Skip to content

+920 Odds Explained

Decimal
10.20
American
+920
Fractional
46/5
Implied probability
9.80%
Polymarket
10¢
$100 wins
920.00
Inputs
Results
Decimal odds10.200
American
+920
Fractional
46/5
Implied probability
9.80%
Polymarket
10¢
Profit
920.00
Total return
1,020.00

10.200 decimal, +920 American, 9.80% implied probability

The price +920 converts to 10.20 decimal odds and 46/5 fractional odds. Read as a probability it says the bookmaker prices this outcome at 9.80%, 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 10¢.

What +920 pays

A 100 stake at +920 returns 1,020.00 in total: your 100 back plus 920.00 profit. To win exactly 100 you would stake 10.87. The table covers the stakes people actually use.

Payout by stake
StakeProfitTotal return
1092.00102.00
25230.00255.00
50460.00510.00
100920.001,020.00
5004,600.005,100.00
1,0009,200.0010,200.00

Break-even and long-run results

The implied probability of +920 is 9.80%, and that number is also the break-even win rate: win more often than 9.80% 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
10%2.0%
50%410.0%
55%461.0%
60%512.0%
65%563.0%

+920 is a longshot. The bookmaker prices the outcome at 9.80%, and the payout of 920.00 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 +920

If both sides of a two-way market were priced at +920, the implied probabilities would add up to -80.39% above 100%. That excess is the overround, or vig; as a share of stakes it is a -410.00% 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.

+920 on a betting exchange

Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission +920 is worth 10.016 decimal (+902 American); at 5% it drops to 9.740 (+874). Those are the bookmaker prices you would need to beat.

Effective odds on an exchange
CommissionEffective decimalEffective AmericanBreak-even
2%10.016+9029.98%
5%9.740+87410.27%

Same price in other formats

Nearby prices

Nearby prices

  • +870 · 9.70 · 10.3%
  • +895 · 9.95 · 10.1%
  • +910 · 10.10 · 9.9%
  • +915 · 10.15 · 9.9%
  • +925 · 10.25 · 9.8%
  • +930 · 10.30 · 9.7%
  • +945 · 10.45 · 9.6%
  • +970 · 10.70 · 9.3%

Frequently asked questions

What does +920 mean in betting?

+920 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At +920 the implied probability is 9.80% and a 100 stake returns 1,020.00.

What is +920 in decimal odds?

+920 converts to 10.200 in decimal odds (usually shown as 10.20). Decimal odds are the total return per unit staked, so multiply your stake by 10.200 to get the return.

What is +920 as a fraction?

+920 is 46/5 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 +920?

A 100 stake at +920 wins 920.00 in profit and returns 1,020.00 including the stake. To win exactly 100 you would stake 10.87.

What win rate do I need at +920?

The break-even win rate equals the implied probability, 9.80%. Winning more often than that at this price is profitable over the long run; winning less often loses money.