43¢ Polymarket Price Explained
- Decimal
- 2.33
- American
- +133
- Fractional
- 57/43
- Implied probability
- 43.00%
- Polymarket
- 43¢
- $100 wins
- 132.56
- American
- +133
- Fractional
- 57/43
- Implied probability
- 43.00%
- Polymarket
- 43¢
- Profit
- 132.56
- Total return
- 232.56
2.326 decimal, +133 American, 43.00% implied probability
43¢ is what a YES (or NO) share costs when the market thinks the outcome is 43.00% likely. Because a winning share pays a dollar, dividing one by the price gives the decimal odds, 2.33, and from there the American price of +133.
What a 43¢ 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 232.56, a profit of 132.56.
| Stake | Profit | Total return |
|---|---|---|
| 10 | 13.26 | 23.26 |
| 25 | 33.14 | 58.14 |
| 50 | 66.28 | 116.28 |
| 100 | 132.56 | 232.56 |
| 500 | 662.79 | 1,162.79 |
| 1,000 | 1,325.58 | 2,325.58 |
Break-even and long-run results
Because the price is a probability, the break-even rate is the price itself: 43.00%. If your own estimate of the outcome is higher than 43.00%, the share is value; if it is lower, it is not.
| Win rate | Return on stake |
|---|---|
| 43% | 0.0% |
| 50% | 16.3% |
| 55% | 27.9% |
| 60% | 39.5% |
| 65% | 51.2% |
43¢ is an underdog share with an implied chance of 43.00% and a payout of 132.56 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 43¢ by hand
Treat the price as a probability: 43¢ is 43.00%. Decimal odds are one divided by that, 2.326, which bookmakers would display as 2.33. American odds follow from the decimal price: an underdog, so (2.326 − 1) × 100 gives +133. In fractional terms the closest traditional price is 57/43.
YES, NO and the spread
On a liquid market the YES and NO prices add up to about $1.00; at 43¢ the NO side should be near 57.00%. 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 2.299 decimal, at 5% 2.259. A sportsbook offering better than the effective price beats the market.
| Commission | Effective decimal | Effective American | Break-even |
|---|---|---|---|
| 2% | 2.299 | +130 | 43.50% |
| 5% | 2.259 | +126 | 44.26% |
Same price in other formats
Same price in other formats
Nearby prices
Nearby prices
Frequently asked questions
What does a 43¢ price mean on Polymarket?
A share costs 43¢ and pays $1.00 if the market resolves in its favour, so the price is the market's probability: 43.00%. In sportsbook terms it is 2.33 decimal or +133 American odds.
How do I convert 43¢ to decimal odds?
Divide 1 by the price in dollars: 1 / 43¢ gives 2.326, shown as 2.33.
What is the NO price when YES is 43¢?
On a liquid market the NO side is about $1.00 minus the YES price, so roughly 57.00% in cents. The difference from exactly $1.00 in total is the spread.
Is 43¢ better than the sportsbook price?
Compare after fees. At 43¢ the share is worth 2.33 decimal before fees and 2.299 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 43¢?
100 dollars buys 100 / 43¢ shares, which pay 232.56 in total on a win: a profit of 132.56.