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-360 Odds Explained

Decimal
1.28
American
-360
Fractional
5/18
Implied probability
78.26%
Polymarket
78¢
$100 wins
27.78
Inputs
Results
Decimal odds1.278
American
-360
Fractional
5/18
Implied probability
78.26%
Polymarket
78¢
Profit
27.78
Total return
127.78

1.278 decimal, -360 American, 78.26% implied probability

-360 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: 1.28 decimal, 5/18 fractional, 78.26% implied probability, 78¢ on Polymarket.

What -360 pays

A 100 stake at -360 returns 127.78 in total: your 100 back plus 27.78 profit. To win exactly 100 you would stake 360.00. The table covers the stakes people actually use.

Payout by stake
StakeProfitTotal return
102.7812.78
256.9431.94
5013.8963.89
10027.78127.78
500138.89638.89
1,000277.781,277.78

Break-even and long-run results

The implied probability of -360 is 78.26%, and that number is also the break-even win rate: win more often than 78.26% 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%-36.1%
55%-29.7%
60%-23.3%
65%-16.9%
78%-0.3%

At 78.26% 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 78.26% of these bets just to stand still, and one loss wipes out several wins.

The vig at -360

If both sides of a two-way market were priced at -360, the implied probabilities would add up to 56.52% above 100%. That excess is the overround, or vig; as a share of stakes it is a 36.11% 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.

-360 on a betting exchange

Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission -360 is worth 1.272 decimal (-367 American); at 5% it drops to 1.264 (-379). Those are the bookmaker prices you would need to beat.

Effective odds on an exchange
CommissionEffective decimalEffective AmericanBreak-even
2%1.272-36778.60%
5%1.264-37979.12%

Same price in other formats

Same price in other formats

Nearby prices

Nearby prices

  • -370 · 1.27 · 78.7%
  • -365 · 1.27 · 78.5%
  • -362 · 1.28 · 78.4%
  • -361 · 1.28 · 78.3%
  • -359 · 1.28 · 78.2%
  • -358 · 1.28 · 78.2%
  • -355 · 1.28 · 78.0%
  • -350 · 1.29 · 77.8%

Frequently asked questions

What does -360 mean in betting?

-360 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At -360 the implied probability is 78.26% and a 100 stake returns 127.78.

What is -360 in decimal odds?

-360 converts to 1.278 in decimal odds (usually shown as 1.28). Decimal odds are the total return per unit staked, so multiply your stake by 1.278 to get the return.

What is -360 as a fraction?

-360 is 5/18 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 -360?

A 100 stake at -360 wins 27.78 in profit and returns 127.78 including the stake. To win exactly 100 you would stake 360.00.

What win rate do I need at -360?

The break-even win rate equals the implied probability, 78.26%. Winning more often than that at this price is profitable over the long run; winning less often loses money.