+145 odds: what they mean and what they pay
At +145 a $100 bet wins $145.00 in profit, $245.00 back in all. The price implies a 40.82% chance, so you need to win more than 40.82% of these bets to come out ahead.
The same price in every format
| American | +145 |
|---|---|
| Decimal | 2.450 |
| Fractional | 29/20 |
| Implied chance | 40.82% |
| Break-even win rate | 40.82% |
What +145 pays
| Bet | Profit if it wins | Total back |
|---|---|---|
| $10 | $14.50 | $24.50 |
| $25 | $36.25 | $61.25 |
| $50 | $72.50 | $122.50 |
| $100 | $145.00 | $245.00 |
| $250 | $362.50 | $612.50 |
| $1,000 | $1,450.00 | $2,450.00 |
Is +145 good odds?
It depends on how likely the bet is to win, not on the number itself. +145 is a good price on a side that wins more than 40.82% of the time and a bad one on a side that wins less. If a market kept nothing, the other side of a +145 bet would be −145; 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, +145 makes the side a slight underdog.
What a better price is worth
Find +150 instead of +145 on the same bet and the win rate you need drops from 40.82% to 40.00%. Over 100 bets of $100 that win 40.82% of the time, +145 breaks even and +150 comes out about $204.08 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.
+145 in a parlay
Two legs at +145 combine to decimal 6.003 (about +500): $100 would return $600.25. Each leg's cut compounds, so a parlay keeps more for the book than a single bet. Parlay calculator.
Questions
What does +145 mean in betting?
+145 means a $100 bet wins $145 in profit, returning $245 in all.
How much do I win on a $100 bet at +145?
$145.00 profit, $245.00 back in all if it wins.
What is +145 as a percentage?
+145 implies a 40.82% chance. That's also the share of bets you'd need to win to break even.
What is +145 in decimal odds?
2.450. In fractional odds it's about 29/20.
How often does a +145 bet win?
The price implies 40.82%, about 41 times in 100. The real chance can be higher or lower; the price includes the book's cut.