57¢ Polymarket Price Explained
- Decimal
- 1.75
- American
- -133
- Fractional
- 43/57
- Implied probability
- 57.00%
- Polymarket
- 57¢
- $100 wins
- 75.44
- American
- -133
- Fractional
- 43/57
- Implied probability
- 57.00%
- Polymarket
- 57¢
- Profit
- 75.44
- Total return
- 175.44
1.754 decimal, -133 American, 57.00% implied probability
A Polymarket share priced at 57¢ pays $1.00 if the market resolves in its favour, so the price is the market's probability: 57.00%. In sportsbook terms that is 1.75 decimal odds or -133 American odds. The NO side of the same market sits near 43.00%.
What a 57¢ 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 175.44, a profit of 75.44.
| Stake | Profit | Total return |
|---|---|---|
| 10 | 7.54 | 17.54 |
| 25 | 18.86 | 43.86 |
| 50 | 37.72 | 87.72 |
| 100 | 75.44 | 175.44 |
| 500 | 377.19 | 877.19 |
| 1,000 | 754.39 | 1,754.39 |
Break-even and long-run results
Because the price is a probability, the break-even rate is the price itself: 57.00%. If your own estimate of the outcome is higher than 57.00%, the share is value; if it is lower, it is not.
| Win rate | Return on stake |
|---|---|
| 50% | -12.3% |
| 55% | -3.5% |
| 57% | -0.0% |
| 60% | 5.3% |
| 65% | 14.0% |
57¢ is a favourite's price on a prediction market, implying 57.00%. Compare it with a sportsbook's price on the same event: if the book offers better than -133 on the same side, or better than the complement on the other side, one of the two venues is mispriced.
Converting 57¢ by hand
Treat the price as a probability: 57¢ is 57.00%. Decimal odds are one divided by that, 1.754, which bookmakers would display as 1.75. American odds follow from the decimal price: a favourite, so −100 divided by (1.754 − 1) gives -133. In fractional terms the closest traditional price is 43/57.
YES, NO and the spread
On a liquid market the YES and NO prices add up to about $1.00; at 57¢ the NO side should be near 43.00%. 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 1.739 decimal, at 5% 1.717. A sportsbook offering better than the effective price beats the market.
| Commission | Effective decimal | Effective American | Break-even |
|---|---|---|---|
| 2% | 1.739 | -135 | 57.49% |
| 5% | 1.717 | -140 | 58.25% |
Same price in other formats
Nearby prices
Nearby prices
Frequently asked questions
What does a 57¢ price mean on Polymarket?
A share costs 57¢ and pays $1.00 if the market resolves in its favour, so the price is the market's probability: 57.00%. In sportsbook terms it is 1.75 decimal or -133 American odds.
How do I convert 57¢ to decimal odds?
Divide 1 by the price in dollars: 1 / 57¢ gives 1.754, shown as 1.75.
What is the NO price when YES is 57¢?
On a liquid market the NO side is about $1.00 minus the YES price, so roughly 43.00% in cents. The difference from exactly $1.00 in total is the spread.
Is 57¢ better than the sportsbook price?
Compare after fees. At 57¢ the share is worth 1.75 decimal before fees and 1.739 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 57¢?
100 dollars buys 100 / 57¢ shares, which pay 175.44 in total on a win: a profit of 75.44.