What does +300 mean in betting?
+300 means a $100 bet wins $300, and a $10 bet wins $30. The price says it wins 25.0% of the time, so at +300 you make money on bets that win more than 25.0% of the time.
In plain words
+300 is a longshot: $10 wins $30, and $100 wins $300.
The price says about 1 in 4, or 25.0%. One win covers 3 losses, so a longshot only has to land a bit more often than 25.0% to pay over time.
Size it small. Even a good longshot goes cold: at 25.0%, the chance of ten straight losses is 5.6%. Keep longshot bets to one unit (1% of your bankroll) or less. Never bet the house on one bet.
Where you see +300
Three to one. Around what an NFL team getting about a touchdown pays to win outright, and a common price for a tight end to score.
100 bets at +300
| Win rate | Wins in 100 | Result on 100 bets of $10 |
|---|---|---|
| 22.0% | 22 | -$120 |
| 25.0% (break-even) | 25 | $0 |
| 28.0% | 28 | +$120 |
Three points above break-even turns 100 bets of $10 at +300 into about $120 of profit; three points below loses about the same. The edge is the few points, not the pick.
Prices next to +300
| Price | Chance | $10 wins | Bet to win $100 |
|---|---|---|---|
| +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, +400 pays $100 more than +300 on every $100 bet that wins.
Convert +300 or any other price, see what a ticket pays, or get a suggested bet size for your bankroll.
Questions
What does +300 mean in betting?
+300 means a $100 bet wins $300, and a $10 bet wins $30. The price says it wins 25.0% of the time, so at +300 you make money on bets that win more than 25.0% of the time.
How much does a $10 bet win at +300?
$30 in profit. You get $40 back in total: your $10 plus the win. A $100 bet wins $300.
What win rate do I need at +300?
More than 25.0% to make money over time. That is the price's implied chance, also called the break-even rate.
What is +300 in decimal odds?
4. A $1 bet returns $4 in total. As a fraction it is 3/1.
How often does a +300 bet win?
By its price, 25.0% of the time, about once every 4 bets. Runs of ten or more losses in a row are normal at this price.
One pick a day, free, with its price, the book and a suggested bet size, posted at least 30 minutes before the game. Every result stays public.
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