-200 means you bet 200 to win 100. It marks the favorite. A 10 bet wins 5.00 and returns 15.00. The odds imply a 66.7% chance of winning.
How much -200 pays
| Stake | Profit | Total return |
|---|---|---|
| 10 | +5.00 | 15.00 |
| 20 | +10.00 | 30.00 |
| 25 | +12.50 | 37.50 |
| 50 | +25.00 | 75.00 |
| 100 | +50.00 | 150.00 |
| 250 | +125.00 | 375.00 |
Same math in the odds converter, with any stake you like.
What -200 says about your chances
-200 says the favorite wins 2 times out of 3. It pays half your stake, so you need to win two bets to make up for every one you lose. Any price with a minus sign is a favorite; the bigger the number, the bigger the favorite. The break-even win rate for -200 is 66.7%.
-200 in a parlay
| Legs at -200 | Parlay odds | Chance all hit |
|---|---|---|
| 1 (straight bet) | -200 | 66.7% |
| 2 | +125 | 44.4% |
| 3 | +238 | 29.6% |
Every leg has to win, so the chances multiply. Open two -200 legs in the parlay calculator, or see how often parlays really hit.
How -200 bets actually did
FakeBet players' pre-game straight bets priced near -200 (about -214 to -187) won 49 of 81 (60.5%) in the last 90 days, across 64 games. The odds implied 66.7%.
Our players have fallen short of the price here, which is what the sportsbook margin predicts over time. Play-money bets on real odds, settled from official results.