+360 odds: what they mean and what they pay
At +360 a $100 bet wins $360.00 in profit, $460.00 back in all. The price implies a 21.74% chance, so you need to win more than 21.74% of these bets to come out ahead.
The same price in every format
| American | +360 |
|---|---|
| Decimal | 4.600 |
| Fractional | 18/5 |
| Implied chance | 21.74% |
| Break-even win rate | 21.74% |
What +360 pays
| Bet | Profit if it wins | Total back |
|---|---|---|
| $10 | $36.00 | $46.00 |
| $25 | $90.00 | $115.00 |
| $50 | $180.00 | $230.00 |
| $100 | $360.00 | $460.00 |
| $250 | $900.00 | $1,150.00 |
| $1,000 | $3,600.00 | $4,600.00 |
Is +360 good odds?
It depends on how likely the bet is to win, not on the number itself. +360 is a good price on a side that wins more than 21.74% of the time and a bad one on a side that wins less. If a market kept nothing, the other side of a +360 bet would be −360; 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, +360 makes the side a big underdog.
What a better price is worth
Find +370 instead of +360 on the same bet and the win rate you need drops from 21.74% to 21.28%. Over 100 bets of $100 that win 21.74% of the time, +360 breaks even and +370 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.
+360 in a parlay
Two legs at +360 combine to decimal 21.160 (about +2016): $100 would return $2,116.00. Each leg's cut compounds, so a parlay keeps more for the book than a single bet. Parlay calculator.
Questions
What does +360 mean in betting?
+360 means a $100 bet wins $360 in profit, returning $460 in all.
How much do I win on a $100 bet at +360?
$360.00 profit, $460.00 back in all if it wins.
What is +360 as a percentage?
+360 implies a 21.74% chance. That's also the share of bets you'd need to win to break even.
What is +360 in decimal odds?
4.600. In fractional odds it's about 18/5.
How often does a +360 bet win?
The price implies 21.74%, about 22 times in 100. The real chance can be higher or lower; the price includes the book's cut.