What Does -115 Mean in Betting?
-115 means you must bet $115 to win $100 in profit. It marks the favorite side of a market, with a 53.49% implied probability of winning.
Implied Probability
53.49%
Decimal Odds
1.87
Fractional Odds
20/23
$100 Bet Profit
$86.96
-115 Payout Table
| Stake | Profit | Total Return |
|---|---|---|
| $10 | $8.70 | $18.70 |
| $20 | $17.39 | $37.39 |
| $25 | $21.74 | $46.74 |
| $50 | $43.48 | $93.48 |
| $100 | $86.96 | $186.96 |
| $200 | $173.91 | $373.91 |
| $500 | $434.78 | $934.78 |
| $1000 | $869.57 | $1869.57 |
Frequently Asked Questions
How much does a $100 bet at -115 pay?
A $100 bet returns $186.96 total - your $100 stake plus $86.96 in profit.
What is -115 in decimal and fractional odds?
-115 equals 1.87 in decimal odds (total return per $1 staked) and 20/23 in fractional odds (profit per unit staked).
Is -115 a favorite or an underdog?
-115 is a favorite. Negative odds mean the market gives this side a better-than-even chance (53.49%), so you risk more than you win.