+237 Odds Explained
- Decimal
- 3.37
- American
- +237
- Fractional
- 237/100
- Implied probability
- 29.67%
- Polymarket
- 30¢
- $100 wins
- 237.00
- American
- +237
- Fractional
- 237/100
- Implied probability
- 29.67%
- Polymarket
- 30¢
- Profit
- 237.00
- Total return
- 337.00
3.370 decimal, +237 American, 29.67% implied probability
American odds of +237 mean
a 100 stake wins 237
. In decimal notation that is 3.37, in fractional notation 237/100, and the implied probability is 29.67%. On a prediction market the same price is a 30¢ share.
What +237 pays
A 100 stake at +237 returns 337.00 in total: your 100 back plus 237.00 profit. To win exactly 100 you would stake 42.19. The table covers the stakes people actually use.
| Stake | Profit | Total return |
|---|---|---|
| 10 | 23.70 | 33.70 |
| 25 | 59.25 | 84.25 |
| 50 | 118.50 | 168.50 |
| 100 | 237.00 | 337.00 |
| 500 | 1,185.00 | 1,685.00 |
| 1,000 | 2,370.00 | 3,370.00 |
Break-even and long-run results
The implied probability of +237 is 29.67%, and that number is also the break-even win rate: win more often than 29.67% 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 |
|---|---|
| 30% | 1.1% |
| 50% | 68.5% |
| 55% | 85.4% |
| 60% | 102.2% |
| 65% | 119.1% |
At 29.67% implied, +237 is a moderate underdog. A bet here wins less than half the time by the bookmaker's reckoning, but each win pays 237.00 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 +237
If both sides of a two-way market were priced at +237, the implied probabilities would add up to -40.65% above 100%. That excess is the overround, or vig; as a share of stakes it is a -68.50% 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.
+237 on a betting exchange
Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission +237 is worth 3.323 decimal (+232 American); at 5% it drops to 3.252 (+225). Those are the bookmaker prices you would need to beat.
| Commission | Effective decimal | Effective American | Break-even |
|---|---|---|---|
| 2% | 3.323 | +232 | 30.10% |
| 5% | 3.252 | +225 | 30.76% |
Same price in other formats
Nearby prices
Nearby prices
Frequently asked questions
What does +237 mean in betting?
+237 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At +237 the implied probability is 29.67% and a 100 stake returns 337.00.
What is +237 in decimal odds?
+237 converts to 3.370 in decimal odds (usually shown as 3.37). Decimal odds are the total return per unit staked, so multiply your stake by 3.370 to get the return.
What is +237 as a fraction?
+237 is 237/100 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 +237?
A 100 stake at +237 wins 237.00 in profit and returns 337.00 including the stake. To win exactly 100 you would stake 42.19.
What win rate do I need at +237?
The break-even win rate equals the implied probability, 29.67%. Winning more often than that at this price is profitable over the long run; winning less often loses money.