Convert -120 to Decimal Odds (1.83)

American
-120
Decimal
1.83
Fractional
5/6
Implied Prob.
54.5%

Payout Table — -120 Odds

Bet SizeProfitTotal Payout
$10.00+$8.33$18.33
$25.00+$20.83$45.83
$50.00+$41.67$91.67
$100.00+$83.33$183.33
$250.00+$208.33$458.33
$500.00+$416.67$916.67

What Does -120 Mean?

Common on slightly juiced lines where the book has moved from -110 due to action on one side. Frequently seen on run lines in baseball and puck lines in hockey.

At -120 odds, the implied probability is 54.5%. A $100 bet returns $183.33 total — that's $83.33 profit plus your $100 stake.

In decimal format, -120 equals 1.83. In fractional format, it's 5/6. And in American format, it's -120.

Related Conversions

-110

-110 · 1.91 · 10/11 · 52.4%

-130

-130 · 1.77 · 10/13 · 56.5%

-150

-150 · 1.67 · 2/3 · 60.0%

Need a custom conversion? Use the interactive calculator.

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Frequently Asked Questions

What is -120 in decimal odds?
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-120 American odds equals 1.83 in decimal odds. This means a $1 bet returns $1.83 total (including your original stake).
What is the implied probability of -120 odds?
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-120 American odds imply a 54.5% chance of winning. This is the break-even win rate before any vig adjustment.
How much do I win on a $100 bet at -120?
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A $100 bet at -120 pays $183.33 total — that's $83.33 profit plus your $100 stake back.
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