5¢ Polymarket Price Explained
- Decimal
- 20.00
- American
- +1,900
- Fractional
- 19/1
- Implied probability
- 5.00%
- Polymarket
- 5¢
- $100 wins
- 1,900.00
- American
- +1,900
- Fractional
- 19/1
- Implied probability
- 5.00%
- Polymarket
- 5¢
- Profit
- 1,900.00
- Total return
- 2,000.00
20.000 decimal, +1,900 American, 5.00% implied probability
5¢ is what a YES (or NO) share costs when the market thinks the outcome is 5.00% likely. Because a winning share pays a dollar, dividing one by the price gives the decimal odds, 20.00, and from there the American price of +1,900.
What a 5¢ 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 2,000.00, a profit of 1,900.00.
| Stake | Profit | Total return |
|---|---|---|
| 10 | 190.00 | 200.00 |
| 25 | 475.00 | 500.00 |
| 50 | 950.00 | 1,000.00 |
| 100 | 1,900.00 | 2,000.00 |
| 500 | 9,500.00 | 10,000.00 |
| 1,000 | 19,000.00 | 20,000.00 |
Break-even and long-run results
Because the price is a probability, the break-even rate is the price itself: 5.00%. If your own estimate of the outcome is higher than 5.00%, the share is value; if it is lower, it is not.
| Win rate | Return on stake |
|---|---|
| 5% | 0.0% |
| 50% | 900.0% |
| 55% | 1,000.0% |
| 60% | 1,100.0% |
| 65% | 1,200.0% |
A 5¢ share is a longshot: 5.00% by the market's estimate, paying 1,900.00 per 100. Thin order books at low prices mean the quoted price and the price you actually get can differ by several cents.
Converting 5¢ by hand
Treat the price as a probability: 5¢ is 5.00%. Decimal odds are one divided by that, 20.000, which bookmakers would display as 20.00. American odds follow from the decimal price: an underdog, so (20.000 − 1) × 100 gives +1,900. In fractional terms the closest traditional price is 19/1.
YES, NO and the spread
On a liquid market the YES and NO prices add up to about $1.00; at 5¢ the NO side should be near 95.00%. 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 19.620 decimal, at 5% 19.050. A sportsbook offering better than the effective price beats the market.
| Commission | Effective decimal | Effective American | Break-even |
|---|---|---|---|
| 2% | 19.620 | +1,862 | 5.10% |
| 5% | 19.050 | +1,805 | 5.25% |
Same price in other formats
Nearby prices
Nearby prices
Frequently asked questions
What does a 5¢ price mean on Polymarket?
A share costs 5¢ and pays $1.00 if the market resolves in its favour, so the price is the market's probability: 5.00%. In sportsbook terms it is 20.00 decimal or +1,900 American odds.
How do I convert 5¢ to decimal odds?
Divide 1 by the price in dollars: 1 / 5¢ gives 20.000, shown as 20.00.
What is the NO price when YES is 5¢?
On a liquid market the NO side is about $1.00 minus the YES price, so roughly 95.00% in cents. The difference from exactly $1.00 in total is the spread.
Is 5¢ better than the sportsbook price?
Compare after fees. At 5¢ the share is worth 20.00 decimal before fees and 19.620 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 5¢?
100 dollars buys 100 / 5¢ shares, which pay 2,000.00 in total on a win: a profit of 1,900.00.