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-149 Odds Explained

Decimal
1.67
American
-149
Fractional
51/76
Implied probability
59.84%
Polymarket
60¢
$100 wins
67.11
Inputs
Results
Decimal odds1.671
  • The fraction shown is the closest simple fraction to the odds rounded to 3 decimals, not an exact match.
American
-149
Fractional
51/76
Implied probability
59.84%
Polymarket
60¢
Profit
67.11
Total return
167.11

1.671 decimal, -149 American, 59.84% implied probability

The price -149 converts to 1.67 decimal odds and 51/76 fractional odds. Read as a probability it says the bookmaker prices this outcome at 59.84%, 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 60¢.

What -149 pays

A 100 stake at -149 returns 167.11 in total: your 100 back plus 67.11 profit. To win exactly 100 you would stake 149.00. The table covers the stakes people actually use.

Payout by stake
StakeProfitTotal return
106.7116.71
2516.7841.78
5033.5683.56
10067.11167.11
500335.57835.57
1,000671.141,671.14

Break-even and long-run results

The implied probability of -149 is 59.84%, and that number is also the break-even win rate: win more often than 59.84% 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%-16.4%
55%-8.1%
60%0.3%
65%8.6%

-149 marks a clear favourite without being a lock: the implied chance is 59.84%, 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 -149

If both sides of a two-way market were priced at -149, the implied probabilities would add up to 19.68% above 100%. That excess is the overround, or vig; as a share of stakes it is a 16.44% 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.

-149 on a betting exchange

Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission -149 is worth 1.658 decimal (-152 American); at 5% it drops to 1.638 (-157). Those are the bookmaker prices you would need to beat.

Effective odds on an exchange
CommissionEffective decimalEffective AmericanBreak-even
2%1.658-15260.32%
5%1.638-15761.07%

Same price in other formats

Same price in other formats

Nearby prices

Nearby prices

  • -159 · 1.63 · 61.4%
  • -154 · 1.65 · 60.6%
  • -151 · 1.66 · 60.2%
  • -150 · 1.67 · 60.0%
  • -148 · 1.68 · 59.7%
  • -147 · 1.68 · 59.5%
  • -144 · 1.69 · 59.0%
  • -139 · 1.72 · 58.2%

Frequently asked questions

What does -149 mean in betting?

-149 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At -149 the implied probability is 59.84% and a 100 stake returns 167.11.

What is -149 in decimal odds?

-149 converts to 1.671 in decimal odds (usually shown as 1.67). Decimal odds are the total return per unit staked, so multiply your stake by 1.671 to get the return.

What is -149 as a fraction?

-149 is 51/76 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 -149?

A 100 stake at -149 wins 67.11 in profit and returns 167.11 including the stake. To win exactly 100 you would stake 149.00.

What win rate do I need at -149?

The break-even win rate equals the implied probability, 59.84%. Winning more often than that at this price is profitable over the long run; winning less often loses money.