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-146 Odds Explained

Decimal
1.68
American
-146
Fractional
50/73
Implied probability
59.35%
Polymarket
59¢
$100 wins
68.49
Inputs
Results
Decimal odds1.685
American
-146
Fractional
50/73
Implied probability
59.35%
Polymarket
59¢
Profit
68.49
Total return
168.49

1.685 decimal, -146 American, 59.35% implied probability

The price -146 converts to 1.68 decimal odds and 50/73 fractional odds. Read as a probability it says the bookmaker prices this outcome at 59.35%, 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 59¢.

What -146 pays

A 100 stake at -146 returns 168.49 in total: your 100 back plus 68.49 profit. To win exactly 100 you would stake 146.00. The table covers the stakes people actually use.

Payout by stake
StakeProfitTotal return
106.8516.85
2517.1242.12
5034.2584.25
10068.49168.49
500342.47842.47
1,000684.931,684.93

Break-even and long-run results

The implied probability of -146 is 59.35%, and that number is also the break-even win rate: win more often than 59.35% 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%-15.8%
55%-7.3%
59%-0.6%
60%1.1%
65%9.5%

With an implied probability of 59.35%, -146 is a moderate favourite. Prices in this band are where the bookmaker's margin is easiest to see: the opposite side of the market is usually priced a little longer than the fair line, and the two implied probabilities add up to more than 100%.

The vig at -146

If both sides of a two-way market were priced at -146, the implied probabilities would add up to 18.70% above 100%. That excess is the overround, or vig; as a share of stakes it is a 15.75% 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.

-146 on a betting exchange

Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission -146 is worth 1.671 decimal (-149 American); at 5% it drops to 1.651 (-154). Those are the bookmaker prices you would need to beat.

Effective odds on an exchange
CommissionEffective decimalEffective AmericanBreak-even
2%1.671-14959.84%
5%1.651-15460.58%

Same price in other formats

Same price in other formats

Nearby prices

Nearby prices

  • -156 · 1.64 · 60.9%
  • -151 · 1.66 · 60.2%
  • -148 · 1.68 · 59.7%
  • -147 · 1.68 · 59.5%
  • -145 · 1.69 · 59.2%
  • -144 · 1.69 · 59.0%
  • -141 · 1.71 · 58.5%
  • -136 · 1.74 · 57.6%

Frequently asked questions

What does -146 mean in betting?

-146 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At -146 the implied probability is 59.35% and a 100 stake returns 168.49.

What is -146 in decimal odds?

-146 converts to 1.685 in decimal odds (usually shown as 1.68). Decimal odds are the total return per unit staked, so multiply your stake by 1.685 to get the return.

What is -146 as a fraction?

-146 is 50/73 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 -146?

A 100 stake at -146 wins 68.49 in profit and returns 168.49 including the stake. To win exactly 100 you would stake 146.00.

What win rate do I need at -146?

The break-even win rate equals the implied probability, 59.35%. Winning more often than that at this price is profitable over the long run; winning less often loses money.