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+322 Odds Explained

Decimal
4.22
American
+322
Fractional
161/50
Implied probability
23.70%
Polymarket
24¢
$100 wins
322.00
Inputs
Results
Decimal odds4.220
American
+322
Fractional
161/50
Implied probability
23.70%
Polymarket
24¢
Profit
322.00
Total return
422.00

4.220 decimal, +322 American, 23.70% implied probability

The price +322 converts to 4.22 decimal odds and 161/50 fractional odds. Read as a probability it says the bookmaker prices this outcome at 23.70%, 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 24¢.

What +322 pays

A 100 stake at +322 returns 422.00 in total: your 100 back plus 322.00 profit. To win exactly 100 you would stake 31.06. The table covers the stakes people actually use.

Payout by stake
StakeProfitTotal return
1032.2042.20
2580.50105.50
50161.00211.00
100322.00422.00
5001,610.002,110.00
1,0003,220.004,220.00

Break-even and long-run results

The implied probability of +322 is 23.70%, and that number is also the break-even win rate: win more often than 23.70% 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%1.3%
50%111.0%
55%132.1%
60%153.2%
65%174.3%

+322 is a longshot. The bookmaker prices the outcome at 23.70%, and the payout of 322.00 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 +322

If both sides of a two-way market were priced at +322, the implied probabilities would add up to -52.61% above 100%. That excess is the overround, or vig; as a share of stakes it is a -111.00% 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.

+322 on a betting exchange

Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission +322 is worth 4.156 decimal (+316 American); at 5% it drops to 4.059 (+306). Those are the bookmaker prices you would need to beat.

Effective odds on an exchange
CommissionEffective decimalEffective AmericanBreak-even
2%4.156+31624.06%
5%4.059+30624.64%

Same price in other formats

Nearby prices

Nearby prices

  • +312 · 4.12 · 24.3%
  • +317 · 4.17 · 24.0%
  • +320 · 4.20 · 23.8%
  • +321 · 4.21 · 23.8%
  • +323 · 4.23 · 23.6%
  • +324 · 4.24 · 23.6%
  • +327 · 4.27 · 23.4%
  • +332 · 4.32 · 23.1%

Frequently asked questions

What does +322 mean in betting?

+322 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At +322 the implied probability is 23.70% and a 100 stake returns 422.00.

What is +322 in decimal odds?

+322 converts to 4.220 in decimal odds (usually shown as 4.22). Decimal odds are the total return per unit staked, so multiply your stake by 4.220 to get the return.

What is +322 as a fraction?

+322 is 161/50 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 +322?

A 100 stake at +322 wins 322.00 in profit and returns 422.00 including the stake. To win exactly 100 you would stake 31.06.

What win rate do I need at +322?

The break-even win rate equals the implied probability, 23.70%. Winning more often than that at this price is profitable over the long run; winning less often loses money.