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-136 Odds Explained

Decimal
1.74
American
-136
Fractional
25/34
Implied probability
57.63%
Polymarket
58¢
$100 wins
73.53
Inputs
Results
Decimal odds1.735
American
-136
Fractional
25/34
Implied probability
57.63%
Polymarket
58¢
Profit
73.53
Total return
173.53

1.735 decimal, -136 American, 57.63% implied probability

American odds of -136 mean

you risk 136 to win 100

. In decimal notation that is 1.74, in fractional notation 25/34, and the implied probability is 57.63%. On a prediction market the same price is a 58¢ share.

What -136 pays

A 100 stake at -136 returns 173.53 in total: your 100 back plus 73.53 profit. To win exactly 100 you would stake 136.00. The table covers the stakes people actually use.

Payout by stake
StakeProfitTotal return
107.3517.35
2518.3843.38
5036.7686.76
10073.53173.53
500367.65867.65
1,000735.291,735.29

Break-even and long-run results

The implied probability of -136 is 57.63%, and that number is also the break-even win rate: win more often than 57.63% 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%-13.2%
55%-4.6%
58%0.6%
60%4.1%
65%12.8%

-136 marks a clear favourite without being a lock: the implied chance is 57.63%, 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 -136

If both sides of a two-way market were priced at -136, the implied probabilities would add up to 15.25% above 100%. That excess is the overround, or vig; as a share of stakes it is a 13.24% 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.

-136 on a betting exchange

Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission -136 is worth 1.721 decimal (-139 American); at 5% it drops to 1.699 (-143). Those are the bookmaker prices you would need to beat.

Effective odds on an exchange
CommissionEffective decimalEffective AmericanBreak-even
2%1.721-13958.12%
5%1.699-14358.87%

Same price in other formats

Same price in other formats

Nearby prices

Nearby prices

  • -146 · 1.68 · 59.3%
  • -141 · 1.71 · 58.5%
  • -138 · 1.72 · 58.0%
  • -137 · 1.73 · 57.8%
  • -135 · 1.74 · 57.4%
  • -134 · 1.75 · 57.3%
  • -131 · 1.76 · 56.7%
  • -126 · 1.79 · 55.8%

Frequently asked questions

What does -136 mean in betting?

-136 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At -136 the implied probability is 57.63% and a 100 stake returns 173.53.

What is -136 in decimal odds?

-136 converts to 1.735 in decimal odds (usually shown as 1.74). Decimal odds are the total return per unit staked, so multiply your stake by 1.735 to get the return.

What is -136 as a fraction?

-136 is 25/34 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 -136?

A 100 stake at -136 wins 73.53 in profit and returns 173.53 including the stake. To win exactly 100 you would stake 136.00.

What win rate do I need at -136?

The break-even win rate equals the implied probability, 57.63%. Winning more often than that at this price is profitable over the long run; winning less often loses money.