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18¢ Polymarket Price Explained

Decimal
5.56
American
+456
Fractional
41/9
Implied probability
18.00%
Polymarket
18¢
$100 wins
455.56
Inputs
Results
Decimal odds5.556
American
+456
Fractional
41/9
Implied probability
18.00%
Polymarket
18¢
Profit
455.56
Total return
555.56

5.556 decimal, +456 American, 18.00% implied probability

A Polymarket share priced at 18¢ pays $1.00 if the market resolves in its favour, so the price is the market's probability: 18.00%. In sportsbook terms that is 5.56 decimal odds or +456 American odds. The NO side of the same market sits near 82.00%.

What an 18¢ share pays

Each share pays $1.00 on a win, so the profit per share is a dollar minus the price. On 100 dollars' worth of shares the return is 555.56, a profit of 455.56.

Payout by stake
StakeProfitTotal return
1045.5655.56
25113.89138.89
50227.78277.78
100455.56555.56
5002,277.782,777.78
1,0004,555.565,555.56

Break-even and long-run results

Because the price is a probability, the break-even rate is the price itself: 18.00%. If your own estimate of the outcome is higher than 18.00%, the share is value; if it is lower, it is not.

Return on stake by long-run win rate
Win rateReturn on stake
18%-0.0%
50%177.8%
55%205.6%
60%233.3%
65%261.1%

An 18¢ share is a longshot: 18.00% by the market's estimate, paying 455.56 per 100. Thin order books at low prices mean the quoted price and the price you actually get can differ by several cents.

Converting 18¢ by hand

Treat the price as a probability: 18¢ is 18.00%. Decimal odds are one divided by that, 5.556, which bookmakers would display as 5.56. American odds follow from the decimal price: an underdog, so (5.556 − 1) × 100 gives +456. In fractional terms the closest traditional price is 41/9.

YES, NO and the spread

On a liquid market the YES and NO prices add up to about $1.00; at 18¢ the NO side should be near 82.00%. Anything above $1.00 in total is the spread, the prediction-market equivalent of a bookmaker's vig. Enter both sides in the Polymarket converter to measure it.

Fees and comparison with sportsbooks

Fees, where a market charges them, come off profit and work exactly like exchange commission. At 2% the share is worth 5.464 decimal, at 5% 5.328. A sportsbook offering better than the effective price beats the market.

Effective odds on an exchange
CommissionEffective decimalEffective AmericanBreak-even
2%5.464+44618.30%
5%5.328+43318.77%

Same price in other formats

Same price in other formats

Nearby prices

Nearby prices

  • 13¢ · 7.69 · 13.0%
  • 16¢ · 6.25 · 16.0%
  • 17¢ · 5.88 · 17.0%
  • 19¢ · 5.26 · 19.0%
  • 20¢ · 5.00 · 20.0%
  • 23¢ · 4.35 · 23.0%

Frequently asked questions

What does an 18¢ price mean on Polymarket?

A share costs 18¢ and pays $1.00 if the market resolves in its favour, so the price is the market's probability: 18.00%. In sportsbook terms it is 5.56 decimal or +456 American odds.

How do I convert 18¢ to decimal odds?

Divide 1 by the price in dollars: 1 / 18¢ gives 5.556, shown as 5.56.

What is the NO price when YES is 18¢?

On a liquid market the NO side is about $1.00 minus the YES price, so roughly 82.00% in cents. The difference from exactly $1.00 in total is the spread.

Is 18¢ better than the sportsbook price?

Compare after fees. At 18¢ the share is worth 5.56 decimal before fees and 5.464 at a 2% fee. If a sportsbook offers more than that on the same outcome, the sportsbook is the better price.

What do I win per 100 dollars at 18¢?

100 dollars buys 100 / 18¢ shares, which pay 555.56 in total on a win: a profit of 455.56.