-600 Odds Explained
- Decimal
- 1.17
- American
- -600
- Fractional
- 1/6
- Implied probability
- 85.71%
- Polymarket
- 86¢
- $100 wins
- 16.67
- American
- -600
- Fractional
- 1/6
- Implied probability
- 85.71%
- Polymarket
- 86¢
- Profit
- 16.67
- Total return
- 116.67
1.167 decimal, -600 American, 85.71% implied probability
The price -600 converts to 1.17 decimal odds and 1/6 fractional odds. Read as a probability it says the bookmaker prices this outcome at 85.71%, which is the share of the time you would need to win just to break even. A prediction market would quote the same chance as 86¢.
What -600 pays
A 100 stake at -600 returns 116.67 in total: your 100 back plus 16.67 profit. To win exactly 100 you would stake 600.00. The table covers the stakes people actually use.
| Stake | Profit | Total return |
|---|---|---|
| 10 | 1.67 | 11.67 |
| 25 | 4.17 | 29.17 |
| 50 | 8.33 | 58.33 |
| 100 | 16.67 | 116.67 |
| 500 | 83.33 | 583.33 |
| 1,000 | 166.67 | 1,166.67 |
Break-even and long-run results
The implied probability of -600 is 85.71%, and that number is also the break-even win rate: win more often than 85.71% 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% | -41.7% |
| 55% | -35.8% |
| 60% | -30.0% |
| 65% | -24.2% |
| 86% | 0.3% |
A price of -600 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 -600
If both sides of a two-way market were priced at -600, the implied probabilities would add up to 71.43% above 100%. That excess is the overround, or vig; as a share of stakes it is a 41.67% 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.
-600 on a betting exchange
Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission -600 is worth 1.163 decimal (-612 American); at 5% it drops to 1.158 (-632). Those are the bookmaker prices you would need to beat.
| Commission | Effective decimal | Effective American | Break-even |
|---|---|---|---|
| 2% | 1.163 | -612 | 85.96% |
| 5% | 1.158 | -632 | 86.33% |
Same price in other formats
Nearby prices
Nearby prices
Frequently asked questions
What does -600 mean in betting?
-600 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At -600 the implied probability is 85.71% and a 100 stake returns 116.67.
What is -600 in decimal odds?
-600 converts to 1.167 in decimal odds (usually shown as 1.17). Decimal odds are the total return per unit staked, so multiply your stake by 1.167 to get the return.
What is -600 as a fraction?
-600 is 1/6 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 -600?
A 100 stake at -600 wins 16.67 in profit and returns 116.67 including the stake. To win exactly 100 you would stake 600.00.
What win rate do I need at -600?
The break-even win rate equals the implied probability, 85.71%. Winning more often than that at this price is profitable over the long run; winning less often loses money.