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-466 Odds Explained

Decimal
1.21
American
-466
Fractional
3/14
Implied probability
82.33%
Polymarket
82¢
$100 wins
21.46
Inputs
Results
Decimal odds1.215
  • The fraction shown is the closest simple fraction to the odds rounded to 3 decimals, not an exact match.
American
-466
Fractional
3/14
Implied probability
82.33%
Polymarket
82¢
Profit
21.46
Total return
121.46

1.215 decimal, -466 American, 82.33% implied probability

American odds of -466 mean

you risk 466 to win 100

. In decimal notation that is 1.21, in fractional notation 3/14, and the implied probability is 82.33%. On a prediction market the same price is a 82¢ share.

What -466 pays

A 100 stake at -466 returns 121.46 in total: your 100 back plus 21.46 profit. To win exactly 100 you would stake 466.00. The table covers the stakes people actually use.

Payout by stake
StakeProfitTotal return
102.1512.15
255.3630.36
5010.7360.73
10021.46121.46
500107.30607.30
1,000214.591,214.59

Break-even and long-run results

The implied probability of -466 is 82.33%, and that number is also the break-even win rate: win more often than 82.33% 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%-39.3%
55%-33.2%
60%-27.1%
65%-21.1%
82%-0.4%

A price of -466 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 -466

If both sides of a two-way market were priced at -466, the implied probabilities would add up to 64.66% above 100%. That excess is the overround, or vig; as a share of stakes it is a 39.27% 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.

-466 on a betting exchange

Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission -466 is worth 1.210 decimal (-476 American); at 5% it drops to 1.204 (-491). Those are the bookmaker prices you would need to beat.

Effective odds on an exchange
CommissionEffective decimalEffective AmericanBreak-even
2%1.210-47682.62%
5%1.204-49183.07%

Same price in other formats

Same price in other formats

Nearby prices

Nearby prices

  • -476 · 1.21 · 82.6%
  • -471 · 1.21 · 82.5%
  • -468 · 1.21 · 82.4%
  • -467 · 1.21 · 82.4%
  • -465 · 1.22 · 82.3%
  • -464 · 1.22 · 82.3%
  • -461 · 1.22 · 82.2%
  • -456 · 1.22 · 82.0%

Frequently asked questions

What does -466 mean in betting?

-466 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At -466 the implied probability is 82.33% and a 100 stake returns 121.46.

What is -466 in decimal odds?

-466 converts to 1.215 in decimal odds (usually shown as 1.21). Decimal odds are the total return per unit staked, so multiply your stake by 1.215 to get the return.

What is -466 as a fraction?

-466 is 3/14 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 -466?

A 100 stake at -466 wins 21.46 in profit and returns 121.46 including the stake. To win exactly 100 you would stake 466.00.

What win rate do I need at -466?

The break-even win rate equals the implied probability, 82.33%. Winning more often than that at this price is profitable over the long run; winning less often loses money.