+850 odds: what they mean and what they pay
At +850 a $100 bet wins $850.00 in profit, $950.00 back in all. The price implies a 10.53% chance, so you need to win more than 10.53% of these bets to come out ahead.
The same price in every format
| American | +850 |
|---|---|
| Decimal | 9.500 |
| Fractional | 17/2 |
| Implied chance | 10.53% |
| Break-even win rate | 10.53% |
What +850 pays
| Bet | Profit if it wins | Total back |
|---|---|---|
| $10 | $85.00 | $95.00 |
| $25 | $212.50 | $237.50 |
| $50 | $425.00 | $475.00 |
| $100 | $850.00 | $950.00 |
| $250 | $2,125.00 | $2,375.00 |
| $1,000 | $8,500.00 | $9,500.00 |
Is +850 good odds?
It depends on how likely the bet is to win, not on the number itself. +850 is a good price on a side that wins more than 10.53% of the time and a bad one on a side that wins less. If a market kept nothing, the other side of a +850 bet would be −850; 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, +850 makes the side a long shot: most of these lose, and the wins pay for them.
What a better price is worth
Find +900 instead of +850 on the same bet and the win rate you need drops from 10.53% to 10.00%. Over 100 bets of $100 that win 10.53% of the time, +850 breaks even and +900 comes out about $526.32 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.
+850 in a parlay
Two legs at +850 combine to decimal 90.250 (about +8925): $100 would return $9,025.00. Each leg's cut compounds, so a parlay keeps more for the book than a single bet. Parlay calculator.
Questions
What does +850 mean in betting?
+850 means a $100 bet wins $850 in profit, returning $950 in all.
How much do I win on a $100 bet at +850?
$850.00 profit, $950.00 back in all if it wins.
What is +850 as a percentage?
+850 implies a 10.53% chance. That's also the share of bets you'd need to win to break even.
What is +850 in decimal odds?
9.500. In fractional odds it's about 17/2.
How often does a +850 bet win?
The price implies 10.53%, about 11 times in 100. The real chance can be higher or lower; the price includes the book's cut.