Here we will explain what plus 498 odds mean, give you the percentage probability of +498 odds, and provide you with a +498 odds calculator. Before we continue, note that we are talking about +498 American odds, also known as +498 Moneyline odds.
When two teams or opponents are playing against each other, usually the team with positive odds is the underdog and not likely to win, while the team with the negative odds is the favorite to win.
Thus, a team that has the American odds of +498 is the underdog and not the likely winner. The percentage probability of winning a bet with +498 odds is about 16.72 percent.
Furthermore, +498 odds means that for each $100 you bet, you will win $498. So if your team wins, a $100 bet will result in a total payout of $598 (bet plus winnings).
In the +498 Moneyline Odds Calculator (+498 American Odds Calculator) below, you can enter your bet to calculate your winnings and payouts of a plus 498 odds bet.
American Odds Calculator
Learn what another American odds means and calculate how much you can win. Please enter a negative (-) or positive (+) American odds in the box below.
What does plus 499 odds mean?
Here is another American odds that we have explained for you!