+1550 Odds Explained
- Decimal
- 16.50
- American
- +1,550
- Fractional
- 31/2
- Implied probability
- 6.06%
- Polymarket
- 6¢
- $100 wins
- 1,550.00
- American
- +1,550
- Fractional
- 31/2
- Implied probability
- 6.06%
- Polymarket
- 6¢
- Profit
- 1,550.00
- Total return
- 1,650.00
16.500 decimal, +1,550 American, 6.06% implied probability
American odds of +1550 mean
a 100 stake wins 1550
. In decimal notation that is 16.50, in fractional notation 31/2, and the implied probability is 6.06%. On a prediction market the same price is a 6¢ share.
What +1550 pays
A 100 stake at +1550 returns 1,650.00 in total: your 100 back plus 1,550.00 profit. To win exactly 100 you would stake 6.45. The table covers the stakes people actually use.
| Stake | Profit | Total return |
|---|---|---|
| 10 | 155.00 | 165.00 |
| 25 | 387.50 | 412.50 |
| 50 | 775.00 | 825.00 |
| 100 | 1,550.00 | 1,650.00 |
| 500 | 7,750.00 | 8,250.00 |
| 1,000 | 15,500.00 | 16,500.00 |
Break-even and long-run results
The implied probability of +1550 is 6.06%, and that number is also the break-even win rate: win more often than 6.06% 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 |
|---|---|
| 6% | -1.0% |
| 50% | 725.0% |
| 55% | 807.5% |
| 60% | 890.0% |
| 65% | 972.5% |
+1550 is a longshot. The bookmaker prices the outcome at 6.06%, and the payout of 1,550.00 per 100 staked is the compensation for how rarely it lands. Longshots carry more margin than any other part of the market, which is why devigging methods disagree most at prices like this one.
The vig at +1550
If both sides of a two-way market were priced at +1550, the implied probabilities would add up to -87.88% above 100%. That excess is the overround, or vig; as a share of stakes it is a -725.00% 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.
+1550 on a betting exchange
Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission +1550 is worth 16.190 decimal (+1,519 American); at 5% it drops to 15.725 (+1,473). Those are the bookmaker prices you would need to beat.
| Commission | Effective decimal | Effective American | Break-even |
|---|---|---|---|
| 2% | 16.190 | +1,519 | 6.18% |
| 5% | 15.725 | +1,473 | 6.36% |
Same price in other formats
Same price in other formats
Nearby prices
Nearby prices
Frequently asked questions
What does +1550 mean in betting?
+1550 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At +1550 the implied probability is 6.06% and a 100 stake returns 1,650.00.
What is +1550 in decimal odds?
+1550 converts to 16.500 in decimal odds (usually shown as 16.50). Decimal odds are the total return per unit staked, so multiply your stake by 16.500 to get the return.
What is +1550 as a fraction?
+1550 is 31/2 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 +1550?
A 100 stake at +1550 wins 1,550.00 in profit and returns 1,650.00 including the stake. To win exactly 100 you would stake 6.45.
What win rate do I need at +1550?
The break-even win rate equals the implied probability, 6.06%. Winning more often than that at this price is profitable over the long run; winning less often loses money.