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+317 Odds Explained

Decimal
4.17
American
+317
Fractional
317/100
Implied probability
23.98%
Polymarket
24¢
$100 wins
317.00
Inputs
Results
Decimal odds4.170
American
+317
Fractional
317/100
Implied probability
23.98%
Polymarket
24¢
Profit
317.00
Total return
417.00

4.170 decimal, +317 American, 23.98% implied probability

+317 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: 4.17 decimal, 317/100 fractional, 23.98% implied probability, 24¢ on Polymarket.

What +317 pays

A 100 stake at +317 returns 417.00 in total: your 100 back plus 317.00 profit. To win exactly 100 you would stake 31.55. The table covers the stakes people actually use.

Payout by stake
StakeProfitTotal return
1031.7041.70
2579.25104.25
50158.50208.50
100317.00417.00
5001,585.002,085.00
1,0003,170.004,170.00

Break-even and long-run results

The implied probability of +317 is 23.98%, and that number is also the break-even win rate: win more often than 23.98% 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%0.1%
50%108.5%
55%129.4%
60%150.2%
65%171.1%

+317 is a longshot. The bookmaker prices the outcome at 23.98%, and the payout of 317.00 per 100 staked is the compensation for how rarely it lands. Longshots carry more margin than any other part of the market, which is why devigging methods disagree most at prices like this one.

The vig at +317

If both sides of a two-way market were priced at +317, the implied probabilities would add up to -52.04% above 100%. That excess is the overround, or vig; as a share of stakes it is a -108.50% 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.

+317 on a betting exchange

Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission +317 is worth 4.107 decimal (+311 American); at 5% it drops to 4.012 (+301). Those are the bookmaker prices you would need to beat.

Effective odds on an exchange
CommissionEffective decimalEffective AmericanBreak-even
2%4.107+31124.35%
5%4.012+30124.93%

Same price in other formats

Same price in other formats

Nearby prices

Nearby prices

  • +307 · 4.07 · 24.6%
  • +312 · 4.12 · 24.3%
  • +315 · 4.15 · 24.1%
  • +316 · 4.16 · 24.0%
  • +318 · 4.18 · 23.9%
  • +319 · 4.19 · 23.9%
  • +322 · 4.22 · 23.7%
  • +327 · 4.27 · 23.4%

Frequently asked questions

What does +317 mean in betting?

+317 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At +317 the implied probability is 23.98% and a 100 stake returns 417.00.

What is +317 in decimal odds?

+317 converts to 4.170 in decimal odds (usually shown as 4.17). Decimal odds are the total return per unit staked, so multiply your stake by 4.170 to get the return.

What is +317 as a fraction?

+317 is 317/100 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 +317?

A 100 stake at +317 wins 317.00 in profit and returns 417.00 including the stake. To win exactly 100 you would stake 31.55.

What win rate do I need at +317?

The break-even win rate equals the implied probability, 23.98%. Winning more often than that at this price is profitable over the long run; winning less often loses money.