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-900 Odds Explained

Decimal
1.11
American
-900
Fractional
1/9
Implied probability
90.00%
Polymarket
90¢
$100 wins
11.11
Inputs
Results
Decimal odds1.111
American
-900
Fractional
1/9
Implied probability
90.00%
Polymarket
90¢
Profit
11.11
Total return
111.11

1.111 decimal, -900 American, 90.00% implied probability

-900 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: 1.11 decimal, 1/9 fractional, 90.00% implied probability, 90¢ on Polymarket.

What -900 pays

A 100 stake at -900 returns 111.11 in total: your 100 back plus 11.11 profit. To win exactly 100 you would stake 900.00. The table covers the stakes people actually use.

Payout by stake
StakeProfitTotal return
101.1111.11
252.7827.78
505.5655.56
10011.11111.11
50055.56555.56
1,000111.111,111.11

Break-even and long-run results

The implied probability of -900 is 90.00%, and that number is also the break-even win rate: win more often than 90.00% 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%-38.9%
60%-33.3%
65%-27.8%
90%0.0%

At 90.00% 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 90.00% of these bets just to stand still, and one loss wipes out several wins.

The vig at -900

If both sides of a two-way market were priced at -900, the implied probabilities would add up to 80.00% above 100%. That excess is the overround, or vig; as a share of stakes it is a 44.44% 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.

-900 on a betting exchange

Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission -900 is worth 1.109 decimal (-918 American); at 5% it drops to 1.106 (-947). Those are the bookmaker prices you would need to beat.

Effective odds on an exchange
CommissionEffective decimalEffective AmericanBreak-even
2%1.109-91890.18%
5%1.106-94790.45%

Same price in other formats

Same price in other formats

Nearby prices

Nearby prices

  • -950 · 1.11 · 90.5%
  • -925 · 1.11 · 90.2%
  • -910 · 1.11 · 90.1%
  • -905 · 1.11 · 90.0%
  • -895 · 1.11 · 89.9%
  • -890 · 1.11 · 89.9%
  • -875 · 1.11 · 89.7%
  • -850 · 1.12 · 89.5%

Frequently asked questions

What does -900 mean in betting?

-900 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At -900 the implied probability is 90.00% and a 100 stake returns 111.11.

What is -900 in decimal odds?

-900 converts to 1.111 in decimal odds (usually shown as 1.11). Decimal odds are the total return per unit staked, so multiply your stake by 1.111 to get the return.

What is -900 as a fraction?

-900 is 1/9 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 -900?

A 100 stake at -900 wins 11.11 in profit and returns 111.11 including the stake. To win exactly 100 you would stake 900.00.

What win rate do I need at -900?

The break-even win rate equals the implied probability, 90.00%. Winning more often than that at this price is profitable over the long run; winning less often loses money.