-1300 Odds Explained
- Decimal
- 1.08
- American
- -1,300
- Fractional
- 1/13
- Implied probability
- 92.86%
- Polymarket
- 93¢
- $100 wins
- 7.69
- American
- -1,300
- Fractional
- 1/13
- Implied probability
- 92.86%
- Polymarket
- 93¢
- Profit
- 7.69
- Total return
- 107.69
1.077 decimal, -1,300 American, 92.86% implied probability
American odds of -1300 mean
you risk 1300 to win 100
. In decimal notation that is 1.08, in fractional notation 1/13, and the implied probability is 92.86%. On a prediction market the same price is a 93¢ share.
What -1300 pays
A 100 stake at -1300 returns 107.69 in total: your 100 back plus 7.69 profit. To win exactly 100 you would stake 1,300.00. The table covers the stakes people actually use.
| Stake | Profit | Total return |
|---|---|---|
| 10 | 0.77 | 10.77 |
| 25 | 1.92 | 26.92 |
| 50 | 3.85 | 53.85 |
| 100 | 7.69 | 107.69 |
| 500 | 38.46 | 538.46 |
| 1,000 | 76.92 | 1,076.92 |
Break-even and long-run results
The implied probability of -1300 is 92.86%, and that number is also the break-even win rate: win more often than 92.86% 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% | -46.2% |
| 55% | -40.8% |
| 60% | -35.4% |
| 65% | -30.0% |
| 93% | 0.2% |
A price of -1300 is deep odds-on. Bookmakers quote it when an outcome is close to a formality, and the margin they take is proportionally large at this end of the market. Sharp bettors tend to look at the other side of such a market, or at the exchange, where the same favourite is often available a tick or two better.
The vig at -1300
If both sides of a two-way market were priced at -1300, the implied probabilities would add up to 85.71% above 100%. That excess is the overround, or vig; as a share of stakes it is a 46.15% 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.
-1300 on a betting exchange
Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission -1300 is worth 1.075 decimal (-1,327 American); at 5% it drops to 1.073 (-1,368). Those are the bookmaker prices you would need to beat.
| Commission | Effective decimal | Effective American | Break-even |
|---|---|---|---|
| 2% | 1.075 | -1,327 | 92.99% |
| 5% | 1.073 | -1,368 | 93.19% |
Same price in other formats
Nearby prices
Nearby prices
Frequently asked questions
What does -1300 mean in betting?
-1300 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At -1300 the implied probability is 92.86% and a 100 stake returns 107.69.
What is -1300 in decimal odds?
-1300 converts to 1.077 in decimal odds (usually shown as 1.08). Decimal odds are the total return per unit staked, so multiply your stake by 1.077 to get the return.
What is -1300 as a fraction?
-1300 is 1/13 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 -1300?
A 100 stake at -1300 wins 7.69 in profit and returns 107.69 including the stake. To win exactly 100 you would stake 1,300.00.
What win rate do I need at -1300?
The break-even win rate equals the implied probability, 92.86%. Winning more often than that at this price is profitable over the long run; winning less often loses money.