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+316 Odds Explained

Decimal
4.16
American
+316
Fractional
79/25
Implied probability
24.04%
Polymarket
24¢
$100 wins
316.00
Inputs
Results
Decimal odds4.160
American
+316
Fractional
79/25
Implied probability
24.04%
Polymarket
24¢
Profit
316.00
Total return
416.00

4.160 decimal, +316 American, 24.04% implied probability

American odds of +316 mean

a 100 stake wins 316

. In decimal notation that is 4.16, in fractional notation 79/25, and the implied probability is 24.04%. On a prediction market the same price is a 24¢ share.

What +316 pays

A 100 stake at +316 returns 416.00 in total: your 100 back plus 316.00 profit. To win exactly 100 you would stake 31.65. The table covers the stakes people actually use.

Payout by stake
StakeProfitTotal return
1031.6041.60
2579.00104.00
50158.00208.00
100316.00416.00
5001,580.002,080.00
1,0003,160.004,160.00

Break-even and long-run results

The implied probability of +316 is 24.04%, and that number is also the break-even win rate: win more often than 24.04% 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
24%-0.2%
50%108.0%
55%128.8%
60%149.6%
65%170.4%

With an implied chance of 24.04%, a bet at +316 is expected to lose most of the time and to pay 316.00 on 100 when it does not. Outright markets, correct scores and big upsets are where these prices appear, and they are the prices bookmakers shade the hardest.

The vig at +316

If both sides of a two-way market were priced at +316, the implied probabilities would add up to -51.92% above 100%. That excess is the overround, or vig; as a share of stakes it is a -108.00% 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.

+316 on a betting exchange

Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission +316 is worth 4.097 decimal (+310 American); at 5% it drops to 4.002 (+300). Those are the bookmaker prices you would need to beat.

Effective odds on an exchange
CommissionEffective decimalEffective AmericanBreak-even
2%4.097+31024.41%
5%4.002+30024.99%

Same price in other formats

Same price in other formats

Nearby prices

Nearby prices

  • +306 · 4.06 · 24.6%
  • +311 · 4.11 · 24.3%
  • +314 · 4.14 · 24.2%
  • +315 · 4.15 · 24.1%
  • +317 · 4.17 · 24.0%
  • +318 · 4.18 · 23.9%
  • +321 · 4.21 · 23.8%
  • +326 · 4.26 · 23.5%

Frequently asked questions

What does +316 mean in betting?

+316 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At +316 the implied probability is 24.04% and a 100 stake returns 416.00.

What is +316 in decimal odds?

+316 converts to 4.160 in decimal odds (usually shown as 4.16). Decimal odds are the total return per unit staked, so multiply your stake by 4.160 to get the return.

What is +316 as a fraction?

+316 is 79/25 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 +316?

A 100 stake at +316 wins 316.00 in profit and returns 416.00 including the stake. To win exactly 100 you would stake 31.65.

What win rate do I need at +316?

The break-even win rate equals the implied probability, 24.04%. Winning more often than that at this price is profitable over the long run; winning less often loses money.