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Odds explained · even money

+100 odds (even money): payout and meaning

+100 is even money (evens, 1/1, decimal 2.00): a winning bet doubles your stake. A $100 bet wins $100.00 and returns $200.00.

+100 at a glanceexact math, no bookmaker margin added
American+100
Fractional1/1 (evens)
Decimal2.00
Implied probability50.00%
$100 wins$100.00
To win $100, stake$100.00

+100 payout chart

StakeProfit if it winsTotal payout
$10$10.00$20.00
$20$20.00$40.00
$25$25.00$50.00
$50$50.00$100.00
$100$100.00$200.00
$200$200.00$400.00
$500$500.00$1,000.00
$1,000$1,000.00$2,000.00

Payout = stake + profit. A losing bet loses the stake; a push (tie, where offered) returns it. In pounds: £100 wins £100.00. Any stake: bet calculator.

How much to bet to win a set amount at +100

To win (profit)Stake needed
$10$10.00
$50$50.00
$100$100.00
$500$500.00

Break-even win rate at +100

The implied probability of +100 is about 50.00% (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 +100 bet is good value depends only on whether your honest estimate of the chance beats that number — the EV calculator does the comparison.

+100 in a parlay

Two +100 legs parlayed combine to decimal odds of 4.00 (+300): a $100 two-leg parlay pays $400.00 if both win. Three legs: decimal 8.00 (+700), paying $800.00 on $100. For independent selections from different events, those prices imply a break-even chance of about 12.50% 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

OddsFractionalDecimalImplied probability$100 wins
−11010/111.9152.38%$90.91
−10520/211.9551.22%$95.24
+1001/12.0050.00%$100.00
+11011/102.1047.62%$110.00
+1206/52.2045.45%$120.00

Full betting odds chart → · How betting odds work · 18+ — odds describe a price, not a prediction or a recommendation to bet.

FAQ

Frequently asked questions

What do +100 odds mean?

+100 is even money (evens, 1/1, decimal 2.00): a winning bet doubles your stake. A $100 bet wins $100.00 and returns $200.00.

How much does a $100 bet at +100 pay?

It wins $100.00 in profit. With your $100 stake back, the total payout is $200.00. A $10 bet wins $10.00.

What is the implied probability of +100?

About 50.00% (rounded): 1 ÷ the exact decimal odds. It is also the win rate you need just to break even at this price over many win-or-lose bets. Bookmaker prices include a margin, so the market’s fair estimate is usually a little lower.

What is +100 in fractional and decimal odds?

Fractional 1/1 (evens), and decimal 2.00 (rounded to two places). They describe the same price. The odds converter switches between formats for any value.

Who is the favorite at even money?

Neither side, if both are priced +100: the price implies exactly 50.00%, and a two-way market at +100 / +100 carries no bookmaker margin at all.