+940 Odds Explained
- Decimal
- 10.40
- American
- +940
- Fractional
- 47/5
- Implied probability
- 9.62%
- Polymarket
- 10¢
- $100 wins
- 940.00
- American
- +940
- Fractional
- 47/5
- Implied probability
- 9.62%
- Polymarket
- 10¢
- Profit
- 940.00
- Total return
- 1,040.00
10.400 decimal, +940 American, 9.62% implied probability
American odds of +940 mean
a 100 stake wins 940
. In decimal notation that is 10.40, in fractional notation 47/5, and the implied probability is 9.62%. On a prediction market the same price is a 10¢ share.
What +940 pays
A 100 stake at +940 returns 1,040.00 in total: your 100 back plus 940.00 profit. To win exactly 100 you would stake 10.64. The table covers the stakes people actually use.
| Stake | Profit | Total return |
|---|---|---|
| 10 | 94.00 | 104.00 |
| 25 | 235.00 | 260.00 |
| 50 | 470.00 | 520.00 |
| 100 | 940.00 | 1,040.00 |
| 500 | 4,700.00 | 5,200.00 |
| 1,000 | 9,400.00 | 10,400.00 |
Break-even and long-run results
The implied probability of +940 is 9.62%, and that number is also the break-even win rate: win more often than 9.62% 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 |
|---|---|
| 10% | 4.0% |
| 50% | 420.0% |
| 55% | 472.0% |
| 60% | 524.0% |
| 65% | 576.0% |
+940 is a longshot. The bookmaker prices the outcome at 9.62%, and the payout of 940.00 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 +940
If both sides of a two-way market were priced at +940, the implied probabilities would add up to -80.77% above 100%. That excess is the overround, or vig; as a share of stakes it is a -420.00% 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.
+940 on a betting exchange
Exchanges charge commission on net winnings, so the price you see is not the price you get. At 2% commission +940 is worth 10.212 decimal (+921 American); at 5% it drops to 9.930 (+893). Those are the bookmaker prices you would need to beat.
| Commission | Effective decimal | Effective American | Break-even |
|---|---|---|---|
| 2% | 10.212 | +921 | 9.79% |
| 5% | 9.930 | +893 | 10.07% |
Same price in other formats
Nearby prices
Nearby prices
Frequently asked questions
What does +940 mean in betting?
+940 is an American price. Positive numbers show the profit on a 100 stake; negative numbers show the stake needed to win 100. At +940 the implied probability is 9.62% and a 100 stake returns 1,040.00.
What is +940 in decimal odds?
+940 converts to 10.400 in decimal odds (usually shown as 10.40). Decimal odds are the total return per unit staked, so multiply your stake by 10.400 to get the return.
What is +940 as a fraction?
+940 is 47/5 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 +940?
A 100 stake at +940 wins 940.00 in profit and returns 1,040.00 including the stake. To win exactly 100 you would stake 10.64.
What win rate do I need at +940?
The break-even win rate equals the implied probability, 9.62%. Winning more often than that at this price is profitable over the long run; winning less often loses money.