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-429 Odds Explained

Decimal
1.23
American
-429
Fractional
17/73
Implied probability
81.10%
Polymarket
81¢
$100 wins
23.31
Inputs
Results
Decimal odds1.233
  • The fraction shown is the closest simple fraction to the odds rounded to 3 decimals, not an exact match.
American
-429
Fractional
17/73
Implied probability
81.10%
Polymarket
81¢
Profit
23.31
Total return
123.31

1.233 decimal, -429 American, 81.10% implied probability

American odds of -429 mean

you risk 429 to win 100

. In decimal notation that is 1.23, in fractional notation 17/73, and the implied probability is 81.10%. On a prediction market the same price is a 81¢ share.

What -429 pays

A 100 stake at -429 returns 123.31 in total: your 100 back plus 23.31 profit. To win exactly 100 you would stake 429.00. The table covers the stakes people actually use.

Payout by stake
StakeProfitTotal return
102.3312.33
255.8330.83
5011.6661.66
10023.31123.31
500116.55616.55
1,000233.101,233.10

Break-even and long-run results

The implied probability of -429 is 81.10%, and that number is also the break-even win rate: win more often than 81.10% 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%-38.3%
55%-32.2%
60%-26.0%
65%-19.8%
81%-0.1%

At 81.10% 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 81.10% of these bets just to stand still, and one loss wipes out several wins.

The vig at -429

If both sides of a two-way market were priced at -429, the implied probabilities would add up to 62.19% above 100%. That excess is the overround, or vig; as a share of stakes it is a 38.34% 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.

-429 on a betting exchange

Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission -429 is worth 1.228 decimal (-438 American); at 5% it drops to 1.221 (-452). Those are the bookmaker prices you would need to beat.

Effective odds on an exchange
CommissionEffective decimalEffective AmericanBreak-even
2%1.228-43881.40%
5%1.221-45281.87%

Same price in other formats

Same price in other formats

Nearby prices

Nearby prices

  • -439 · 1.23 · 81.4%
  • -434 · 1.23 · 81.3%
  • -431 · 1.23 · 81.2%
  • -430 · 1.23 · 81.1%
  • -428 · 1.23 · 81.1%
  • -427 · 1.23 · 81.0%
  • -424 · 1.24 · 80.9%
  • -419 · 1.24 · 80.7%

Frequently asked questions

What does -429 mean in betting?

-429 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At -429 the implied probability is 81.10% and a 100 stake returns 123.31.

What is -429 in decimal odds?

-429 converts to 1.233 in decimal odds (usually shown as 1.23). Decimal odds are the total return per unit staked, so multiply your stake by 1.233 to get the return.

What is -429 as a fraction?

-429 is 17/73 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 -429?

A 100 stake at -429 wins 23.31 in profit and returns 123.31 including the stake. To win exactly 100 you would stake 429.00.

What win rate do I need at -429?

The break-even win rate equals the implied probability, 81.10%. Winning more often than that at this price is profitable over the long run; winning less often loses money.