Odds explained · odds-on price
−160 odds: payout and meaning
A minus sign means an odds-on price, the kind usually offered on the favorite. −160 means you have to stake $160.00 to win $100 in profit; a $100 bet wins $62.50 and returns $162.50 including your stake.
−160 payout chart
| Stake | Profit if it wins | Total payout |
|---|---|---|
| $10 | $6.25 | $16.25 |
| $20 | $12.50 | $32.50 |
| $25 | $15.63 | $40.63 |
| $50 | $31.25 | $81.25 |
| $100 | $62.50 | $162.50 |
| $200 | $125.00 | $325.00 |
| $500 | $312.50 | $812.50 |
| $1,000 | $625.00 | $1,625.00 |
Payout = stake + profit. A losing bet loses the stake; a push (tie, where offered) returns it. In pounds: £100 wins £62.50. Any stake: bet calculator.
How much to bet to win a set amount at −160
| To win (profit) | Stake needed |
|---|---|
| $10 | $16.00 |
| $50 | $80.00 |
| $100 | $160.00 |
| $500 | $800.00 |
Break-even win rate at −160
The implied probability of −160 is about 61.54% (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 −160 bet is good value depends only on whether your honest estimate of the chance beats that number — the EV calculator does the comparison.
−160 in a parlay
Two −160 legs parlayed combine to decimal odds of ≈ 2.64 (+164, rounded): a $100 two-leg parlay pays $264.06 if both win. Three legs: decimal ≈ 4.29 (+329, rounded), paying $429.10 on $100. For independent selections from different events, those prices imply a break-even chance of about 23.30% 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 |
|---|---|---|---|---|
| −200 | 1/2 | 1.50 | 66.67% | $50.00 |
| −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 |
Full betting odds chart → · How betting odds work · 18+ — odds describe a price, not a prediction or a recommendation to bet.