+380 odds: what they mean and what they pay
At +380 a $100 bet wins $380.00 in profit, $480.00 back in all. The price implies a 20.83% chance, so you need to win more than 20.83% of these bets to come out ahead.
The same price in every format
| American | +380 |
|---|---|
| Decimal | 4.800 |
| Fractional | 19/5 |
| Implied chance | 20.83% |
| Break-even win rate | 20.83% |
What +380 pays
| Bet | Profit if it wins | Total back |
|---|---|---|
| $10 | $38.00 | $48.00 |
| $25 | $95.00 | $120.00 |
| $50 | $190.00 | $240.00 |
| $100 | $380.00 | $480.00 |
| $250 | $950.00 | $1,200.00 |
| $1,000 | $3,800.00 | $4,800.00 |
Is +380 good odds?
It depends on how likely the bet is to win, not on the number itself. +380 is a good price on a side that wins more than 20.83% of the time and a bad one on a side that wins less. If a market kept nothing, the other side of a +380 bet would be −380; 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, +380 makes the side a big underdog.
What a better price is worth
Find +390 instead of +380 on the same bet and the win rate you need drops from 20.83% to 20.41%. Over 100 bets of $100 that win 20.83% of the time, +380 breaks even and +390 comes out about $208.33 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.
+380 in a parlay
Two legs at +380 combine to decimal 23.040 (about +2204): $100 would return $2,304.00. Each leg's cut compounds, so a parlay keeps more for the book than a single bet. Parlay calculator.
Questions
What does +380 mean in betting?
+380 means a $100 bet wins $380 in profit, returning $480 in all.
How much do I win on a $100 bet at +380?
$380.00 profit, $480.00 back in all if it wins.
What is +380 as a percentage?
+380 implies a 20.83% chance. That's also the share of bets you'd need to win to break even.
What is +380 in decimal odds?
4.800. In fractional odds it's about 19/5.
How often does a +380 bet win?
The price implies 20.83%, about 21 times in 100. The real chance can be higher or lower; the price includes the book's cut.