Plus money bets

Question

Ok guys if anybody can answer this i would really appreciate it.

If your'e getting plus +116 on a sports bet, how often will you have to be correct to be profitable ?

Obviously if you go 50%-50% you would be ahead in the long term but say you are only right 45% of the time, would you still be profitable?

Not sure how to calculate this..

Thanks

FTP · Answer

Ok guys if anybody can answer this i would really appreciate it.

If your'e getting plus +116 on a sports bet, how often will you have to be correct to be profitable ?

Obviously if you go 50%-50% you would be ahead in the long term but say you are only right 45% of the time, would you still be profitable?

Not sure how to calculate this..

Thanks

chaser15 · Answer

44% would put you in positive territory assuming you&#x27;re wagering 1U to win 1.16U....your break-even point would be around 43.11%

FTP · Answer

Thanks for the reply, I did a little research after posting this and i Believe that it the break even would be 46.2 percent.