What Does -110 Mean in Sports Betting?
The Short Answer
-110 means you need to bet $110 to win $100 in profit. If your bet wins, you get back $210 total (your $110 stake plus $100 in winnings).
This is the most common odds format you'll see at American sportsbooks, especially on point spreads and totals. Understanding -110 is the first step to understanding how sports betting actually works.
Why -110 and Not Even Money?
In a perfectly fair world, a 50/50 bet would be priced at +100 on both sides. You'd bet $100 to win $100. But sportsbooks are businesses, and they need to make money regardless of which side wins.
The difference between +100 (fair odds) and -110 (standard odds) is called the vig, juice, or margin. It's the sportsbook's built-in commission on every bet.
Here's how the math works:
At -110 odds, the implied probability is:
110 / (110 + 100) = 52.38%
When both sides of a bet are priced at -110, the total implied probability is 52.38% + 52.38% = 104.76%. That extra 4.76% above 100% is the vig.
How to Calculate Your Payout at -110
The formula for negative American odds:
Profit = (Stake / Odds) x 100
Example: You bet $55 on a -110 line.
Profit = ($55 / 110) x 100 = $50
Total return = $55 + $50 = $105
Or use our odds converter calculator to instantly see payouts for any stake.
-110 in Different Odds Formats
The same odds expressed differently:
| Format | -110 Equivalent |
|---|---|
| American | -110 |
| Decimal | 1.909 |
| Fractional | 10/11 |
| Implied Probability | 52.38% |
Decimal odds are simpler for calculating payouts. Just multiply your stake by 1.909 to get your total return.
The Break-Even Win Rate at -110
This is where it gets important. At -110 odds, you need to win 52.38% of your bets just to break even.
If you win exactly half your bets (50%), you're slowly losing money. Here's the math over 100 bets at $110 each:
- 50 wins: 50 x $100 = $5,000 profit
- 50 losses: 50 x $110 = $5,500 lost
- Net result: -$500
That $500 loss is the vig the sportsbook collected. To actually profit, you need to beat the 52.38% threshold consistently.
When Odds Aren't -110
Not all bets are priced at -110/-110. You'll often see asymmetric lines like:
- -115/-105 (higher vig on one side)
- -108/-108 (reduced juice)
- -105/-105 (sharp book pricing)
The further from -110, the more you should pay attention. Lines like -115 or -120 mean you're paying extra vig on that side. Lines at -105 or better mean you're getting a discount.
Use our hold calculator to see exactly how much vig you're paying on any line.
Finding Better Than -110
Some sportsbooks offer reduced juice as a competitive advantage. Pinnacle regularly prices spreads at -104 or -105. Over hundreds of bets, this difference is significant.
Example: 100 bets at $100 stake, winning 53%
| Odds | Profit per Win | Loss per Loss | Net Result |
|---|---|---|---|
| -110 | $90.91 | $100 | +$477 |
| -105 | $95.24 | $100 | +$548 |
That's $71 more profit just from finding better odds. This is why line shopping matters.
Common Questions
Is -110 the same on every bet?
No. Main markets like spreads and totals are typically -110, but moneylines, props, and futures vary widely. Always check the specific odds on your bet.
Why do some books have -110 and others have -115?
Books set their own margins. Recreational sportsbooks (DraftKings, FanDuel) often charge higher vig than sharp books (Pinnacle, Circa). The difference comes directly out of your potential profits.
Can I find better than -110?
Yes. Shop multiple sportsbooks, look for reduced juice promotions, and compare lines before betting. Even finding -108 instead of -110 adds up over time.
Key Takeaways
- -110 means bet $110 to win $100 in profit
- The 4.76% vig means you need to win 52.38% to break even
- Better odds exist if you shop around
- Small differences in vig compound into significant money over time
- Use a hold calculator to check the vig on any bet
Put this into practice
Bet Hero scans 400+ sportsbooks in real-time to find +EV bets and arbitrage opportunities so you don't have to.
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