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-890 Odds Explained

Decimal
1.11
American
-890
Fractional
10/89
Implied probability
89.90%
Polymarket
90¢
$100 wins
11.24
Inputs
Results
Decimal odds1.112
American
-890
Fractional
10/89
Implied probability
89.90%
Polymarket
90¢
Profit
11.24
Total return
111.24

1.112 decimal, -890 American, 89.90% implied probability

American odds of -890 mean

you risk 890 to win 100

. In decimal notation that is 1.11, in fractional notation 10/89, and the implied probability is 89.90%. On a prediction market the same price is a 90¢ share.

What -890 pays

A 100 stake at -890 returns 111.24 in total: your 100 back plus 11.24 profit. To win exactly 100 you would stake 890.00. The table covers the stakes people actually use.

Payout by stake
StakeProfitTotal return
101.1211.12
252.8127.81
505.6255.62
10011.24111.24
50056.18556.18
1,000112.361,112.36

Break-even and long-run results

The implied probability of -890 is 89.90%, and that number is also the break-even win rate: win more often than 89.90% 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%-44.4%
55%-38.8%
60%-33.3%
65%-27.7%
90%0.1%

At 89.90% 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 89.90% of these bets just to stand still, and one loss wipes out several wins.

The vig at -890

If both sides of a two-way market were priced at -890, the implied probabilities would add up to 79.80% above 100%. That excess is the overround, or vig; as a share of stakes it is a 44.38% 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.

-890 on a betting exchange

Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission -890 is worth 1.110 decimal (-908 American); at 5% it drops to 1.107 (-937). Those are the bookmaker prices you would need to beat.

Effective odds on an exchange
CommissionEffective decimalEffective AmericanBreak-even
2%1.110-90890.08%
5%1.107-93790.36%

Same price in other formats

Same price in other formats

Nearby prices

Nearby prices

  • -940 · 1.11 · 90.4%
  • -915 · 1.11 · 90.1%
  • -900 · 1.11 · 90.0%
  • -895 · 1.11 · 89.9%
  • -885 · 1.11 · 89.8%
  • -880 · 1.11 · 89.8%
  • -865 · 1.12 · 89.6%
  • -840 · 1.12 · 89.4%

Frequently asked questions

What does -890 mean in betting?

-890 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At -890 the implied probability is 89.90% and a 100 stake returns 111.24.

What is -890 in decimal odds?

-890 converts to 1.112 in decimal odds (usually shown as 1.11). Decimal odds are the total return per unit staked, so multiply your stake by 1.112 to get the return.

What is -890 as a fraction?

-890 is 10/89 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 -890?

A 100 stake at -890 wins 11.24 in profit and returns 111.24 including the stake. To win exactly 100 you would stake 890.00.

What win rate do I need at -890?

The break-even win rate equals the implied probability, 89.90%. Winning more often than that at this price is profitable over the long run; winning less often loses money.