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-615 Odds Explained

Decimal
1.16
American
-615
Fractional
13/80
Implied probability
86.01%
Polymarket
86¢
$100 wins
16.26
Inputs
Results
Decimal odds1.163
  • The fraction shown is the closest simple fraction to the odds rounded to 3 decimals, not an exact match.
American
-615
Fractional
13/80
Implied probability
86.01%
Polymarket
86¢
Profit
16.26
Total return
116.26

1.163 decimal, -615 American, 86.01% implied probability

The price -615 converts to 1.16 decimal odds and 13/80 fractional odds. Read as a probability it says the bookmaker prices this outcome at 86.01%, 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 -615 pays

A 100 stake at -615 returns 116.26 in total: your 100 back plus 16.26 profit. To win exactly 100 you would stake 615.00. The table covers the stakes people actually use.

Payout by stake
StakeProfitTotal return
101.6311.63
254.0729.07
508.1358.13
10016.26116.26
50081.30581.30
1,000162.601,162.60

Break-even and long-run results

The implied probability of -615 is 86.01%, and that number is also the break-even win rate: win more often than 86.01% 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%-41.9%
55%-36.1%
60%-30.2%
65%-24.4%
86%-0.0%

A price of -615 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 -615

If both sides of a two-way market were priced at -615, the implied probabilities would add up to 72.03% above 100%. That excess is the overround, or vig; as a share of stakes it is a 41.87% 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.

-615 on a betting exchange

Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission -615 is worth 1.159 decimal (-628 American); at 5% it drops to 1.154 (-647). Those are the bookmaker prices you would need to beat.

Effective odds on an exchange
CommissionEffective decimalEffective AmericanBreak-even
2%1.159-62886.26%
5%1.154-64786.62%

Same price in other formats

Same price in other formats

Nearby prices

Nearby prices

  • -665 · 1.15 · 86.9%
  • -640 · 1.16 · 86.5%
  • -625 · 1.16 · 86.2%
  • -620 · 1.16 · 86.1%
  • -610 · 1.16 · 85.9%
  • -605 · 1.17 · 85.8%
  • -590 · 1.17 · 85.5%
  • -565 · 1.18 · 85.0%

Frequently asked questions

What does -615 mean in betting?

-615 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At -615 the implied probability is 86.01% and a 100 stake returns 116.26.

What is -615 in decimal odds?

-615 converts to 1.163 in decimal odds (usually shown as 1.16). Decimal odds are the total return per unit staked, so multiply your stake by 1.163 to get the return.

What is -615 as a fraction?

-615 is 13/80 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 -615?

A 100 stake at -615 wins 16.26 in profit and returns 116.26 including the stake. To win exactly 100 you would stake 615.00.

What win rate do I need at -615?

The break-even win rate equals the implied probability, 86.01%. Winning more often than that at this price is profitable over the long run; winning less often loses money.