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-282 Odds Explained

Decimal
1.35
American
-282
Fractional
28/79
Implied probability
73.82%
Polymarket
74¢
$100 wins
35.46
Inputs
Results
Decimal odds1.355
  • The fraction shown is the closest simple fraction to the odds rounded to 3 decimals, not an exact match.
American
-282
Fractional
28/79
Implied probability
73.82%
Polymarket
74¢
Profit
35.46
Total return
135.46

1.355 decimal, -282 American, 73.82% implied probability

-282 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: 1.35 decimal, 28/79 fractional, 73.82% implied probability, 74¢ on Polymarket.

What -282 pays

A 100 stake at -282 returns 135.46 in total: your 100 back plus 35.46 profit. To win exactly 100 you would stake 282.00. The table covers the stakes people actually use.

Payout by stake
StakeProfitTotal return
103.5513.55
258.8733.87
5017.7367.73
10035.46135.46
500177.30677.30
1,000354.611,354.61

Break-even and long-run results

The implied probability of -282 is 73.82%, and that number is also the break-even win rate: win more often than 73.82% 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%-32.3%
55%-25.5%
60%-18.7%
65%-12.0%
74%0.2%

-282 marks a clear favourite without being a lock: the implied chance is 73.82%, 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 -282

If both sides of a two-way market were priced at -282, the implied probabilities would add up to 47.64% above 100%. That excess is the overround, or vig; as a share of stakes it is a 32.27% 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.

-282 on a betting exchange

Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission -282 is worth 1.348 decimal (-288 American); at 5% it drops to 1.337 (-297). Those are the bookmaker prices you would need to beat.

Effective odds on an exchange
CommissionEffective decimalEffective AmericanBreak-even
2%1.348-28874.21%
5%1.337-29774.80%

Same price in other formats

Same price in other formats

Nearby prices

Nearby prices

  • -292 · 1.34 · 74.5%
  • -287 · 1.35 · 74.2%
  • -284 · 1.35 · 74.0%
  • -283 · 1.35 · 73.9%
  • -281 · 1.36 · 73.8%
  • -280 · 1.36 · 73.7%
  • -277 · 1.36 · 73.5%
  • -272 · 1.37 · 73.1%

Frequently asked questions

What does -282 mean in betting?

-282 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At -282 the implied probability is 73.82% and a 100 stake returns 135.46.

What is -282 in decimal odds?

-282 converts to 1.355 in decimal odds (usually shown as 1.35). Decimal odds are the total return per unit staked, so multiply your stake by 1.355 to get the return.

What is -282 as a fraction?

-282 is 28/79 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 -282?

A 100 stake at -282 wins 35.46 in profit and returns 135.46 including the stake. To win exactly 100 you would stake 282.00.

What win rate do I need at -282?

The break-even win rate equals the implied probability, 73.82%. Winning more often than that at this price is profitable over the long run; winning less often loses money.