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+364 Odds Explained

Decimal
4.64
American
+364
Fractional
91/25
Implied probability
21.55%
Polymarket
22¢
$100 wins
364.00
Inputs
Results
Decimal odds4.640
American
+364
Fractional
91/25
Implied probability
21.55%
Polymarket
22¢
Profit
364.00
Total return
464.00

4.640 decimal, +364 American, 21.55% implied probability

+364 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: 4.64 decimal, 91/25 fractional, 21.55% implied probability, 22¢ on Polymarket.

What +364 pays

A 100 stake at +364 returns 464.00 in total: your 100 back plus 364.00 profit. To win exactly 100 you would stake 27.47. The table covers the stakes people actually use.

Payout by stake
StakeProfitTotal return
1036.4046.40
2591.00116.00
50182.00232.00
100364.00464.00
5001,820.002,320.00
1,0003,640.004,640.00

Break-even and long-run results

The implied probability of +364 is 21.55%, and that number is also the break-even win rate: win more often than 21.55% 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
22%2.1%
50%132.0%
55%155.2%
60%178.4%
65%201.6%

+364 is a longshot. The bookmaker prices the outcome at 21.55%, and the payout of 364.00 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 +364

If both sides of a two-way market were priced at +364, the implied probabilities would add up to -56.90% above 100%. That excess is the overround, or vig; as a share of stakes it is a -132.00% 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.

+364 on a betting exchange

Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission +364 is worth 4.567 decimal (+357 American); at 5% it drops to 4.458 (+346). Those are the bookmaker prices you would need to beat.

Effective odds on an exchange
CommissionEffective decimalEffective AmericanBreak-even
2%4.567+35721.90%
5%4.458+34622.43%

Same price in other formats

Nearby prices

Nearby prices

  • +354 · 4.54 · 22.0%
  • +359 · 4.59 · 21.8%
  • +362 · 4.62 · 21.6%
  • +363 · 4.63 · 21.6%
  • +365 · 4.65 · 21.5%
  • +366 · 4.66 · 21.5%
  • +369 · 4.69 · 21.3%
  • +374 · 4.74 · 21.1%

Frequently asked questions

What does +364 mean in betting?

+364 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At +364 the implied probability is 21.55% and a 100 stake returns 464.00.

What is +364 in decimal odds?

+364 converts to 4.640 in decimal odds (usually shown as 4.64). Decimal odds are the total return per unit staked, so multiply your stake by 4.640 to get the return.

What is +364 as a fraction?

+364 is 91/25 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 +364?

A 100 stake at +364 wins 364.00 in profit and returns 464.00 including the stake. To win exactly 100 you would stake 27.47.

What win rate do I need at +364?

The break-even win rate equals the implied probability, 21.55%. Winning more often than that at this price is profitable over the long run; winning less often loses money.