+218 Odds Explained
- Decimal
- 3.18
- American
- +218
- Fractional
- 109/50
- Implied probability
- 31.45%
- Polymarket
- 31¢
- $100 wins
- 218.00
- American
- +218
- Fractional
- 109/50
- Implied probability
- 31.45%
- Polymarket
- 31¢
- Profit
- 218.00
- Total return
- 318.00
3.180 decimal, +218 American, 31.45% implied probability
The price +218 converts to 3.18 decimal odds and 109/50 fractional odds. Read as a probability it says the bookmaker prices this outcome at 31.45%, 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 31¢.
What +218 pays
A 100 stake at +218 returns 318.00 in total: your 100 back plus 218.00 profit. To win exactly 100 you would stake 45.87. The table covers the stakes people actually use.
| Stake | Profit | Total return |
|---|---|---|
| 10 | 21.80 | 31.80 |
| 25 | 54.50 | 79.50 |
| 50 | 109.00 | 159.00 |
| 100 | 218.00 | 318.00 |
| 500 | 1,090.00 | 1,590.00 |
| 1,000 | 2,180.00 | 3,180.00 |
Break-even and long-run results
The implied probability of +218 is 31.45%, and that number is also the break-even win rate: win more often than 31.45% 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 |
|---|---|
| 31% | -1.4% |
| 50% | 59.0% |
| 55% | 74.9% |
| 60% | 90.8% |
| 65% | 106.7% |
+218 is an underdog price: the bookmaker gives this outcome an implied chance of 31.45%, and the payout of 218.00 on 100 reflects it. Underdogs in this band are where public money and bookmaker margin often disagree, so it pays to compare prices across books before taking one.
The vig at +218
If both sides of a two-way market were priced at +218, the implied probabilities would add up to -37.11% above 100%. That excess is the overround, or vig; as a share of stakes it is a -59.00% 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.
+218 on a betting exchange
Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission +218 is worth 3.136 decimal (+214 American); at 5% it drops to 3.071 (+207). Those are the bookmaker prices you would need to beat.
| Commission | Effective decimal | Effective American | Break-even |
|---|---|---|---|
| 2% | 3.136 | +214 | 31.88% |
| 5% | 3.071 | +207 | 32.56% |
Same price in other formats
Nearby prices
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Frequently asked questions
What does +218 mean in betting?
+218 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At +218 the implied probability is 31.45% and a 100 stake returns 318.00.
What is +218 in decimal odds?
+218 converts to 3.180 in decimal odds (usually shown as 3.18). Decimal odds are the total return per unit staked, so multiply your stake by 3.180 to get the return.
What is +218 as a fraction?
+218 is 109/50 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 +218?
A 100 stake at +218 wins 218.00 in profit and returns 318.00 including the stake. To win exactly 100 you would stake 45.87.
What win rate do I need at +218?
The break-even win rate equals the implied probability, 31.45%. Winning more often than that at this price is profitable over the long run; winning less often loses money.