-3450 Odds Explained
- Decimal
- 1.03
- American
- -3,450
- Fractional
- 2/69
- Implied probability
- 97.18%
- Polymarket
- 97¢
- $100 wins
- 2.90
- American
- -3,450
- Fractional
- 2/69
- Implied probability
- 97.18%
- Polymarket
- 97¢
- Profit
- 2.90
- Total return
- 102.90
1.029 decimal, -3,450 American, 97.18% implied probability
The price -3450 converts to 1.03 decimal odds and 2/69 fractional odds. Read as a probability it says the bookmaker prices this outcome at 97.18%, 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 97¢.
What -3450 pays
A 100 stake at -3450 returns 102.90 in total: your 100 back plus 2.90 profit. To win exactly 100 you would stake 3,450.00. The table covers the stakes people actually use.
| Stake | Profit | Total return |
|---|---|---|
| 10 | 0.29 | 10.29 |
| 25 | 0.72 | 25.72 |
| 50 | 1.45 | 51.45 |
| 100 | 2.90 | 102.90 |
| 500 | 14.49 | 514.49 |
| 1,000 | 28.99 | 1,028.99 |
Break-even and long-run results
The implied probability of -3450 is 97.18%, and that number is also the break-even win rate: win more often than 97.18% 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.
| Win rate | Return on stake |
|---|---|
| 50% | -48.6% |
| 55% | -43.4% |
| 60% | -38.3% |
| 65% | -33.1% |
| 97% | -0.2% |
A price of -3450 is deep odds-on. Bookmakers quote it when an outcome is close to a formality, and the margin they take is proportionally large at this end of the market. Sharp bettors tend to look at the other side of such a market, or at the exchange, where the same favourite is often available a tick or two better.
The vig at -3450
If both sides of a two-way market were priced at -3450, the implied probabilities would add up to 94.37% above 100%. That excess is the overround, or vig; as a share of stakes it is a 48.55% 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.
-3450 on a betting exchange
Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission -3450 is worth 1.028 decimal (-3,520 American); at 5% it drops to 1.028 (-3,632). Those are the bookmaker prices you would need to beat.
| Commission | Effective decimal | Effective American | Break-even |
|---|---|---|---|
| 2% | 1.028 | -3,520 | 97.24% |
| 5% | 1.028 | -3,632 | 97.32% |
Same price in other formats
Nearby prices
Nearby prices
Frequently asked questions
What does -3450 mean in betting?
-3450 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At -3450 the implied probability is 97.18% and a 100 stake returns 102.90.
What is -3450 in decimal odds?
-3450 converts to 1.029 in decimal odds (usually shown as 1.03). Decimal odds are the total return per unit staked, so multiply your stake by 1.029 to get the return.
What is -3450 as a fraction?
-3450 is 2/69 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 -3450?
A 100 stake at -3450 wins 2.90 in profit and returns 102.90 including the stake. To win exactly 100 you would stake 3,450.00.
What win rate do I need at -3450?
The break-even win rate equals the implied probability, 97.18%. Winning more often than that at this price is profitable over the long run; winning less often loses money.