33¢ Polymarket Price Explained
- Decimal
- 3.03
- American
- +203
- Fractional
- 67/33
- Implied probability
- 33.00%
- Polymarket
- 33¢
- $100 wins
- 203.03
- American
- +203
- Fractional
- 67/33
- Implied probability
- 33.00%
- Polymarket
- 33¢
- Profit
- 203.03
- Total return
- 303.03
3.030 decimal, +203 American, 33.00% implied probability
A Polymarket share priced at 33¢ pays $1.00 if the market resolves in its favour, so the price is the market's probability: 33.00%. In sportsbook terms that is 3.03 decimal odds or +203 American odds. The NO side of the same market sits near 67.00%.
What a 33¢ 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 303.03, a profit of 203.03.
| Stake | Profit | Total return |
|---|---|---|
| 10 | 20.30 | 30.30 |
| 25 | 50.76 | 75.76 |
| 50 | 101.52 | 151.52 |
| 100 | 203.03 | 303.03 |
| 500 | 1,015.15 | 1,515.15 |
| 1,000 | 2,030.30 | 3,030.30 |
Break-even and long-run results
Because the price is a probability, the break-even rate is the price itself: 33.00%. If your own estimate of the outcome is higher than 33.00%, the share is value; if it is lower, it is not.
| Win rate | Return on stake |
|---|---|
| 33% | 0.0% |
| 50% | 51.5% |
| 55% | 66.7% |
| 60% | 81.8% |
| 65% | 97.0% |
33¢ is an underdog share with an implied chance of 33.00% and a payout of 203.03 per 100 dollars staked. Prediction markets often price underdogs closer to fair than sportsbooks do, so this is a good range for cross-market comparison.
Converting 33¢ by hand
Treat the price as a probability: 33¢ is 33.00%. Decimal odds are one divided by that, 3.030, which bookmakers would display as 3.03. American odds follow from the decimal price: an underdog, so (3.030 − 1) × 100 gives +203. In fractional terms the closest traditional price is 67/33.
YES, NO and the spread
On a liquid market the YES and NO prices add up to about $1.00; at 33¢ the NO side should be near 67.00%. 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 2.990 decimal, at 5% 2.929. A sportsbook offering better than the effective price beats the market.
| Commission | Effective decimal | Effective American | Break-even |
|---|---|---|---|
| 2% | 2.990 | +199 | 33.45% |
| 5% | 2.929 | +193 | 34.14% |
Same price in other formats
Same price in other formats
Nearby prices
Nearby prices
Frequently asked questions
What does a 33¢ price mean on Polymarket?
A share costs 33¢ and pays $1.00 if the market resolves in its favour, so the price is the market's probability: 33.00%. In sportsbook terms it is 3.03 decimal or +203 American odds.
How do I convert 33¢ to decimal odds?
Divide 1 by the price in dollars: 1 / 33¢ gives 3.030, shown as 3.03.
What is the NO price when YES is 33¢?
On a liquid market the NO side is about $1.00 minus the YES price, so roughly 67.00% in cents. The difference from exactly $1.00 in total is the spread.
Is 33¢ better than the sportsbook price?
Compare after fees. At 33¢ the share is worth 3.03 decimal before fees and 2.990 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 33¢?
100 dollars buys 100 / 33¢ shares, which pay 303.03 in total on a win: a profit of 203.03.