-184 Odds Explained
- Decimal
- 1.54
- American
- -184
- Fractional
- 25/46
- Implied probability
- 64.79%
- Polymarket
- 65¢
- $100 wins
- 54.35
- American
- -184
- Fractional
- 25/46
- Implied probability
- 64.79%
- Polymarket
- 65¢
- Profit
- 54.35
- Total return
- 154.35
1.543 decimal, -184 American, 64.79% implied probability
American odds of -184 mean
you risk 184 to win 100
. In decimal notation that is 1.54, in fractional notation 25/46, and the implied probability is 64.79%. On a prediction market the same price is a 65¢ share.
What -184 pays
A 100 stake at -184 returns 154.35 in total: your 100 back plus 54.35 profit. To win exactly 100 you would stake 184.00. The table covers the stakes people actually use.
| Stake | Profit | Total return |
|---|---|---|
| 10 | 5.43 | 15.43 |
| 25 | 13.59 | 38.59 |
| 50 | 27.17 | 77.17 |
| 100 | 54.35 | 154.35 |
| 500 | 271.74 | 771.74 |
| 1,000 | 543.48 | 1,543.48 |
Break-even and long-run results
The implied probability of -184 is 64.79%, and that number is also the break-even win rate: win more often than 64.79% 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% | -22.8% |
| 55% | -15.1% |
| 60% | -7.4% |
| 65% | 0.3% |
With an implied probability of 64.79%, -184 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 -184
If both sides of a two-way market were priced at -184, the implied probabilities would add up to 29.58% above 100%. That excess is the overround, or vig; as a share of stakes it is a 22.83% 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.
-184 on a betting exchange
Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission -184 is worth 1.533 decimal (-188 American); at 5% it drops to 1.516 (-194). Those are the bookmaker prices you would need to beat.
| Commission | Effective decimal | Effective American | Break-even |
|---|---|---|---|
| 2% | 1.533 | -188 | 65.25% |
| 5% | 1.516 | -194 | 65.95% |
Same price in other formats
Nearby prices
Nearby prices
Frequently asked questions
What does -184 mean in betting?
-184 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At -184 the implied probability is 64.79% and a 100 stake returns 154.35.
What is -184 in decimal odds?
-184 converts to 1.543 in decimal odds (usually shown as 1.54). Decimal odds are the total return per unit staked, so multiply your stake by 1.543 to get the return.
What is -184 as a fraction?
-184 is 25/46 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 -184?
A 100 stake at -184 wins 54.35 in profit and returns 154.35 including the stake. To win exactly 100 you would stake 184.00.
What win rate do I need at -184?
The break-even win rate equals the implied probability, 64.79%. Winning more often than that at this price is profitable over the long run; winning less often loses money.