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-386 Odds Explained

Decimal
1.26
American
-386
Fractional
7/27
Implied probability
79.42%
Polymarket
79¢
$100 wins
25.91
Inputs
Results
Decimal odds1.259
  • The fraction shown is the closest simple fraction to the odds rounded to 3 decimals, not an exact match.
American
-386
Fractional
7/27
Implied probability
79.42%
Polymarket
79¢
Profit
25.91
Total return
125.91

1.259 decimal, -386 American, 79.42% implied probability

American odds of -386 mean

you risk 386 to win 100

. In decimal notation that is 1.26, in fractional notation 7/27, and the implied probability is 79.42%. On a prediction market the same price is a 79¢ share.

What -386 pays

A 100 stake at -386 returns 125.91 in total: your 100 back plus 25.91 profit. To win exactly 100 you would stake 386.00. The table covers the stakes people actually use.

Payout by stake
StakeProfitTotal return
102.5912.59
256.4831.48
5012.9562.95
10025.91125.91
500129.53629.53
1,000259.071,259.07

Break-even and long-run results

The implied probability of -386 is 79.42%, and that number is also the break-even win rate: win more often than 79.42% 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%-37.0%
55%-30.8%
60%-24.5%
65%-18.2%
79%-0.5%

At 79.42% 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 79.42% of these bets just to stand still, and one loss wipes out several wins.

The vig at -386

If both sides of a two-way market were priced at -386, the implied probabilities would add up to 58.85% above 100%. That excess is the overround, or vig; as a share of stakes it is a 37.05% 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.

-386 on a betting exchange

Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission -386 is worth 1.254 decimal (-394 American); at 5% it drops to 1.246 (-406). Those are the bookmaker prices you would need to beat.

Effective odds on an exchange
CommissionEffective decimalEffective AmericanBreak-even
2%1.254-39479.75%
5%1.246-40680.25%

Same price in other formats

Same price in other formats

Nearby prices

Nearby prices

  • -396 · 1.25 · 79.8%
  • -391 · 1.26 · 79.6%
  • -388 · 1.26 · 79.5%
  • -387 · 1.26 · 79.5%
  • -385 · 1.26 · 79.4%
  • -384 · 1.26 · 79.3%
  • -381 · 1.26 · 79.2%
  • -376 · 1.27 · 79.0%

Frequently asked questions

What does -386 mean in betting?

-386 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At -386 the implied probability is 79.42% and a 100 stake returns 125.91.

What is -386 in decimal odds?

-386 converts to 1.259 in decimal odds (usually shown as 1.26). Decimal odds are the total return per unit staked, so multiply your stake by 1.259 to get the return.

What is -386 as a fraction?

-386 is 7/27 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 -386?

A 100 stake at -386 wins 25.91 in profit and returns 125.91 including the stake. To win exactly 100 you would stake 386.00.

What win rate do I need at -386?

The break-even win rate equals the implied probability, 79.42%. Winning more often than that at this price is profitable over the long run; winning less often loses money.