37¢ Polymarket Price Explained
- Decimal
- 2.70
- American
- +170
- Fractional
- 63/37
- Implied probability
- 37.00%
- Polymarket
- 37¢
- $100 wins
- 170.27
- American
- +170
- Fractional
- 63/37
- Implied probability
- 37.00%
- Polymarket
- 37¢
- Profit
- 170.27
- Total return
- 270.27
2.703 decimal, +170 American, 37.00% implied probability
Buying at 37¢ means risking 37¢ to win the rest of a dollar. That is a payout ratio of 2.70 (decimal odds) or +170 in American notation, and it implies an implied probability of 37.00% probability before fees.
What a 37¢ 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 270.27, a profit of 170.27.
| Stake | Profit | Total return |
|---|---|---|
| 10 | 17.03 | 27.03 |
| 25 | 42.57 | 67.57 |
| 50 | 85.14 | 135.14 |
| 100 | 170.27 | 270.27 |
| 500 | 851.35 | 1,351.35 |
| 1,000 | 1,702.70 | 2,702.70 |
Break-even and long-run results
Because the price is a probability, the break-even rate is the price itself: 37.00%. If your own estimate of the outcome is higher than 37.00%, the share is value; if it is lower, it is not.
| Win rate | Return on stake |
|---|---|
| 37% | 0.0% |
| 50% | 35.1% |
| 55% | 48.6% |
| 60% | 62.2% |
| 65% | 75.7% |
37¢ is an underdog share with an implied chance of 37.00% and a payout of 170.27 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 37¢ by hand
Treat the price as a probability: 37¢ is 37.00%. Decimal odds are one divided by that, 2.703, which bookmakers would display as 2.70. American odds follow from the decimal price: an underdog, so (2.703 − 1) × 100 gives +170. In fractional terms the closest traditional price is 63/37.
YES, NO and the spread
On a liquid market the YES and NO prices add up to about $1.00; at 37¢ the NO side should be near 63.00%. 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 2.669 decimal, at 5% 2.618. A sportsbook offering better than the effective price beats the market.
| Commission | Effective decimal | Effective American | Break-even |
|---|---|---|---|
| 2% | 2.669 | +167 | 37.47% |
| 5% | 2.618 | +162 | 38.20% |
Same price in other formats
Nearby prices
Nearby prices
Frequently asked questions
What does a 37¢ price mean on Polymarket?
A share costs 37¢ and pays $1.00 if the market resolves in its favour, so the price is the market's probability: 37.00%. In sportsbook terms it is 2.70 decimal or +170 American odds.
How do I convert 37¢ to decimal odds?
Divide 1 by the price in dollars: 1 / 37¢ gives 2.703, shown as 2.70.
What is the NO price when YES is 37¢?
On a liquid market the NO side is about $1.00 minus the YES price, so roughly 63.00% in cents. The difference from exactly $1.00 in total is the spread.
Is 37¢ better than the sportsbook price?
Compare after fees. At 37¢ the share is worth 2.70 decimal before fees and 2.669 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 37¢?
100 dollars buys 100 / 37¢ shares, which pay 270.27 in total on a win: a profit of 170.27.