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-376 Odds Explained

Decimal
1.27
American
-376
Fractional
25/94
Implied probability
78.99%
Polymarket
79¢
$100 wins
26.60
Inputs
Results
Decimal odds1.266
American
-376
Fractional
25/94
Implied probability
78.99%
Polymarket
79¢
Profit
26.60
Total return
126.60

1.266 decimal, -376 American, 78.99% implied probability

-376 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: 1.27 decimal, 25/94 fractional, 78.99% implied probability, 79¢ on Polymarket.

What -376 pays

A 100 stake at -376 returns 126.60 in total: your 100 back plus 26.60 profit. To win exactly 100 you would stake 376.00. The table covers the stakes people actually use.

Payout by stake
StakeProfitTotal return
102.6612.66
256.6531.65
5013.3063.30
10026.60126.60
500132.98632.98
1,000265.961,265.96

Break-even and long-run results

The implied probability of -376 is 78.99%, and that number is also the break-even win rate: win more often than 78.99% 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%-36.7%
55%-30.4%
60%-24.0%
65%-17.7%
79%0.0%

A price of -376 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 -376

If both sides of a two-way market were priced at -376, the implied probabilities would add up to 57.98% above 100%. That excess is the overround, or vig; as a share of stakes it is a 36.70% 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.

-376 on a betting exchange

Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission -376 is worth 1.261 decimal (-384 American); at 5% it drops to 1.253 (-396). Those are the bookmaker prices you would need to beat.

Effective odds on an exchange
CommissionEffective decimalEffective AmericanBreak-even
2%1.261-38479.32%
5%1.253-39679.83%

Same price in other formats

Same price in other formats

Nearby prices

Nearby prices

  • -386 · 1.26 · 79.4%
  • -381 · 1.26 · 79.2%
  • -378 · 1.26 · 79.1%
  • -377 · 1.27 · 79.0%
  • -375 · 1.27 · 78.9%
  • -374 · 1.27 · 78.9%
  • -371 · 1.27 · 78.8%
  • -366 · 1.27 · 78.5%

Frequently asked questions

What does -376 mean in betting?

-376 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At -376 the implied probability is 78.99% and a 100 stake returns 126.60.

What is -376 in decimal odds?

-376 converts to 1.266 in decimal odds (usually shown as 1.27). Decimal odds are the total return per unit staked, so multiply your stake by 1.266 to get the return.

What is -376 as a fraction?

-376 is 25/94 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 -376?

A 100 stake at -376 wins 26.60 in profit and returns 126.60 including the stake. To win exactly 100 you would stake 376.00.

What win rate do I need at -376?

The break-even win rate equals the implied probability, 78.99%. Winning more often than that at this price is profitable over the long run; winning less often loses money.