2¢ Polymarket Price Explained
- Decimal
- 50.00
- American
- +4,900
- Fractional
- 49/1
- Implied probability
- 2.00%
- Polymarket
- 2¢
- $100 wins
- 4,900.00
- American
- +4,900
- Fractional
- 49/1
- Implied probability
- 2.00%
- Polymarket
- 2¢
- Profit
- 4,900.00
- Total return
- 5,000.00
50.000 decimal, +4,900 American, 2.00% implied probability
A Polymarket share priced at 2¢ pays $1.00 if the market resolves in its favour, so the price is the market's probability: 2.00%. In sportsbook terms that is 50.00 decimal odds or +4,900 American odds. The NO side of the same market sits near 98.00%.
What a 2¢ 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 5,000.00, a profit of 4,900.00.
| Stake | Profit | Total return |
|---|---|---|
| 10 | 490.00 | 500.00 |
| 25 | 1,225.00 | 1,250.00 |
| 50 | 2,450.00 | 2,500.00 |
| 100 | 4,900.00 | 5,000.00 |
| 500 | 24,500.00 | 25,000.00 |
| 1,000 | 49,000.00 | 50,000.00 |
Break-even and long-run results
Because the price is a probability, the break-even rate is the price itself: 2.00%. If your own estimate of the outcome is higher than 2.00%, the share is value; if it is lower, it is not.
| Win rate | Return on stake |
|---|---|
| 2% | 0.0% |
| 50% | 2,400.0% |
| 55% | 2,650.0% |
| 60% | 2,900.0% |
| 65% | 3,150.0% |
A 2¢ share is a longshot: 2.00% by the market's estimate, paying 4,900.00 per 100. Thin order books at low prices mean the quoted price and the price you actually get can differ by several cents.
Converting 2¢ by hand
Treat the price as a probability: 2¢ is 2.00%. Decimal odds are one divided by that, 50.000, which bookmakers would display as 50.00. American odds follow from the decimal price: an underdog, so (50.000 − 1) × 100 gives +4,900. In fractional terms the closest traditional price is 49/1.
YES, NO and the spread
On a liquid market the YES and NO prices add up to about $1.00; at 2¢ the NO side should be near 98.00%. 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 49.020 decimal, at 5% 47.550. A sportsbook offering better than the effective price beats the market.
| Commission | Effective decimal | Effective American | Break-even |
|---|---|---|---|
| 2% | 49.020 | +4,802 | 2.04% |
| 5% | 47.550 | +4,655 | 2.10% |
Same price in other formats
Nearby prices
Frequently asked questions
What does a 2¢ price mean on Polymarket?
A share costs 2¢ and pays $1.00 if the market resolves in its favour, so the price is the market's probability: 2.00%. In sportsbook terms it is 50.00 decimal or +4,900 American odds.
How do I convert 2¢ to decimal odds?
Divide 1 by the price in dollars: 1 / 2¢ gives 50.000, shown as 50.00.
What is the NO price when YES is 2¢?
On a liquid market the NO side is about $1.00 minus the YES price, so roughly 98.00% in cents. The difference from exactly $1.00 in total is the spread.
Is 2¢ better than the sportsbook price?
Compare after fees. At 2¢ the share is worth 50.00 decimal before fees and 49.020 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 2¢?
100 dollars buys 100 / 2¢ shares, which pay 5,000.00 in total on a win: a profit of 4,900.00.