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-5000 Odds Explained

Decimal
1.02
American
-5,000
Fractional
1/50
Implied probability
98.04%
Polymarket
98¢
$100 wins
2.00
Inputs
Results
Decimal odds1.020
American
-5,000
Fractional
1/50
Implied probability
98.04%
Polymarket
98¢
Profit
2.00
Total return
102.00

1.020 decimal, -5,000 American, 98.04% implied probability

-5000 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: 1.02 decimal, 1/50 fractional, 98.04% implied probability, 98¢ on Polymarket.

What -5000 pays

A 100 stake at -5000 returns 102.00 in total: your 100 back plus 2.00 profit. To win exactly 100 you would stake 5,000.00. The table covers the stakes people actually use.

Payout by stake
StakeProfitTotal return
100.2010.20
250.5025.50
501.0051.00
1002.00102.00
50010.00510.00
1,00020.001,020.00

Break-even and long-run results

The implied probability of -5000 is 98.04%, and that number is also the break-even win rate: win more often than 98.04% 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%-49.0%
55%-43.9%
60%-38.8%
65%-33.7%
98%-0.0%

At 98.04% 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 98.04% of these bets just to stand still, and one loss wipes out several wins.

The vig at -5000

If both sides of a two-way market were priced at -5000, the implied probabilities would add up to 96.08% above 100%. That excess is the overround, or vig; as a share of stakes it is a 49.00% 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.

-5000 on a betting exchange

Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission -5000 is worth 1.020 decimal (-5,102 American); at 5% it drops to 1.019 (-5,263). Those are the bookmaker prices you would need to beat.

Effective odds on an exchange
CommissionEffective decimalEffective AmericanBreak-even
2%1.020-5,10298.08%
5%1.019-5,26398.14%

Same price in other formats

Same price in other formats

Nearby prices

Nearby prices

Frequently asked questions

What does -5000 mean in betting?

-5000 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At -5000 the implied probability is 98.04% and a 100 stake returns 102.00.

What is -5000 in decimal odds?

-5000 converts to 1.020 in decimal odds (usually shown as 1.02). Decimal odds are the total return per unit staked, so multiply your stake by 1.020 to get the return.

What is -5000 as a fraction?

-5000 is 1/50 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 -5000?

A 100 stake at -5000 wins 2.00 in profit and returns 102.00 including the stake. To win exactly 100 you would stake 5,000.00.

What win rate do I need at -5000?

The break-even win rate equals the implied probability, 98.04%. Winning more often than that at this price is profitable over the long run; winning less often loses money.