Skip to content

+178 Odds Explained

Decimal
2.78
American
+178
Fractional
89/50
Implied probability
35.97%
Polymarket
36¢
$100 wins
178.00
Inputs
Results
Decimal odds2.780
American
+178
Fractional
89/50
Implied probability
35.97%
Polymarket
36¢
Profit
178.00
Total return
278.00

2.780 decimal, +178 American, 35.97% implied probability

The price +178 converts to 2.78 decimal odds and 89/50 fractional odds. Read as a probability it says the bookmaker prices this outcome at 35.97%, 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 36¢.

What +178 pays

A 100 stake at +178 returns 278.00 in total: your 100 back plus 178.00 profit. To win exactly 100 you would stake 56.18. The table covers the stakes people actually use.

Payout by stake
StakeProfitTotal return
1017.8027.80
2544.5069.50
5089.00139.00
100178.00278.00
500890.001,390.00
1,0001,780.002,780.00

Break-even and long-run results

The implied probability of +178 is 35.97%, and that number is also the break-even win rate: win more often than 35.97% 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
36%0.1%
50%39.0%
55%52.9%
60%66.8%
65%80.7%

At 35.97% implied, +178 is a moderate underdog. A bet here wins less than half the time by the bookmaker's reckoning, but each win pays 178.00 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 +178

If both sides of a two-way market were priced at +178, the implied probabilities would add up to -28.06% above 100%. That excess is the overround, or vig; as a share of stakes it is a -39.00% 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.

+178 on a betting exchange

Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission +178 is worth 2.744 decimal (+174 American); at 5% it drops to 2.691 (+169). Those are the bookmaker prices you would need to beat.

Effective odds on an exchange
CommissionEffective decimalEffective AmericanBreak-even
2%2.744+17436.44%
5%2.691+16937.16%

Same price in other formats

Same price in other formats

Nearby prices

Nearby prices

  • +168 · 2.68 · 37.3%
  • +173 · 2.73 · 36.6%
  • +176 · 2.76 · 36.2%
  • +177 · 2.77 · 36.1%
  • +179 · 2.79 · 35.8%
  • +180 · 2.80 · 35.7%
  • +183 · 2.83 · 35.3%
  • +188 · 2.88 · 34.7%

Frequently asked questions

What does +178 mean in betting?

+178 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At +178 the implied probability is 35.97% and a 100 stake returns 278.00.

What is +178 in decimal odds?

+178 converts to 2.780 in decimal odds (usually shown as 2.78). Decimal odds are the total return per unit staked, so multiply your stake by 2.780 to get the return.

What is +178 as a fraction?

+178 is 89/50 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 +178?

A 100 stake at +178 wins 178.00 in profit and returns 278.00 including the stake. To win exactly 100 you would stake 56.18.

What win rate do I need at +178?

The break-even win rate equals the implied probability, 35.97%. Winning more often than that at this price is profitable over the long run; winning less often loses money.