+130 odds: what they mean and what they pay
At +130 a $100 bet wins $130.00 in profit, $230.00 back in all. The price implies a 43.48% chance, so you need to win more than 43.48% of these bets to come out ahead.
The same price in every format
| American | +130 |
|---|---|
| Decimal | 2.300 |
| Fractional | 13/10 |
| Implied chance | 43.48% |
| Break-even win rate | 43.48% |
What +130 pays
| Bet | Profit if it wins | Total back |
|---|---|---|
| $10 | $13.00 | $23.00 |
| $25 | $32.50 | $57.50 |
| $50 | $65.00 | $115.00 |
| $100 | $130.00 | $230.00 |
| $250 | $325.00 | $575.00 |
| $1,000 | $1,300.00 | $2,300.00 |
Is +130 good odds?
It depends on how likely the bet is to win, not on the number itself. +130 is a good price on a side that wins more than 43.48% of the time and a bad one on a side that wins less. If a market kept nothing, the other side of a +130 bet would be −130; 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, +130 makes the side a slight underdog.
What a better price is worth
Find +135 instead of +130 on the same bet and the win rate you need drops from 43.48% to 42.55%. Over 100 bets of $100 that win 43.48% of the time, +130 breaks even and +135 comes out about $217.39 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.
+130 in a parlay
Two legs at +130 combine to decimal 5.290 (about +429): $100 would return $529.00. Each leg's cut compounds, so a parlay keeps more for the book than a single bet. Parlay calculator.
Questions
What does +130 mean in betting?
+130 means a $100 bet wins $130 in profit, returning $230 in all.
How much do I win on a $100 bet at +130?
$130.00 profit, $230.00 back in all if it wins.
What is +130 as a percentage?
+130 implies a 43.48% chance. That's also the share of bets you'd need to win to break even.
What is +130 in decimal odds?
2.300. In fractional odds it's about 13/10.
How often does a +130 bet win?
The price implies 43.48%, about 43 times in 100. The real chance can be higher or lower; the price includes the book's cut.