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-1150 Odds Explained

Decimal
1.09
American
-1,150
Fractional
2/23
Implied probability
92.00%
Polymarket
92¢
$100 wins
8.70
Inputs
Results
Decimal odds1.087
American
-1,150
Fractional
2/23
Implied probability
92.00%
Polymarket
92¢
Profit
8.70
Total return
108.70

1.087 decimal, -1,150 American, 92.00% implied probability

-1150 is an American price:

the minus sign marks a favourite, and the number is the stake needed to win 100

. Every other format describes the same chance: 1.09 decimal, 2/23 fractional, 92.00% implied probability, 92¢ on Polymarket.

What -1150 pays

A 100 stake at -1150 returns 108.70 in total: your 100 back plus 8.70 profit. To win exactly 100 you would stake 1,150.00. The table covers the stakes people actually use.

Payout by stake
StakeProfitTotal return
100.8710.87
252.1727.17
504.3554.35
1008.70108.70
50043.48543.48
1,00086.961,086.96

Break-even and long-run results

The implied probability of -1150 is 92.00%, and that number is also the break-even win rate: win more often than 92.00% of the time at this price and you profit in the long run, win less often and you lose. The table shows the return on stake at a few win rates, including the break-even rate itself.

Return on stake by long-run win rate
Win rateReturn on stake
50%-45.7%
55%-40.2%
60%-34.8%
65%-29.3%
92%-0.0%

At 92.00% this is a heavy favourite. Prices this short appear when one side is expected to win comfortably: a top seed against a qualifier, a strong home team against a relegation candidate, or a moneyline in a game with a double-digit spread. The catch is the payout. You need to win more than 92.00% of these bets just to stand still, and one loss wipes out several wins.

The vig at -1150

If both sides of a two-way market were priced at -1150, the implied probabilities would add up to 84.00% above 100%. That excess is the overround, or vig; as a share of stakes it is a 45.65% margin for the bookmaker. Removing it leaves fair odds of 2.00 decimal ( +100) on each side. Use the devig calculator to do the same for any market.

-1150 on a betting exchange

Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission -1150 is worth 1.085 decimal (-1,173 American); at 5% it drops to 1.083 (-1,211). Those are the bookmaker prices you would need to beat.

Effective odds on an exchange
CommissionEffective decimalEffective AmericanBreak-even
2%1.085-1,17392.15%
5%1.083-1,21192.37%

Same price in other formats

Same price in other formats

Nearby prices

Nearby prices

Frequently asked questions

What does -1150 mean in betting?

-1150 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At -1150 the implied probability is 92.00% and a 100 stake returns 108.70.

What is -1150 in decimal odds?

-1150 converts to 1.087 in decimal odds (usually shown as 1.09). Decimal odds are the total return per unit staked, so multiply your stake by 1.087 to get the return.

What is -1150 as a fraction?

-1150 is 2/23 in fractional odds, the traditional bookmaker notation where the top number is profit and the bottom number is stake.

How much do I win on a 100 bet at -1150?

A 100 stake at -1150 wins 8.70 in profit and returns 108.70 including the stake. To win exactly 100 you would stake 1,150.00.

What win rate do I need at -1150?

The break-even win rate equals the implied probability, 92.00%. Winning more often than that at this price is profitable over the long run; winning less often loses money.