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-260 Odds Explained

Decimal
1.38
American
-260
Fractional
5/13
Implied probability
72.22%
Polymarket
72¢
$100 wins
38.46
Inputs
Results
Decimal odds1.385
American
-260
Fractional
5/13
Implied probability
72.22%
Polymarket
72¢
Profit
38.46
Total return
138.46

1.385 decimal, -260 American, 72.22% implied probability

The price -260 converts to 1.38 decimal odds and 5/13 fractional odds. Read as a probability it says the bookmaker prices this outcome at 72.22%, 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 72¢.

What -260 pays

A 100 stake at -260 returns 138.46 in total: your 100 back plus 38.46 profit. To win exactly 100 you would stake 260.00. The table covers the stakes people actually use.

Payout by stake
StakeProfitTotal return
103.8513.85
259.6234.62
5019.2369.23
10038.46138.46
500192.31692.31
1,000384.621,384.62

Break-even and long-run results

The implied probability of -260 is 72.22%, and that number is also the break-even win rate: win more often than 72.22% 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%-30.8%
55%-23.8%
60%-16.9%
65%-10.0%
72%-0.3%

-260 marks a clear favourite without being a lock: the implied chance is 72.22%, 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 -260

If both sides of a two-way market were priced at -260, the implied probabilities would add up to 44.44% above 100%. That excess is the overround, or vig; as a share of stakes it is a 30.77% 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.

-260 on a betting exchange

Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission -260 is worth 1.377 decimal (-265 American); at 5% it drops to 1.365 (-274). Those are the bookmaker prices you would need to beat.

Effective odds on an exchange
CommissionEffective decimalEffective AmericanBreak-even
2%1.377-26572.63%
5%1.365-27473.24%

Same price in other formats

Same price in other formats

Nearby prices

Nearby prices

  • -270 · 1.37 · 73.0%
  • -265 · 1.38 · 72.6%
  • -262 · 1.38 · 72.4%
  • -261 · 1.38 · 72.3%
  • -259 · 1.39 · 72.1%
  • -258 · 1.39 · 72.1%
  • -255 · 1.39 · 71.8%
  • -250 · 1.40 · 71.4%

Frequently asked questions

What does -260 mean in betting?

-260 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At -260 the implied probability is 72.22% and a 100 stake returns 138.46.

What is -260 in decimal odds?

-260 converts to 1.385 in decimal odds (usually shown as 1.38). Decimal odds are the total return per unit staked, so multiply your stake by 1.385 to get the return.

What is -260 as a fraction?

-260 is 5/13 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 -260?

A 100 stake at -260 wins 38.46 in profit and returns 138.46 including the stake. To win exactly 100 you would stake 260.00.

What win rate do I need at -260?

The break-even win rate equals the implied probability, 72.22%. Winning more often than that at this price is profitable over the long run; winning less often loses money.