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-130 Odds Explained

Decimal
1.77
American
-130
Fractional
10/13
Implied probability
56.52%
Polymarket
57¢
$100 wins
76.92
Inputs
Results
Decimal odds1.769
American
-130
Fractional
10/13
Implied probability
56.52%
Polymarket
57¢
Profit
76.92
Total return
176.92

1.769 decimal, -130 American, 56.52% implied probability

The price -130 converts to 1.77 decimal odds and 10/13 fractional odds. Read as a probability it says the bookmaker prices this outcome at 56.52%, which is the share of the time you would need to win just to break even. A prediction market would quote the same chance as 57¢.

What -130 pays

A 100 stake at -130 returns 176.92 in total: your 100 back plus 76.92 profit. To win exactly 100 you would stake 130.00. The table covers the stakes people actually use.

Payout by stake
StakeProfitTotal return
107.6917.69
2519.2344.23
5038.4688.46
10076.92176.92
500384.62884.62
1,000769.231,769.23

Break-even and long-run results

The implied probability of -130 is 56.52%, and that number is also the break-even win rate: win more often than 56.52% 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%-11.5%
55%-2.7%
57%0.8%
60%6.2%
65%15.0%

-130 marks a clear favourite without being a lock: the implied chance is 56.52%, so the bookmaker expects this outcome roughly two times in three. Moneylines on the better team in an evenly scheduled league, the higher-ranked tennis player, or the "under" in a low-total game are typical places to see it.

The vig at -130

If both sides of a two-way market were priced at -130, the implied probabilities would add up to 13.04% above 100%. That excess is the overround, or vig; as a share of stakes it is a 11.54% 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.

-130 on a betting exchange

Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission -130 is worth 1.754 decimal (-133 American); at 5% it drops to 1.731 (-137). Those are the bookmaker prices you would need to beat.

Effective odds on an exchange
CommissionEffective decimalEffective AmericanBreak-even
2%1.754-13357.02%
5%1.731-13757.78%

Same price in other formats

Same price in other formats

Nearby prices

Nearby prices

  • -140 · 1.71 · 58.3%
  • -135 · 1.74 · 57.4%
  • -132 · 1.76 · 56.9%
  • -131 · 1.76 · 56.7%
  • -129 · 1.78 · 56.3%
  • -128 · 1.78 · 56.1%
  • -125 · 1.80 · 55.6%
  • -120 · 1.83 · 54.5%

Frequently asked questions

What does -130 mean in betting?

-130 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At -130 the implied probability is 56.52% and a 100 stake returns 176.92.

What is -130 in decimal odds?

-130 converts to 1.769 in decimal odds (usually shown as 1.77). Decimal odds are the total return per unit staked, so multiply your stake by 1.769 to get the return.

What is -130 as a fraction?

-130 is 10/13 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 -130?

A 100 stake at -130 wins 76.92 in profit and returns 176.92 including the stake. To win exactly 100 you would stake 130.00.

What win rate do I need at -130?

The break-even win rate equals the implied probability, 56.52%. Winning more often than that at this price is profitable over the long run; winning less often loses money.