+147 Odds Explained
- Decimal
- 2.47
- American
- +147
- Fractional
- 147/100
- Implied probability
- 40.49%
- Polymarket
- 40¢
- $100 wins
- 147.00
- American
- +147
- Fractional
- 147/100
- Implied probability
- 40.49%
- Polymarket
- 40¢
- Profit
- 147.00
- Total return
- 247.00
2.470 decimal, +147 American, 40.49% implied probability
+147 is an American price:
the plus sign marks an underdog, and the number is the profit on a 100 stake
. Every other format describes the same chance: 2.47 decimal, 147/100 fractional, 40.49% implied probability, 40¢ on Polymarket.
What +147 pays
A 100 stake at +147 returns 247.00 in total: your 100 back plus 147.00 profit. To win exactly 100 you would stake 68.03. The table covers the stakes people actually use.
| Stake | Profit | Total return |
|---|---|---|
| 10 | 14.70 | 24.70 |
| 25 | 36.75 | 61.75 |
| 50 | 73.50 | 123.50 |
| 100 | 147.00 | 247.00 |
| 500 | 735.00 | 1,235.00 |
| 1,000 | 1,470.00 | 2,470.00 |
Break-even and long-run results
The implied probability of +147 is 40.49%, and that number is also the break-even win rate: win more often than 40.49% 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 |
|---|---|
| 40% | -1.2% |
| 50% | 23.5% |
| 55% | 35.8% |
| 60% | 48.2% |
| 65% | 60.5% |
At 40.49% implied, +147 is a moderate underdog. A bet here wins less than half the time by the bookmaker's reckoning, but each win pays 147.00 per 100. Draws in soccer, the second favourite in a three-horse race and road teams in close games are typical residents of this range.
The vig at +147
If both sides of a two-way market were priced at +147, the implied probabilities would add up to -19.03% above 100%. That excess is the overround, or vig; as a share of stakes it is a -23.50% 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.
+147 on a betting exchange
Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission +147 is worth 2.441 decimal (+144 American); at 5% it drops to 2.396 (+140). Those are the bookmaker prices you would need to beat.
| Commission | Effective decimal | Effective American | Break-even |
|---|---|---|---|
| 2% | 2.441 | +144 | 40.97% |
| 5% | 2.396 | +140 | 41.73% |
Same price in other formats
Nearby prices
Nearby prices
Frequently asked questions
What does +147 mean in betting?
+147 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At +147 the implied probability is 40.49% and a 100 stake returns 247.00.
What is +147 in decimal odds?
+147 converts to 2.470 in decimal odds (usually shown as 2.47). Decimal odds are the total return per unit staked, so multiply your stake by 2.470 to get the return.
What is +147 as a fraction?
+147 is 147/100 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 +147?
A 100 stake at +147 wins 147.00 in profit and returns 247.00 including the stake. To win exactly 100 you would stake 68.03.
What win rate do I need at +147?
The break-even win rate equals the implied probability, 40.49%. Winning more often than that at this price is profitable over the long run; winning less often loses money.