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-328 Odds Explained

Decimal
1.30
American
-328
Fractional
25/82
Implied probability
76.64%
Polymarket
77¢
$100 wins
30.49
Inputs
Results
Decimal odds1.305
American
-328
Fractional
25/82
Implied probability
76.64%
Polymarket
77¢
Profit
30.49
Total return
130.49

1.305 decimal, -328 American, 76.64% implied probability

The price -328 converts to 1.30 decimal odds and 25/82 fractional odds. Read as a probability it says the bookmaker prices this outcome at 76.64%, 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 77¢.

What -328 pays

A 100 stake at -328 returns 130.49 in total: your 100 back plus 30.49 profit. To win exactly 100 you would stake 328.00. The table covers the stakes people actually use.

Payout by stake
StakeProfitTotal return
103.0513.05
257.6232.62
5015.2465.24
10030.49130.49
500152.44652.44
1,000304.881,304.88

Break-even and long-run results

The implied probability of -328 is 76.64%, and that number is also the break-even win rate: win more often than 76.64% 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%-34.8%
55%-28.2%
60%-21.7%
65%-15.2%
77%0.5%

At 76.64% this is a heavy favourite. Prices this short appear when one side is expected to win comfortably: a top seed against a qualifier, a strong home team against a relegation candidate, or a moneyline in a game with a double-digit spread. The catch is the payout. You need to win more than 76.64% of these bets just to stand still, and one loss wipes out several wins.

The vig at -328

If both sides of a two-way market were priced at -328, the implied probabilities would add up to 53.27% above 100%. That excess is the overround, or vig; as a share of stakes it is a 34.76% 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.

-328 on a betting exchange

Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission -328 is worth 1.299 decimal (-335 American); at 5% it drops to 1.290 (-345). Those are the bookmaker prices you would need to beat.

Effective odds on an exchange
CommissionEffective decimalEffective AmericanBreak-even
2%1.299-33577.00%
5%1.290-34577.54%

Same price in other formats

Same price in other formats

Nearby prices

Nearby prices

  • -338 · 1.30 · 77.2%
  • -333 · 1.30 · 76.9%
  • -330 · 1.30 · 76.7%
  • -329 · 1.30 · 76.7%
  • -327 · 1.31 · 76.6%
  • -326 · 1.31 · 76.5%
  • -323 · 1.31 · 76.4%
  • -318 · 1.31 · 76.1%

Frequently asked questions

What does -328 mean in betting?

-328 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At -328 the implied probability is 76.64% and a 100 stake returns 130.49.

What is -328 in decimal odds?

-328 converts to 1.305 in decimal odds (usually shown as 1.30). Decimal odds are the total return per unit staked, so multiply your stake by 1.305 to get the return.

What is -328 as a fraction?

-328 is 25/82 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 -328?

A 100 stake at -328 wins 30.49 in profit and returns 130.49 including the stake. To win exactly 100 you would stake 328.00.

What win rate do I need at -328?

The break-even win rate equals the implied probability, 76.64%. Winning more often than that at this price is profitable over the long run; winning less often loses money.