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-267 Odds Explained

Decimal
1.37
American
-267
Fractional
3/8
Implied probability
72.75%
Polymarket
73¢
$100 wins
37.45
Inputs
Results
Decimal odds1.375
  • The fraction shown is the closest simple fraction to the odds rounded to 3 decimals, not an exact match.
American
-267
Fractional
3/8
Implied probability
72.75%
Polymarket
73¢
Profit
37.45
Total return
137.45

1.375 decimal, -267 American, 72.75% implied probability

American odds of -267 mean

you risk 267 to win 100

. In decimal notation that is 1.37, in fractional notation 3/8, and the implied probability is 72.75%. On a prediction market the same price is a 73¢ share.

What -267 pays

A 100 stake at -267 returns 137.45 in total: your 100 back plus 37.45 profit. To win exactly 100 you would stake 267.00. The table covers the stakes people actually use.

Payout by stake
StakeProfitTotal return
103.7513.75
259.3634.36
5018.7368.73
10037.45137.45
500187.27687.27
1,000374.531,374.53

Break-even and long-run results

The implied probability of -267 is 72.75%, and that number is also the break-even win rate: win more often than 72.75% 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%-31.3%
55%-24.4%
60%-17.5%
65%-10.7%
73%0.3%

With an implied probability of 72.75%, -267 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 -267

If both sides of a two-way market were priced at -267, the implied probabilities would add up to 45.50% above 100%. That excess is the overround, or vig; as a share of stakes it is a 31.27% 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.

-267 on a betting exchange

Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission -267 is worth 1.367 decimal (-272 American); at 5% it drops to 1.356 (-281). Those are the bookmaker prices you would need to beat.

Effective odds on an exchange
CommissionEffective decimalEffective AmericanBreak-even
2%1.367-27273.15%
5%1.356-28173.76%

Same price in other formats

Same price in other formats

Nearby prices

Nearby prices

  • -277 · 1.36 · 73.5%
  • -272 · 1.37 · 73.1%
  • -269 · 1.37 · 72.9%
  • -268 · 1.37 · 72.8%
  • -266 · 1.38 · 72.7%
  • -265 · 1.38 · 72.6%
  • -262 · 1.38 · 72.4%
  • -257 · 1.39 · 72.0%

Frequently asked questions

What does -267 mean in betting?

-267 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At -267 the implied probability is 72.75% and a 100 stake returns 137.45.

What is -267 in decimal odds?

-267 converts to 1.375 in decimal odds (usually shown as 1.37). Decimal odds are the total return per unit staked, so multiply your stake by 1.375 to get the return.

What is -267 as a fraction?

-267 is 3/8 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 -267?

A 100 stake at -267 wins 37.45 in profit and returns 137.45 including the stake. To win exactly 100 you would stake 267.00.

What win rate do I need at -267?

The break-even win rate equals the implied probability, 72.75%. Winning more often than that at this price is profitable over the long run; winning less often loses money.