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Odds explained · odds-against price

+500 odds: payout and meaning

A plus sign means an odds-against price, the kind usually offered on the underdog. +500 means a $100 bet wins $500.00 in profit and returns $600.00 including your stake.

+500 at a glanceexact math, no bookmaker margin added
American+500
Fractional5/1
Decimal6.00
Implied probability16.67%
$100 wins$500.00
To win $100, stake$20.00

+500 payout chart

StakeProfit if it winsTotal payout
$10$50.00$60.00
$20$100.00$120.00
$25$125.00$150.00
$50$250.00$300.00
$100$500.00$600.00
$200$1,000.00$1,200.00
$500$2,500.00$3,000.00
$1,000$5,000.00$6,000.00

Payout = stake + profit. A losing bet loses the stake; a push (tie, where offered) returns it. In pounds: £100 wins £500.00. Any stake: bet calculator.

How much to bet to win a set amount at +500

To win (profit)Stake needed
$10$2.00
$50$10.00
$100$20.00
$500$100.00

Break-even win rate at +500

The implied probability of +500 is about 16.67% (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 +500 bet is good value depends only on whether your honest estimate of the chance beats that number — the EV calculator does the comparison.

+500 in a parlay

Two +500 legs parlayed combine to decimal odds of 36.00 (+3500): a $100 two-leg parlay pays $3,600.00 if both win. Three legs: decimal 216.00 (+21500), paying $21,600.00 on $100. For independent selections from different events, those prices imply a break-even chance of about 0.46% 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
+4004/15.0020.00%$400.00
9/29/25.5018.18%$450.00
+5005/16.0016.67%$500.00
+6006/17.0014.29%$600.00
+100010/111.009.09%$1,000.00

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 +500 odds mean?

A plus sign means an odds-against price, the kind usually offered on the underdog. +500 means a $100 bet wins $500.00 in profit and returns $600.00 including your stake.

How much does a $100 bet at +500 pay?

It wins $500.00 in profit. With your $100 stake back, the total payout is $600.00. A $10 bet wins $50.00.

What is the implied probability of +500?

About 16.67% (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 +500 in fractional and decimal odds?

Fractional 5/1, and decimal 6.00 (rounded to two places). They describe the same price. The odds converter switches between formats for any value.

Does +500 mean underdog?

Usually, but not by definition. +500 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.