-475 Odds Explained
- Decimal
- 1.21
- American
- -475
- Fractional
- 4/19
- Implied probability
- 82.61%
- Polymarket
- 83¢
- $100 wins
- 21.05
- American
- -475
- Fractional
- 4/19
- Implied probability
- 82.61%
- Polymarket
- 83¢
- Profit
- 21.05
- Total return
- 121.05
1.211 decimal, -475 American, 82.61% implied probability
American odds of -475 mean
you risk 475 to win 100
. In decimal notation that is 1.21, in fractional notation 4/19, and the implied probability is 82.61%. On a prediction market the same price is a 83¢ share.
What -475 pays
A 100 stake at -475 returns 121.05 in total: your 100 back plus 21.05 profit. To win exactly 100 you would stake 475.00. The table covers the stakes people actually use.
| Stake | Profit | Total return |
|---|---|---|
| 10 | 2.11 | 12.11 |
| 25 | 5.26 | 30.26 |
| 50 | 10.53 | 60.53 |
| 100 | 21.05 | 121.05 |
| 500 | 105.26 | 605.26 |
| 1,000 | 210.53 | 1,210.53 |
Break-even and long-run results
The implied probability of -475 is 82.61%, and that number is also the break-even win rate: win more often than 82.61% 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.
| Win rate | Return on stake |
|---|---|
| 50% | -39.5% |
| 55% | -33.4% |
| 60% | -27.4% |
| 65% | -21.3% |
| 83% | 0.5% |
A price of -475 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 -475
If both sides of a two-way market were priced at -475, the implied probabilities would add up to 65.22% above 100%. That excess is the overround, or vig; as a share of stakes it is a 39.47% 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.
-475 on a betting exchange
Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission -475 is worth 1.206 decimal (-485 American); at 5% it drops to 1.200 (-500). Those are the bookmaker prices you would need to beat.
| Commission | Effective decimal | Effective American | Break-even |
|---|---|---|---|
| 2% | 1.206 | -485 | 82.90% |
| 5% | 1.200 | -500 | 83.33% |
Same price in other formats
Nearby prices
Nearby prices
Frequently asked questions
What does -475 mean in betting?
-475 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At -475 the implied probability is 82.61% and a 100 stake returns 121.05.
What is -475 in decimal odds?
-475 converts to 1.211 in decimal odds (usually shown as 1.21). Decimal odds are the total return per unit staked, so multiply your stake by 1.211 to get the return.
What is -475 as a fraction?
-475 is 4/19 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 -475?
A 100 stake at -475 wins 21.05 in profit and returns 121.05 including the stake. To win exactly 100 you would stake 475.00.
What win rate do I need at -475?
The break-even win rate equals the implied probability, 82.61%. Winning more often than that at this price is profitable over the long run; winning less often loses money.