Odds explained · odds-on price
−105 odds: payout and meaning
A minus sign means an odds-on price, the kind usually offered on the favorite. −105 means you have to stake $105.00 to win $100 in profit; a $100 bet wins $95.24 and returns $195.24 including your stake.
−105 payout chart
| Stake | Profit if it wins | Total payout |
|---|---|---|
| $10 | $9.52 | $19.52 |
| $20 | $19.05 | $39.05 |
| $25 | $23.81 | $48.81 |
| $50 | $47.62 | $97.62 |
| $100 | $95.24 | $195.24 |
| $200 | $190.48 | $390.48 |
| $500 | $476.19 | $976.19 |
| $1,000 | $952.38 | $1,952.38 |
Payout = stake + profit. A losing bet loses the stake; a push (tie, where offered) returns it. In pounds: £100 wins £95.24. Any stake: bet calculator.
How much to bet to win a set amount at −105
| To win (profit) | Stake needed |
|---|---|
| $10 | $10.50 |
| $50 | $52.50 |
| $100 | $105.00 |
| $500 | $525.00 |
Break-even win rate at −105
The implied probability of −105 is about 51.22% (1 ÷ the exact decimal odds, shown rounded). That is the break-even win rate: if you bet this price many times on win-or-lose bets, you need to win more often than that to come out ahead. Whether a −105 bet is good value depends only on whether your honest estimate of the chance beats that number — the EV calculator does the comparison.
−105 is a common price on spreads and totals. When both sides of a two-way market are −105, the implied probabilities add up to 102.44%: the extra 2.44% is the bookmaker’s margin, and the fair price for each side is even money (+100). See the vig calculator for other markets.
−105 in a parlay
Two −105 legs parlayed combine to decimal odds of ≈ 3.81 (+281, rounded): a $100 two-leg parlay pays $381.18 if both win. Three legs: decimal ≈ 7.44 (+644, rounded), paying $744.21 on $100. For independent selections from different events, those prices imply a break-even chance of about 13.44% for all three winning — an implied figure that includes each price’s margin, not a forecast; bookmakers may refuse or reprice related selections. Payouts use the exact, unrounded combined odds. Build your own with the parlay calculator.
Compare nearby odds
| Odds | Fractional | Decimal | Implied probability | $100 wins |
|---|---|---|---|---|
| −115 | 20/23 | 1.87 | 53.49% | $86.96 |
| −110 | 10/11 | 1.91 | 52.38% | $90.91 |
| −105 | 20/21 | 1.95 | 51.22% | $95.24 |
| +100 | 1/1 | 2.00 | 50.00% | $100.00 |
| +110 | 11/10 | 2.10 | 47.62% | $110.00 |
Full betting odds chart → · How betting odds work · 18+ — odds describe a price, not a prediction or a recommendation to bet.