-119 Odds Explained
- Decimal
- 1.84
- American
- -119
- Fractional
- 79/94
- Implied probability
- 54.34%
- Polymarket
- 54¢
- $100 wins
- 84.03
- The fraction shown is the closest simple fraction to the odds rounded to 3 decimals, not an exact match.
- American
- -119
- Fractional
- 79/94
- Implied probability
- 54.34%
- Polymarket
- 54¢
- Profit
- 84.03
- Total return
- 184.03
1.840 decimal, -119 American, 54.34% implied probability
American odds of -119 mean
you risk 119 to win 100
. In decimal notation that is 1.84, in fractional notation 79/94, and the implied probability is 54.34%. On a prediction market the same price is a 54¢ share.
What -119 pays
A 100 stake at -119 returns 184.03 in total: your 100 back plus 84.03 profit. To win exactly 100 you would stake 119.00. The table covers the stakes people actually use.
| Stake | Profit | Total return |
|---|---|---|
| 10 | 8.40 | 18.40 |
| 25 | 21.01 | 46.01 |
| 50 | 42.02 | 92.02 |
| 100 | 84.03 | 184.03 |
| 500 | 420.17 | 920.17 |
| 1,000 | 840.34 | 1,840.34 |
Break-even and long-run results
The implied probability of -119 is 54.34%, and that number is also the break-even win rate: win more often than 54.34% 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.
| Win rate | Return on stake |
|---|---|
| 50% | -8.0% |
| 54% | -0.6% |
| 55% | 1.2% |
| 60% | 10.4% |
| 65% | 19.6% |
An implied probability of 54.34% makes -119 a near-even price. This is the natural home of handicap and over/under markets, where the bookmaker adjusts the line rather than the price and both sides are quoted a shade under 2.00 decimal.
The vig at -119
If both sides of a two-way market were priced at -119, the implied probabilities would add up to 8.68% above 100%. That excess is the overround, or vig; as a share of stakes it is a 7.98% 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.
-119 on a betting exchange
Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission -119 is worth 1.824 decimal (-121 American); at 5% it drops to 1.798 (-125). Those are the bookmaker prices you would need to beat.
| Commission | Effective decimal | Effective American | Break-even |
|---|---|---|---|
| 2% | 1.824 | -121 | 54.84% |
| 5% | 1.798 | -125 | 55.61% |
Same price in other formats
Same price in other formats
Nearby prices
Nearby prices
Frequently asked questions
What does -119 mean in betting?
-119 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At -119 the implied probability is 54.34% and a 100 stake returns 184.03.
What is -119 in decimal odds?
-119 converts to 1.840 in decimal odds (usually shown as 1.84). Decimal odds are the total return per unit staked, so multiply your stake by 1.840 to get the return.
What is -119 as a fraction?
-119 is 79/94 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 -119?
A 100 stake at -119 wins 84.03 in profit and returns 184.03 including the stake. To win exactly 100 you would stake 119.00.
What win rate do I need at -119?
The break-even win rate equals the implied probability, 54.34%. Winning more often than that at this price is profitable over the long run; winning less often loses money.