-235 Odds Explained
- Decimal
- 1.43
- American
- -235
- Fractional
- 20/47
- Implied probability
- 70.15%
- Polymarket
- 70¢
- $100 wins
- 42.55
- American
- -235
- Fractional
- 20/47
- Implied probability
- 70.15%
- Polymarket
- 70¢
- Profit
- 42.55
- Total return
- 142.55
1.426 decimal, -235 American, 70.15% implied probability
-235 is an American price:
the minus sign marks a favourite, and the number is the stake needed to win 100
. Every other format describes the same chance: 1.43 decimal, 20/47 fractional, 70.15% implied probability, 70¢ on Polymarket.
What -235 pays
A 100 stake at -235 returns 142.55 in total: your 100 back plus 42.55 profit. To win exactly 100 you would stake 235.00. The table covers the stakes people actually use.
| Stake | Profit | Total return |
|---|---|---|
| 10 | 4.26 | 14.26 |
| 25 | 10.64 | 35.64 |
| 50 | 21.28 | 71.28 |
| 100 | 42.55 | 142.55 |
| 500 | 212.77 | 712.77 |
| 1,000 | 425.53 | 1,425.53 |
Break-even and long-run results
The implied probability of -235 is 70.15%, and that number is also the break-even win rate: win more often than 70.15% 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% | -28.7% |
| 55% | -21.6% |
| 60% | -14.5% |
| 65% | -7.3% |
| 70% | -0.2% |
-235 marks a clear favourite without being a lock: the implied chance is 70.15%, 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 -235
If both sides of a two-way market were priced at -235, the implied probabilities would add up to 40.30% above 100%. That excess is the overround, or vig; as a share of stakes it is a 28.72% 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.
-235 on a betting exchange
Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission -235 is worth 1.417 decimal (-240 American); at 5% it drops to 1.404 (-247). Those are the bookmaker prices you would need to beat.
| Commission | Effective decimal | Effective American | Break-even |
|---|---|---|---|
| 2% | 1.417 | -240 | 70.57% |
| 5% | 1.404 | -247 | 71.21% |
Same price in other formats
Nearby prices
Nearby prices
Frequently asked questions
What does -235 mean in betting?
-235 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At -235 the implied probability is 70.15% and a 100 stake returns 142.55.
What is -235 in decimal odds?
-235 converts to 1.426 in decimal odds (usually shown as 1.43). Decimal odds are the total return per unit staked, so multiply your stake by 1.426 to get the return.
What is -235 as a fraction?
-235 is 20/47 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 -235?
A 100 stake at -235 wins 42.55 in profit and returns 142.55 including the stake. To win exactly 100 you would stake 235.00.
What win rate do I need at -235?
The break-even win rate equals the implied probability, 70.15%. Winning more often than that at this price is profitable over the long run; winning less often loses money.