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What does +300 mean?

An underdog in American odds: the payout, the chance it implies, and how bets at this price really do.

+300 means a 100 bet wins 300. It marks the underdog. A 10 bet wins 30.00 and returns 40.00. The odds imply a 25% chance of winning.

4.00decimal odds
3/1fractional odds
25%implied chance
+300.00profit on a 100 bet

How much +300 pays

StakeProfitTotal return
10+30.0040.00
20+60.0080.00
25+75.00100.00
50+150.00200.00
100+300.00400.00
250+750.001,000.00

Same math in the odds converter, with any stake you like.

What +300 says about your chances

+300 is a big underdog: 1 win in 4 by the odds, paying three times your stake when it hits. Any price with a plus sign is an underdog; the bigger the number, the bigger the underdog. The break-even win rate for +300 is 25%.

+300 in a parlay

Legs at +300Parlay oddsChance all hit
1 (straight bet)+30025%
2+1,5006.3%
3+6,3001.6%

Every leg has to win, so the chances multiply. Open two +300 legs in the parlay calculator, or see how often parlays really hit.

How +300 bets actually did

FakeBet players' pre-game straight bets priced near +300 (about +277 to +326) won 8 of 30 (26.7%) in the last 90 days, across 25 games. The odds implied 25%.

So far our players have beaten the price here. Many players often back the same game, so one result moves this number a lot: treat it as a snapshot, not an edge. Play-money bets on real odds, settled from official results.

Other common odds

+300 questions

Is +300 a favorite or an underdog?

An underdog. A plus sign means a 100 bet wins more than 100: 300 at these odds.

How do you calculate a +300 payout?

Divide 300 by 100 and multiply by your stake to get the profit: a 50 bet wins 150.00. Add your stake back for the total return of 200.00.

What are +300 odds as a percentage?

25%. That's the implied probability: 1 divided by the decimal odds of 4.00. Because the sportsbook's margin is built in, the true chance is usually a little lower.

What are +300 odds in decimal and fractional?

4.00 in decimal odds and 3/1 in fractional odds.