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10.00 Decimal Odds Explained

Decimal
10.00
American
+900
Fractional
9/1
Implied probability
10.00%
Polymarket
10¢
$100 wins
900.00
Inputs
Results
Decimal odds10.000
American
+900
Fractional
9/1
Implied probability
10.00%
Polymarket
10¢
Profit
900.00
Total return
1,000.00

10.000 decimal, +900 American, 10.00% implied probability

10.00 is the decimal way of writing a price that Americans call +900 and British bookmakers call 9/1. Decimal odds are the easiest to compute with: multiply the stake by 10.00 for the total return, and divide one by 10.00 for the implied probability of 10.00%.

What 10.00 pays

Multiply the stake by 10.00 to get the total return. A 100 stake returns 1,000.00, of which 900.00 is profit. To win 100 in profit you would need to stake 11.11.

Payout by stake
StakeProfitTotal return
1090.00100.00
25225.00250.00
50450.00500.00
100900.001,000.00
5004,500.005,000.00
1,0009,000.0010,000.00

Break-even and long-run results

One divided by 10.00 is 10.00%: the implied probability, and the win rate at which betting this price neither makes nor loses money. The rows below show the return on stake at several win rates.

Return on stake by long-run win rate
Win rateReturn on stake
10%0.0%
50%400.0%
55%450.0%
60%500.0%
65%550.0%

10.00 is a longshot price implying 10.00%. Bookmakers shade longshots more than any other price, so the true chance is usually a little higher than the implied figure suggests; the power and Shin devigging methods exist largely to model that shading.

Converting 10.00 by hand

Every other format follows from the decimal price in one step. Implied probability is one divided by 10.00, which gives 10.00%. American odds depend on which side of 2.00 the price sits: at or above 2.00, multiply (10.00 − 1) by 100 to get +900. The fraction is 10.00 − 1 written as a ratio and snapped to the nearest traditional price, 9/1. A prediction market simply quotes the probability in cents: 10¢.

The vig at 10.00

If both sides of a two-way market were 10.00, their implied probabilities would sum to -80.00% above 100%. That is the overround; as a share of stakes it is a -400.00% margin. The fair price with the margin removed is 2.00 on each side. The devig calculator does this for any market and any method.

10.00 on a betting exchange

Exchange commission comes off winnings, so 10.00 at 2% commission is really 9.820, and at 5% it is 9.550. The break-even win rate rises accordingly.

Effective odds on an exchange
CommissionEffective decimalEffective AmericanBreak-even
2%9.820+88210.18%
5%9.550+85510.47%

Same price in other formats

Same price in other formats

Nearby prices

Nearby prices

Frequently asked questions

What does 10.00 decimal odds mean?

Decimal odds of 10.00 return 10.00 for every 1.00 staked, including the stake, so the profit is 10.00 minus 1. The implied probability is 10.00%.

What is 10.00 in American odds?

10.00 decimal is +900 in American odds. Prices of 2.00 and above convert with (decimal − 1) × 100; prices below 2.00 with −100 / (decimal − 1).

What is 10.00 as a fraction?

10.00 is 9/1 in fractional odds: subtract 1 from the decimal price and express the result as a fraction.

How much does 100 return at 10.00?

100 × 10.00 = 1,000.00 total return, of which 900.00 is profit.

What win rate breaks even at 10.00?

1 / 10.00 = 10.00%. Win more often than that and the price is profitable; the bookmaker's margin means both sides of a market usually sit a little under fair.