slipmath.

Odds explained · odds-against price

+400 odds: payout and meaning

A plus sign means an odds-against price, the kind usually offered on the underdog. +400 means a $100 bet wins $400.00 in profit and returns $500.00 including your stake.

+400 at a glanceexact math, no bookmaker margin added
American+400
Fractional4/1
Decimal5.00
Implied probability20.00%
$100 wins$400.00
To win $100, stake$25.00

+400 payout chart

StakeProfit if it winsTotal payout
$10$40.00$50.00
$20$80.00$100.00
$25$100.00$125.00
$50$200.00$250.00
$100$400.00$500.00
$200$800.00$1,000.00
$500$2,000.00$2,500.00
$1,000$4,000.00$5,000.00

Payout = stake + profit. A losing bet loses the stake; a push (tie, where offered) returns it. In pounds: £100 wins £400.00. Any stake: bet calculator.

How much to bet to win a set amount at +400

To win (profit)Stake needed
$10$2.50
$50$12.50
$100$25.00
$500$125.00

Break-even win rate at +400

The implied probability of +400 is about 20.00% (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 +400 bet is good value depends only on whether your honest estimate of the chance beats that number — the EV calculator does the comparison.

+400 in a parlay

Two +400 legs parlayed combine to decimal odds of 25.00 (+2400): a $100 two-leg parlay pays $2,500.00 if both win. Three legs: decimal 125.00 (+12400), paying $12,500.00 on $100. For independent selections from different events, those prices imply a break-even chance of about 0.80% 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
+3003/14.0025.00%$300.00
7/27/24.5022.22%$350.00
+4004/15.0020.00%$400.00
9/29/25.5018.18%$450.00
+5005/16.0016.67%$500.00

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 +400 odds mean?

A plus sign means an odds-against price, the kind usually offered on the underdog. +400 means a $100 bet wins $400.00 in profit and returns $500.00 including your stake.

How much does a $100 bet at +400 pay?

It wins $400.00 in profit. With your $100 stake back, the total payout is $500.00. A $10 bet wins $40.00.

What is the implied probability of +400?

About 20.00% (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 +400 in fractional and decimal odds?

Fractional 4/1, and decimal 5.00 (rounded to two places). They describe the same price. The odds converter switches between formats for any value.

Does +400 mean underdog?

Usually, but not by definition. +400 is odds-against: the profit is more than the stake and the price implies under 50%. Who is the favorite depends on the other prices in the market — in a three-way soccer market (home, draw, away) the favorite can be priced odds-against too.