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-535 Odds Explained

Decimal
1.19
American
-535
Fractional
17/91
Implied probability
84.25%
Polymarket
84¢
$100 wins
18.69
Inputs
Results
Decimal odds1.187
  • The fraction shown is the closest simple fraction to the odds rounded to 3 decimals, not an exact match.
American
-535
Fractional
17/91
Implied probability
84.25%
Polymarket
84¢
Profit
18.69
Total return
118.69

1.187 decimal, -535 American, 84.25% implied probability

-535 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: 1.19 decimal, 17/91 fractional, 84.25% implied probability, 84¢ on Polymarket.

What -535 pays

A 100 stake at -535 returns 118.69 in total: your 100 back plus 18.69 profit. To win exactly 100 you would stake 535.00. The table covers the stakes people actually use.

Payout by stake
StakeProfitTotal return
101.8711.87
254.6729.67
509.3559.35
10018.69118.69
50093.46593.46
1,000186.921,186.92

Break-even and long-run results

The implied probability of -535 is 84.25%, and that number is also the break-even win rate: win more often than 84.25% 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%-40.7%
55%-34.7%
60%-28.8%
65%-22.9%
84%-0.3%

At 84.25% 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 84.25% of these bets just to stand still, and one loss wipes out several wins.

The vig at -535

If both sides of a two-way market were priced at -535, the implied probabilities would add up to 68.50% above 100%. That excess is the overround, or vig; as a share of stakes it is a 40.65% 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.

-535 on a betting exchange

Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission -535 is worth 1.183 decimal (-546 American); at 5% it drops to 1.178 (-563). Those are the bookmaker prices you would need to beat.

Effective odds on an exchange
CommissionEffective decimalEffective AmericanBreak-even
2%1.183-54684.52%
5%1.178-56384.92%

Same price in other formats

Same price in other formats

Nearby prices

Nearby prices

  • -585 · 1.17 · 85.4%
  • -560 · 1.18 · 84.8%
  • -545 · 1.18 · 84.5%
  • -540 · 1.19 · 84.4%
  • -530 · 1.19 · 84.1%
  • -525 · 1.19 · 84.0%
  • -510 · 1.20 · 83.6%
  • -497 · 1.20 · 83.2%

Frequently asked questions

What does -535 mean in betting?

-535 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At -535 the implied probability is 84.25% and a 100 stake returns 118.69.

What is -535 in decimal odds?

-535 converts to 1.187 in decimal odds (usually shown as 1.19). Decimal odds are the total return per unit staked, so multiply your stake by 1.187 to get the return.

What is -535 as a fraction?

-535 is 17/91 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 -535?

A 100 stake at -535 wins 18.69 in profit and returns 118.69 including the stake. To win exactly 100 you would stake 535.00.

What win rate do I need at -535?

The break-even win rate equals the implied probability, 84.25%. Winning more often than that at this price is profitable over the long run; winning less often loses money.