?
It depends on how likely the bet is to win, not on the number itself. −440 is a good price on a side that wins more than 81.48% of the time and a bad one on a side that wins less. If a market kept nothing, the other side of a −440 bet would be +440; 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, −440 makes the side a heavy favorite.
What a better price is worth
Find −430 instead of −440 on the same bet and the win rate you need drops from 81.48% to 81.13%. Over 100 bets of $100 that win 81.48% of the time, −440 breaks even and −430 comes out about $43.07 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.
−440 in a parlay
Two legs at −440 combine to decimal 1.506 (about −198): $100 would return $150.62. Each leg's cut compounds, so a parlay keeps more for the book than a single bet. Parlay calculator.
Questions
What does -440 mean in betting?
-440 means you bet $440 to win $100 in profit, returning $540 in all.
How much do I win on a $100 bet at -440?
$22.73 profit, $122.73 back in all if it wins.
What is -440 as a percentage?
-440 implies a 81.48% chance. That's also the share of bets you'd need to win to break even.
What is -440 in decimal odds?
1.227. In fractional odds it's about 5/22.
Is -440 a good bet?
Only if the side wins more than 81.48% 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.