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-284 Odds Explained

Decimal
1.35
American
-284
Fractional
25/71
Implied probability
73.96%
Polymarket
74¢
$100 wins
35.21
Inputs
Results
Decimal odds1.352
American
-284
Fractional
25/71
Implied probability
73.96%
Polymarket
74¢
Profit
35.21
Total return
135.21

1.352 decimal, -284 American, 73.96% implied probability

The price -284 converts to 1.35 decimal odds and 25/71 fractional odds. Read as a probability it says the bookmaker prices this outcome at 73.96%, 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 74¢.

What -284 pays

A 100 stake at -284 returns 135.21 in total: your 100 back plus 35.21 profit. To win exactly 100 you would stake 284.00. The table covers the stakes people actually use.

Payout by stake
StakeProfitTotal return
103.5213.52
258.8033.80
5017.6167.61
10035.21135.21
500176.06676.06
1,000352.111,352.11

Break-even and long-run results

The implied probability of -284 is 73.96%, and that number is also the break-even win rate: win more often than 73.96% 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%-32.4%
55%-25.6%
60%-18.9%
65%-12.1%
74%0.1%

-284 marks a clear favourite without being a lock: the implied chance is 73.96%, 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 -284

If both sides of a two-way market were priced at -284, the implied probabilities would add up to 47.92% above 100%. That excess is the overround, or vig; as a share of stakes it is a 32.39% 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.

-284 on a betting exchange

Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission -284 is worth 1.345 decimal (-290 American); at 5% it drops to 1.335 (-299). Those are the bookmaker prices you would need to beat.

Effective odds on an exchange
CommissionEffective decimalEffective AmericanBreak-even
2%1.345-29074.35%
5%1.335-29974.93%

Same price in other formats

Same price in other formats

Nearby prices

Nearby prices

  • -294 · 1.34 · 74.6%
  • -289 · 1.35 · 74.3%
  • -286 · 1.35 · 74.1%
  • -285 · 1.35 · 74.0%
  • -283 · 1.35 · 73.9%
  • -282 · 1.35 · 73.8%
  • -279 · 1.36 · 73.6%
  • -274 · 1.36 · 73.3%

Frequently asked questions

What does -284 mean in betting?

-284 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At -284 the implied probability is 73.96% and a 100 stake returns 135.21.

What is -284 in decimal odds?

-284 converts to 1.352 in decimal odds (usually shown as 1.35). Decimal odds are the total return per unit staked, so multiply your stake by 1.352 to get the return.

What is -284 as a fraction?

-284 is 25/71 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 -284?

A 100 stake at -284 wins 35.21 in profit and returns 135.21 including the stake. To win exactly 100 you would stake 284.00.

What win rate do I need at -284?

The break-even win rate equals the implied probability, 73.96%. Winning more often than that at this price is profitable over the long run; winning less often loses money.