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-339 Odds Explained

Decimal
1.29
American
-339
Fractional
18/61
Implied probability
77.22%
Polymarket
77¢
$100 wins
29.50
Inputs
Results
Decimal odds1.295
  • The fraction shown is the closest simple fraction to the odds rounded to 3 decimals, not an exact match.
American
-339
Fractional
18/61
Implied probability
77.22%
Polymarket
77¢
Profit
29.50
Total return
129.50

1.295 decimal, -339 American, 77.22% implied probability

The price -339 converts to 1.29 decimal odds and 18/61 fractional odds. Read as a probability it says the bookmaker prices this outcome at 77.22%, 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 77¢.

What -339 pays

A 100 stake at -339 returns 129.50 in total: your 100 back plus 29.50 profit. To win exactly 100 you would stake 339.00. The table covers the stakes people actually use.

Payout by stake
StakeProfitTotal return
102.9512.95
257.3732.37
5014.7564.75
10029.50129.50
500147.49647.49
1,000294.991,294.99

Break-even and long-run results

The implied probability of -339 is 77.22%, and that number is also the break-even win rate: win more often than 77.22% 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%-35.3%
55%-28.8%
60%-22.3%
65%-15.8%
77%-0.3%

At 77.22% 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 77.22% of these bets just to stand still, and one loss wipes out several wins.

The vig at -339

If both sides of a two-way market were priced at -339, the implied probabilities would add up to 54.44% above 100%. That excess is the overround, or vig; as a share of stakes it is a 35.25% 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.

-339 on a betting exchange

Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission -339 is worth 1.289 decimal (-346 American); at 5% it drops to 1.280 (-357). Those are the bookmaker prices you would need to beat.

Effective odds on an exchange
CommissionEffective decimalEffective AmericanBreak-even
2%1.289-34677.57%
5%1.280-35778.11%

Same price in other formats

Same price in other formats

Nearby prices

Nearby prices

  • -349 · 1.29 · 77.7%
  • -344 · 1.29 · 77.5%
  • -341 · 1.29 · 77.3%
  • -340 · 1.29 · 77.3%
  • -338 · 1.30 · 77.2%
  • -337 · 1.30 · 77.1%
  • -334 · 1.30 · 77.0%
  • -329 · 1.30 · 76.7%

Frequently asked questions

What does -339 mean in betting?

-339 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At -339 the implied probability is 77.22% and a 100 stake returns 129.50.

What is -339 in decimal odds?

-339 converts to 1.295 in decimal odds (usually shown as 1.29). Decimal odds are the total return per unit staked, so multiply your stake by 1.295 to get the return.

What is -339 as a fraction?

-339 is 18/61 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 -339?

A 100 stake at -339 wins 29.50 in profit and returns 129.50 including the stake. To win exactly 100 you would stake 339.00.

What win rate do I need at -339?

The break-even win rate equals the implied probability, 77.22%. Winning more often than that at this price is profitable over the long run; winning less often loses money.