+382 Odds Explained
- Decimal
- 4.82
- American
- +382
- Fractional
- 191/50
- Implied probability
- 20.75%
- Polymarket
- 21¢
- $100 wins
- 382.00
- American
- +382
- Fractional
- 191/50
- Implied probability
- 20.75%
- Polymarket
- 21¢
- Profit
- 382.00
- Total return
- 482.00
4.820 decimal, +382 American, 20.75% implied probability
American odds of +382 mean
a 100 stake wins 382
. In decimal notation that is 4.82, in fractional notation 191/50, and the implied probability is 20.75%. On a prediction market the same price is a 21¢ share.
What +382 pays
A 100 stake at +382 returns 482.00 in total: your 100 back plus 382.00 profit. To win exactly 100 you would stake 26.18. The table covers the stakes people actually use.
| Stake | Profit | Total return |
|---|---|---|
| 10 | 38.20 | 48.20 |
| 25 | 95.50 | 120.50 |
| 50 | 191.00 | 241.00 |
| 100 | 382.00 | 482.00 |
| 500 | 1,910.00 | 2,410.00 |
| 1,000 | 3,820.00 | 4,820.00 |
Break-even and long-run results
The implied probability of +382 is 20.75%, and that number is also the break-even win rate: win more often than 20.75% 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 |
|---|---|
| 21% | 1.2% |
| 50% | 141.0% |
| 55% | 165.1% |
| 60% | 189.2% |
| 65% | 213.3% |
+382 is a longshot. The bookmaker prices the outcome at 20.75%, and the payout of 382.00 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 +382
If both sides of a two-way market were priced at +382, the implied probabilities would add up to -58.51% above 100%. That excess is the overround, or vig; as a share of stakes it is a -141.00% 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.
+382 on a betting exchange
Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission +382 is worth 4.744 decimal (+374 American); at 5% it drops to 4.629 (+363). Those are the bookmaker prices you would need to beat.
| Commission | Effective decimal | Effective American | Break-even |
|---|---|---|---|
| 2% | 4.744 | +374 | 21.08% |
| 5% | 4.629 | +363 | 21.60% |
Same price in other formats
Nearby prices
Nearby prices
Frequently asked questions
What does +382 mean in betting?
+382 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At +382 the implied probability is 20.75% and a 100 stake returns 482.00.
What is +382 in decimal odds?
+382 converts to 4.820 in decimal odds (usually shown as 4.82). Decimal odds are the total return per unit staked, so multiply your stake by 4.820 to get the return.
What is +382 as a fraction?
+382 is 191/50 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 +382?
A 100 stake at +382 wins 382.00 in profit and returns 482.00 including the stake. To win exactly 100 you would stake 26.18.
What win rate do I need at +382?
The break-even win rate equals the implied probability, 20.75%. Winning more often than that at this price is profitable over the long run; winning less often loses money.