+820 Odds Explained
- Decimal
- 9.20
- American
- +820
- Fractional
- 41/5
- Implied probability
- 10.87%
- Polymarket
- 11¢
- $100 wins
- 820.00
- American
- +820
- Fractional
- 41/5
- Implied probability
- 10.87%
- Polymarket
- 11¢
- Profit
- 820.00
- Total return
- 920.00
9.200 decimal, +820 American, 10.87% implied probability
The price +820 converts to 9.20 decimal odds and 41/5 fractional odds. Read as a probability it says the bookmaker prices this outcome at 10.87%, 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 11¢.
What +820 pays
A 100 stake at +820 returns 920.00 in total: your 100 back plus 820.00 profit. To win exactly 100 you would stake 12.20. The table covers the stakes people actually use.
| Stake | Profit | Total return |
|---|---|---|
| 10 | 82.00 | 92.00 |
| 25 | 205.00 | 230.00 |
| 50 | 410.00 | 460.00 |
| 100 | 820.00 | 920.00 |
| 500 | 4,100.00 | 4,600.00 |
| 1,000 | 8,200.00 | 9,200.00 |
Break-even and long-run results
The implied probability of +820 is 10.87%, and that number is also the break-even win rate: win more often than 10.87% 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 |
|---|---|
| 11% | 1.2% |
| 50% | 360.0% |
| 55% | 406.0% |
| 60% | 452.0% |
| 65% | 498.0% |
With an implied chance of 10.87%, a bet at +820 is expected to lose most of the time and to pay 820.00 on 100 when it does not. Outright markets, correct scores and big upsets are where these prices appear, and they are the prices bookmakers shade the hardest.
The vig at +820
If both sides of a two-way market were priced at +820, the implied probabilities would add up to -78.26% above 100%. That excess is the overround, or vig; as a share of stakes it is a -360.00% 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.
+820 on a betting exchange
Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission +820 is worth 9.036 decimal (+804 American); at 5% it drops to 8.790 (+779). Those are the bookmaker prices you would need to beat.
| Commission | Effective decimal | Effective American | Break-even |
|---|---|---|---|
| 2% | 9.036 | +804 | 11.07% |
| 5% | 8.790 | +779 | 11.38% |
Same price in other formats
Nearby prices
Nearby prices
Frequently asked questions
What does +820 mean in betting?
+820 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At +820 the implied probability is 10.87% and a 100 stake returns 920.00.
What is +820 in decimal odds?
+820 converts to 9.200 in decimal odds (usually shown as 9.20). Decimal odds are the total return per unit staked, so multiply your stake by 9.200 to get the return.
What is +820 as a fraction?
+820 is 41/5 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 +820?
A 100 stake at +820 wins 820.00 in profit and returns 920.00 including the stake. To win exactly 100 you would stake 12.20.
What win rate do I need at +820?
The break-even win rate equals the implied probability, 10.87%. Winning more often than that at this price is profitable over the long run; winning less often loses money.