Convert -500 to Decimal Odds (1.20)

American
-500
Decimal
1.20
Fractional
1/5
Implied Prob.
83.3%

Payout Table — -500 Odds

Bet SizeProfitTotal Payout
$10.00+$2.00$12.00
$25.00+$5.00$30.00
$50.00+$10.00$60.00
$100.00+$20.00$120.00
$250.00+$50.00$300.00
$500.00+$100.00$600.00

What Does -500 Mean?

An extreme chalk favorite — risk $500 to win $100. At 83.3% implied probability, these are almost always parlay legs. Standalone, one loss wipes out five wins.

At -500 odds, the implied probability is 83.3%. A $100 bet returns $120.00 total — that's $20.00 profit plus your $100 stake.

In decimal format, -500 equals 1.20. In fractional format, it's 1/5. And in American format, it's -500.

Related Conversions

-400

-400 · 1.25 · 1/4 · 80.0%

-300

-300 · 1.33 · 1/3 · 75.0%

-200

-200 · 1.50 · 1/2 · 66.7%

Need a custom conversion? Use the interactive calculator.

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Frequently Asked Questions

What is -500 in decimal odds?
+
-500 American odds equals 1.20 in decimal odds. This means a $1 bet returns $1.20 total (including your original stake).
What is the implied probability of -500 odds?
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-500 American odds imply a 83.3% chance of winning. This is the break-even win rate before any vig adjustment.
How much do I win on a $100 bet at -500?
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A $100 bet at -500 pays $120.00 total — that's $20.00 profit plus your $100 stake back.
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