+264 Odds Explained
- Decimal
- 3.64
- American
- +264
- Fractional
- 66/25
- Implied probability
- 27.47%
- Polymarket
- 27¢
- $100 wins
- 264.00
- American
- +264
- Fractional
- 66/25
- Implied probability
- 27.47%
- Polymarket
- 27¢
- Profit
- 264.00
- Total return
- 364.00
3.640 decimal, +264 American, 27.47% implied probability
+264 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: 3.64 decimal, 66/25 fractional, 27.47% implied probability, 27¢ on Polymarket.
What +264 pays
A 100 stake at +264 returns 364.00 in total: your 100 back plus 264.00 profit. To win exactly 100 you would stake 37.88. The table covers the stakes people actually use.
| Stake | Profit | Total return |
|---|---|---|
| 10 | 26.40 | 36.40 |
| 25 | 66.00 | 91.00 |
| 50 | 132.00 | 182.00 |
| 100 | 264.00 | 364.00 |
| 500 | 1,320.00 | 1,820.00 |
| 1,000 | 2,640.00 | 3,640.00 |
Break-even and long-run results
The implied probability of +264 is 27.47%, and that number is also the break-even win rate: win more often than 27.47% 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 |
|---|---|
| 27% | -1.7% |
| 50% | 82.0% |
| 55% | 100.2% |
| 60% | 118.4% |
| 65% | 136.6% |
At 27.47% implied, +264 is a moderate underdog. A bet here wins less than half the time by the bookmaker's reckoning, but each win pays 264.00 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 +264
If both sides of a two-way market were priced at +264, the implied probabilities would add up to -45.05% above 100%. That excess is the overround, or vig; as a share of stakes it is a -82.00% 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.
+264 on a betting exchange
Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission +264 is worth 3.587 decimal (+259 American); at 5% it drops to 3.508 (+251). Those are the bookmaker prices you would need to beat.
| Commission | Effective decimal | Effective American | Break-even |
|---|---|---|---|
| 2% | 3.587 | +259 | 27.88% |
| 5% | 3.508 | +251 | 28.51% |
Same price in other formats
Nearby prices
Nearby prices
Frequently asked questions
What does +264 mean in betting?
+264 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At +264 the implied probability is 27.47% and a 100 stake returns 364.00.
What is +264 in decimal odds?
+264 converts to 3.640 in decimal odds (usually shown as 3.64). Decimal odds are the total return per unit staked, so multiply your stake by 3.640 to get the return.
What is +264 as a fraction?
+264 is 66/25 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 +264?
A 100 stake at +264 wins 264.00 in profit and returns 364.00 including the stake. To win exactly 100 you would stake 37.88.
What win rate do I need at +264?
The break-even win rate equals the implied probability, 27.47%. Winning more often than that at this price is profitable over the long run; winning less often loses money.