+470 odds: what they mean and what they pay
At +470 a $100 bet wins $470.00 in profit, $570.00 back in all. The price implies a 17.54% chance, so you need to win more than 17.54% of these bets to come out ahead.
The same price in every format
| American | +470 |
|---|---|
| Decimal | 5.700 |
| Fractional | 47/10 |
| Implied chance | 17.54% |
| Break-even win rate | 17.54% |
What +470 pays
| Bet | Profit if it wins | Total back |
|---|---|---|
| $10 | $47.00 | $57.00 |
| $25 | $117.50 | $142.50 |
| $50 | $235.00 | $285.00 |
| $100 | $470.00 | $570.00 |
| $250 | $1,175.00 | $1,425.00 |
| $1,000 | $4,700.00 | $5,700.00 |
Is +470 good odds?
It depends on how likely the bet is to win, not on the number itself. +470 is a good price on a side that wins more than 17.54% of the time and a bad one on a side that wins less. If a market kept nothing, the other side of a +470 bet would be −470; 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, +470 makes the side a big underdog.
What a better price is worth
Find +480 instead of +470 on the same bet and the win rate you need drops from 17.54% to 17.24%. Over 100 bets of $100 that win 17.54% of the time, +470 breaks even and +480 comes out about $175.44 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.
+470 in a parlay
Two legs at +470 combine to decimal 32.490 (about +3149): $100 would return $3,249.00. Each leg's cut compounds, so a parlay keeps more for the book than a single bet. Parlay calculator.
Questions
What does +470 mean in betting?
+470 means a $100 bet wins $470 in profit, returning $570 in all.
How much do I win on a $100 bet at +470?
$470.00 profit, $570.00 back in all if it wins.
What is +470 as a percentage?
+470 implies a 17.54% chance. That's also the share of bets you'd need to win to break even.
What is +470 in decimal odds?
5.700. In fractional odds it's about 47/10.
How often does a +470 bet win?
The price implies 17.54%, about 18 times in 100. The real chance can be higher or lower; the price includes the book's cut.