Odds explained · odds-on price
−150 odds: payout and meaning
A minus sign means an odds-on price, the kind usually offered on the favorite. −150 means you have to stake $150.00 to win $100 in profit; a $100 bet wins $66.67 and returns $166.67 including your stake.
−150 payout chart
| Stake | Profit if it wins | Total payout |
|---|---|---|
| $10 | $6.67 | $16.67 |
| $20 | $13.33 | $33.33 |
| $25 | $16.67 | $41.67 |
| $50 | $33.33 | $83.33 |
| $100 | $66.67 | $166.67 |
| $200 | $133.33 | $333.33 |
| $500 | $333.33 | $833.33 |
| $1,000 | $666.67 | $1,666.67 |
Payout = stake + profit. A losing bet loses the stake; a push (tie, where offered) returns it. In pounds: £100 wins £66.67. Any stake: bet calculator.
How much to bet to win a set amount at −150
| To win (profit) | Stake needed |
|---|---|
| $10 | $15.00 |
| $50 | $75.00 |
| $100 | $150.00 |
| $500 | $750.00 |
Break-even win rate at −150
The implied probability of −150 is about 60.00% (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 −150 bet is good value depends only on whether your honest estimate of the chance beats that number — the EV calculator does the comparison.
−150 in a parlay
Two −150 legs parlayed combine to decimal odds of ≈ 2.78 (+178, rounded): a $100 two-leg parlay pays $277.78 if both win. Three legs: decimal ≈ 4.63 (+363, rounded), paying $462.96 on $100. For independent selections from different events, those prices imply a break-even chance of about 21.60% 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 |
|---|---|---|---|---|
| −175 | 4/7 | 1.57 | 63.64% | $57.14 |
| −160 | 5/8 | 1.63 | 61.54% | $62.50 |
| −150 | 4/6 | 1.67 | 60.00% | $66.67 |
| −140 | 5/7 | 1.71 | 58.33% | $71.43 |
| 8/11 | 8/11 | 1.73 | 57.89% | $72.73 |
Full betting odds chart → · How betting odds work · 18+ — odds describe a price, not a prediction or a recommendation to bet.