3¢ Polymarket Price Explained
- Decimal
- 33.33
- American
- +3,233
- Fractional
- 97/3
- Implied probability
- 3.00%
- Polymarket
- 3¢
- $100 wins
- 3,233.33
- American
- +3,233
- Fractional
- 97/3
- Implied probability
- 3.00%
- Polymarket
- 3¢
- Profit
- 3,233.33
- Total return
- 3,333.33
33.333 decimal, +3,233 American, 3.00% implied probability
Buying at 3¢ means risking 3¢ to win the rest of a dollar. That is a payout ratio of 33.33 (decimal odds) or +3,233 in American notation, and it implies an implied probability of 3.00% probability before fees.
What a 3¢ 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 3,333.33, a profit of 3,233.33.
| Stake | Profit | Total return |
|---|---|---|
| 10 | 323.33 | 333.33 |
| 25 | 808.33 | 833.33 |
| 50 | 1,616.67 | 1,666.67 |
| 100 | 3,233.33 | 3,333.33 |
| 500 | 16,166.67 | 16,666.67 |
| 1,000 | 32,333.33 | 33,333.33 |
Break-even and long-run results
Because the price is a probability, the break-even rate is the price itself: 3.00%. If your own estimate of the outcome is higher than 3.00%, the share is value; if it is lower, it is not.
| Win rate | Return on stake |
|---|---|
| 3% | 0.0% |
| 50% | 1,566.7% |
| 55% | 1,733.3% |
| 60% | 1,900.0% |
| 65% | 2,066.7% |
A 3¢ share is a longshot: 3.00% by the market's estimate, paying 3,233.33 per 100. Thin order books at low prices mean the quoted price and the price you actually get can differ by several cents.
Converting 3¢ by hand
Treat the price as a probability: 3¢ is 3.00%. Decimal odds are one divided by that, 33.333, which bookmakers would display as 33.33. American odds follow from the decimal price: an underdog, so (33.333 − 1) × 100 gives +3,233. In fractional terms the closest traditional price is 97/3.
YES, NO and the spread
On a liquid market the YES and NO prices add up to about $1.00; at 3¢ the NO side should be near 97.00%. 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 32.687 decimal, at 5% 31.717. A sportsbook offering better than the effective price beats the market.
| Commission | Effective decimal | Effective American | Break-even |
|---|---|---|---|
| 2% | 32.687 | +3,169 | 3.06% |
| 5% | 31.717 | +3,072 | 3.15% |
Same price in other formats
Nearby prices
Frequently asked questions
What does a 3¢ price mean on Polymarket?
A share costs 3¢ and pays $1.00 if the market resolves in its favour, so the price is the market's probability: 3.00%. In sportsbook terms it is 33.33 decimal or +3,233 American odds.
How do I convert 3¢ to decimal odds?
Divide 1 by the price in dollars: 1 / 3¢ gives 33.333, shown as 33.33.
What is the NO price when YES is 3¢?
On a liquid market the NO side is about $1.00 minus the YES price, so roughly 97.00% in cents. The difference from exactly $1.00 in total is the spread.
Is 3¢ better than the sportsbook price?
Compare after fees. At 3¢ the share is worth 33.33 decimal before fees and 32.687 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 3¢?
100 dollars buys 100 / 3¢ shares, which pay 3,333.33 in total on a win: a profit of 3,233.33.