If you see odds of +3000 next to a team or player, you are looking at a massive “Longshot.” In sports betting, this number indicates a very low probability of winning, but an extremely high reward if the upset happens.
The Payout Breakdown
Odds of +3000 mean that for every $100 you bet, you will win $3,000 in profit.
Total Payout: If you win, you collect your $3,000 profit plus your original $100 stake, totaling $3,100.
Payout Examples for Different Wagers
You don’t have to bet $100. The ratio is 30 to 1. Here is how much you would win with smaller bets:
| Your Bet | Profit Won | Total Payout |
|---|---|---|
| $5 | $150 | $155 |
| $10 | $300 | $310 |
| $20 | $600 | $620 |
| $50 | $1,500 | $1,550 |
| $100 | $3,000 | $3,100 |
Have a specific bankroll amount in mind? You can calculate the exact return for any custom wager using our free Odds Converter & Payout Calculator.
When Do You See +3000 Odds?
Odds this high usually appear in two specific scenarios:
1. Futures Markets
This is the most common scenario. Before a season starts, a team perceived as “bad” might be +3000 to win the Championship (Super Bowl, World Series, etc.).
- Example: Betting on a low-ranked golfer to win The Masters.
2. Massive Parlays
If you combine multiple “safe” bets into one large ticket, the odds can easily reach +3000. For example, a 6-leg parlay of standard outcomes often pays around this amount. To see exactly how your combined odds stack up, use our Parlay & Accumulator Calculator.
The Reality Check: Implied Probability
The payouts look life-changing, but the math is sobering. What is the actual percentage chance of a +3000 shot winning?
The Formula:
100 / (Odds + 100) = Probability %
100 / (3000 + 100) = 100 / 3100 = 3.23%
Mathematically, a +3000 bet is expected to lose 96.7% of the time. This is why professional bettors rarely place large amounts on these odds. They are considered “lottery tickets.”
However, if your analysis suggests the team actually has a 5% or 10% chance to win (perhaps due to a star player returning from injury), then +3000 represents massive value. You can verify this edge with our Value Bet Calculator.
Converting +3000 to Other Formats
If you are watching international sports, +3000 translates to:
- Fractional Odds: 30/1 (“Thirty to One”).
- Decimal Odds: 31.00 (Calculation: Stake × 31.00).
Summary
A +3000 bet is a high-risk, high-reward wager typically found in Futures markets or long Parlays.
- Profit: 30x your stake ($100 wins $3,000).
- Probability: ~3.2% chance of winning.
- Strategy: Only bet small amounts (0.5% or less of bankroll) on odds this long to avoid depleting your funds.