+362 Odds Explained
- Decimal
- 4.62
- American
- +362
- Fractional
- 181/50
- Implied probability
- 21.65%
- Polymarket
- 22¢
- $100 wins
- 362.00
- American
- +362
- Fractional
- 181/50
- Implied probability
- 21.65%
- Polymarket
- 22¢
- Profit
- 362.00
- Total return
- 462.00
4.620 decimal, +362 American, 21.65% implied probability
American odds of +362 mean
a 100 stake wins 362
. In decimal notation that is 4.62, in fractional notation 181/50, and the implied probability is 21.65%. On a prediction market the same price is a 22¢ share.
What +362 pays
A 100 stake at +362 returns 462.00 in total: your 100 back plus 362.00 profit. To win exactly 100 you would stake 27.62. The table covers the stakes people actually use.
| Stake | Profit | Total return |
|---|---|---|
| 10 | 36.20 | 46.20 |
| 25 | 90.50 | 115.50 |
| 50 | 181.00 | 231.00 |
| 100 | 362.00 | 462.00 |
| 500 | 1,810.00 | 2,310.00 |
| 1,000 | 3,620.00 | 4,620.00 |
Break-even and long-run results
The implied probability of +362 is 21.65%, and that number is also the break-even win rate: win more often than 21.65% 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 |
|---|---|
| 22% | 1.6% |
| 50% | 131.0% |
| 55% | 154.1% |
| 60% | 177.2% |
| 65% | 200.3% |
+362 is a longshot. The bookmaker prices the outcome at 21.65%, and the payout of 362.00 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 +362
If both sides of a two-way market were priced at +362, the implied probabilities would add up to -56.71% above 100%. That excess is the overround, or vig; as a share of stakes it is a -131.00% 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.
+362 on a betting exchange
Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission +362 is worth 4.548 decimal (+355 American); at 5% it drops to 4.439 (+344). Those are the bookmaker prices you would need to beat.
| Commission | Effective decimal | Effective American | Break-even |
|---|---|---|---|
| 2% | 4.548 | +355 | 21.99% |
| 5% | 4.439 | +344 | 22.53% |
Same price in other formats
Nearby prices
Nearby prices
Frequently asked questions
What does +362 mean in betting?
+362 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At +362 the implied probability is 21.65% and a 100 stake returns 462.00.
What is +362 in decimal odds?
+362 converts to 4.620 in decimal odds (usually shown as 4.62). Decimal odds are the total return per unit staked, so multiply your stake by 4.620 to get the return.
What is +362 as a fraction?
+362 is 181/50 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 +362?
A 100 stake at +362 wins 362.00 in profit and returns 462.00 including the stake. To win exactly 100 you would stake 27.62.
What win rate do I need at +362?
The break-even win rate equals the implied probability, 21.65%. Winning more often than that at this price is profitable over the long run; winning less often loses money.