+490 odds: what they mean and what they pay
At +490 a $100 bet wins $490.00 in profit, $590.00 back in all. The price implies a 16.95% chance, so you need to win more than 16.95% of these bets to come out ahead.
The same price in every format
| American | +490 |
|---|---|
| Decimal | 5.900 |
| Fractional | 49/10 |
| Implied chance | 16.95% |
| Break-even win rate | 16.95% |
What +490 pays
| Bet | Profit if it wins | Total back |
|---|---|---|
| $10 | $49.00 | $59.00 |
| $25 | $122.50 | $147.50 |
| $50 | $245.00 | $295.00 |
| $100 | $490.00 | $590.00 |
| $250 | $1,225.00 | $1,475.00 |
| $1,000 | $4,900.00 | $5,900.00 |
Is +490 good odds?
It depends on how likely the bet is to win, not on the number itself. +490 is a good price on a side that wins more than 16.95% of the time and a bad one on a side that wins less. If a market kept nothing, the other side of a +490 bet would be −490; 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, +490 makes the side a big underdog.
What a better price is worth
Find +500 instead of +490 on the same bet and the win rate you need drops from 16.95% to 16.67%. Over 100 bets of $100 that win 16.95% of the time, +490 breaks even and +500 comes out about $169.49 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.
+490 in a parlay
Two legs at +490 combine to decimal 34.810 (about +3381): $100 would return $3,481.00. Each leg's cut compounds, so a parlay keeps more for the book than a single bet. Parlay calculator.
Questions
What does +490 mean in betting?
+490 means a $100 bet wins $490 in profit, returning $590 in all.
How much do I win on a $100 bet at +490?
$490.00 profit, $590.00 back in all if it wins.
What is +490 as a percentage?
+490 implies a 16.95% chance. That's also the share of bets you'd need to win to break even.
What is +490 in decimal odds?
5.900. In fractional odds it's about 49/10.
How often does a +490 bet win?
The price implies 16.95%, about 17 times in 100. The real chance can be higher or lower; the price includes the book's cut.