34¢ Polymarket Price Explained
- Decimal
- 2.94
- American
- +194
- Fractional
- 33/17
- Implied probability
- 34.00%
- Polymarket
- 34¢
- $100 wins
- 194.12
- American
- +194
- Fractional
- 33/17
- Implied probability
- 34.00%
- Polymarket
- 34¢
- Profit
- 194.12
- Total return
- 294.12
2.941 decimal, +194 American, 34.00% implied probability
A Polymarket share priced at 34¢ pays $1.00 if the market resolves in its favour, so the price is the market's probability: 34.00%. In sportsbook terms that is 2.94 decimal odds or +194 American odds. The NO side of the same market sits near 66.00%.
What a 34¢ 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 294.12, a profit of 194.12.
| Stake | Profit | Total return |
|---|---|---|
| 10 | 19.41 | 29.41 |
| 25 | 48.53 | 73.53 |
| 50 | 97.06 | 147.06 |
| 100 | 194.12 | 294.12 |
| 500 | 970.59 | 1,470.59 |
| 1,000 | 1,941.18 | 2,941.18 |
Break-even and long-run results
Because the price is a probability, the break-even rate is the price itself: 34.00%. If your own estimate of the outcome is higher than 34.00%, the share is value; if it is lower, it is not.
| Win rate | Return on stake |
|---|---|
| 34% | 0.0% |
| 50% | 47.1% |
| 55% | 61.8% |
| 60% | 76.5% |
| 65% | 91.2% |
34¢ is an underdog share with an implied chance of 34.00% and a payout of 194.12 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 34¢ by hand
Treat the price as a probability: 34¢ is 34.00%. Decimal odds are one divided by that, 2.941, which bookmakers would display as 2.94. American odds follow from the decimal price: an underdog, so (2.941 − 1) × 100 gives +194. In fractional terms the closest traditional price is 33/17.
YES, NO and the spread
On a liquid market the YES and NO prices add up to about $1.00; at 34¢ the NO side should be near 66.00%. 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 2.902 decimal, at 5% 2.844. A sportsbook offering better than the effective price beats the market.
| Commission | Effective decimal | Effective American | Break-even |
|---|---|---|---|
| 2% | 2.902 | +190 | 34.45% |
| 5% | 2.844 | +184 | 35.16% |
Same price in other formats
Same price in other formats
Nearby prices
Nearby prices
Frequently asked questions
What does a 34¢ price mean on Polymarket?
A share costs 34¢ and pays $1.00 if the market resolves in its favour, so the price is the market's probability: 34.00%. In sportsbook terms it is 2.94 decimal or +194 American odds.
How do I convert 34¢ to decimal odds?
Divide 1 by the price in dollars: 1 / 34¢ gives 2.941, shown as 2.94.
What is the NO price when YES is 34¢?
On a liquid market the NO side is about $1.00 minus the YES price, so roughly 66.00% in cents. The difference from exactly $1.00 in total is the spread.
Is 34¢ better than the sportsbook price?
Compare after fees. At 34¢ the share is worth 2.94 decimal before fees and 2.902 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 34¢?
100 dollars buys 100 / 34¢ shares, which pay 294.12 in total on a win: a profit of 194.12.