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-250 Odds Explained

Decimal
1.40
American
-250
Fractional
2/5
Implied probability
71.43%
Polymarket
71¢
$100 wins
40.00
Inputs
Results
Decimal odds1.400
American
-250
Fractional
2/5
Implied probability
71.43%
Polymarket
71¢
Profit
40.00
Total return
140.00

1.400 decimal, -250 American, 71.43% implied probability

-250 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: 1.40 decimal, 2/5 fractional, 71.43% implied probability, 71¢ on Polymarket.

What -250 pays

A 100 stake at -250 returns 140.00 in total: your 100 back plus 40.00 profit. To win exactly 100 you would stake 250.00. The table covers the stakes people actually use.

Payout by stake
StakeProfitTotal return
104.0014.00
2510.0035.00
5020.0070.00
10040.00140.00
500200.00700.00
1,000400.001,400.00

Break-even and long-run results

The implied probability of -250 is 71.43%, and that number is also the break-even win rate: win more often than 71.43% 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%-30.0%
55%-23.0%
60%-16.0%
65%-9.0%
71%-0.6%

With an implied probability of 71.43%, -250 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 -250

If both sides of a two-way market were priced at -250, the implied probabilities would add up to 42.86% above 100%. That excess is the overround, or vig; as a share of stakes it is a 30.00% 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.

-250 on a betting exchange

Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission -250 is worth 1.392 decimal (-255 American); at 5% it drops to 1.380 (-263). Those are the bookmaker prices you would need to beat.

Effective odds on an exchange
CommissionEffective decimalEffective AmericanBreak-even
2%1.392-25571.84%
5%1.380-26372.46%

Same price in other formats

Same price in other formats

Nearby prices

Nearby prices

  • -260 · 1.38 · 72.2%
  • -255 · 1.39 · 71.8%
  • -252 · 1.40 · 71.6%
  • -251 · 1.40 · 71.5%
  • -249 · 1.40 · 71.3%
  • -248 · 1.40 · 71.3%
  • -245 · 1.41 · 71.0%
  • -240 · 1.42 · 70.6%

Frequently asked questions

What does -250 mean in betting?

-250 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At -250 the implied probability is 71.43% and a 100 stake returns 140.00.

What is -250 in decimal odds?

-250 converts to 1.400 in decimal odds (usually shown as 1.40). Decimal odds are the total return per unit staked, so multiply your stake by 1.400 to get the return.

What is -250 as a fraction?

-250 is 2/5 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 -250?

A 100 stake at -250 wins 40.00 in profit and returns 140.00 including the stake. To win exactly 100 you would stake 250.00.

What win rate do I need at -250?

The break-even win rate equals the implied probability, 71.43%. Winning more often than that at this price is profitable over the long run; winning less often loses money.