What does +250 mean in betting?
+250 means a $100 bet wins $250, and a $10 bet wins $25. The price says it wins 28.6% of the time, so at +250 you make money on bets that win more than 28.6% of the time.
In plain words
+250 is an underdog: a $100 bet wins $250, and a $10 bet wins $25.
The price says it wins 28.6% of the time, about 2.9 times in 10. You will lose more of these than you win. That is fine when the real chance is above 28.6%, because each win covers 2.5 losses.
Expect cold runs. At 28.6%, the chance of losing five in a row is 18.6%. Bet sizes that survive those runs matter more than any single pick.
Where you see +250
A longer shot: an NFL underdog of about six points to win outright. The draw in many soccer matches sits between +220 and +300.
100 bets at +250
| Win rate | Wins in 100 | Result on 100 bets of $10 |
|---|---|---|
| 25.6% | 25.6 | -$105 |
| 28.6% (break-even) | 28.6 | $0 |
| 31.6% | 31.6 | +$105 |
Three points above break-even turns 100 bets of $10 at +250 into about $105 of profit; three points below loses about the same. The edge is the few points, not the pick.
Prices next to +250
| Price | Chance | $10 wins | Bet to win $100 |
|---|---|---|---|
| +150 | 40.0% | $15 | $66.67 |
| +175 | 36.4% | $17.50 | $57.14 |
| +200 | 33.3% | $20 | $50 |
| +250 | 28.6% | $25 | $40 |
| +300 | 25.0% | $30 | $33.33 |
| +400 | 20.0% | $40 | $25 |
| +500 | 16.7% | $50 | $20 |
One step better for you, +300 pays $50 more than +250 on every $100 bet that wins.
Convert +250 or any other price, see what a ticket pays, or get a suggested bet size for your bankroll.
Questions
What does +250 mean in betting?
+250 means a $100 bet wins $250, and a $10 bet wins $25. The price says it wins 28.6% of the time, so at +250 you make money on bets that win more than 28.6% of the time.
How much does a $10 bet win at +250?
$25 in profit. You get $35 back in total: your $10 plus the win. A $100 bet wins $250.
What win rate do I need at +250?
More than 28.6% to make money over time. That is the price's implied chance, also called the break-even rate.
What is +250 in decimal odds?
3.5. A $1 bet returns $3.5 in total. As a fraction it is 5/2.
Is +250 worth betting?
Only when the real chance is above 28.6%. A side that wins 33.6% of the time at +250 makes about $17.50 per $100 bet on average; one that wins 23.6% loses about $17.50.
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