64¢ Polymarket Price Explained
- Decimal
- 1.56
- American
- -178
- Fractional
- 9/16
- Implied probability
- 64.00%
- Polymarket
- 64¢
- $100 wins
- 56.25
- American
- -178
- Fractional
- 9/16
- Implied probability
- 64.00%
- Polymarket
- 64¢
- Profit
- 56.25
- Total return
- 156.25
1.563 decimal, -178 American, 64.00% implied probability
At 64¢ a YES share implies a 64% chance: decimal 1.5625, American -178 (exactly -177.78). A sportsbook offering -170 on the same outcome is a better price than the market; one offering -185 is worse.
What a 64¢ 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 156.25, a profit of 56.25.
| Stake | Profit | Total return |
|---|---|---|
| 10 | 5.63 | 15.63 |
| 25 | 14.06 | 39.06 |
| 50 | 28.13 | 78.13 |
| 100 | 56.25 | 156.25 |
| 500 | 281.25 | 781.25 |
| 1,000 | 562.50 | 1,562.50 |
Break-even and long-run results
Because the price is a probability, the break-even rate is the price itself: 64.00%. If your own estimate of the outcome is higher than 64.00%, the share is value; if it is lower, it is not.
| Win rate | Return on stake |
|---|---|
| 50% | -21.9% |
| 55% | -14.1% |
| 60% | -6.3% |
| 64% | 0.0% |
| 65% | 1.6% |
64¢ is a favourite's price on a prediction market, implying 64.00%. Compare it with a sportsbook's price on the same event: if the book offers better than -178 on the same side, or better than the complement on the other side, one of the two venues is mispriced.
Converting 64¢ by hand
Treat the price as a probability: 64¢ is 64.00%. Decimal odds are one divided by that, 1.563, which bookmakers would display as 1.56. American odds follow from the decimal price: a favourite, so −100 divided by (1.563 − 1) gives -178. In fractional terms the closest traditional price is 9/16.
YES, NO and the spread
On a liquid market the YES and NO prices add up to about $1.00; at 64¢ the NO side should be near 36.00%. 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 1.551 decimal, at 5% 1.534. A sportsbook offering better than the effective price beats the market.
| Commission | Effective decimal | Effective American | Break-even |
|---|---|---|---|
| 2% | 1.551 | -181 | 64.46% |
| 5% | 1.534 | -187 | 65.17% |
Same price in other formats
Nearby prices
Nearby prices
Frequently asked questions
What does a 64¢ price mean on Polymarket?
A share costs 64¢ and pays $1.00 if the market resolves in its favour, so the price is the market's probability: 64.00%. In sportsbook terms it is 1.56 decimal or -178 American odds.
How do I convert 64¢ to decimal odds?
Divide 1 by the price in dollars: 1 / 64¢ gives 1.563, shown as 1.56.
What is the NO price when YES is 64¢?
On a liquid market the NO side is about $1.00 minus the YES price, so roughly 36.00% in cents. The difference from exactly $1.00 in total is the spread.
Is 64¢ better than the sportsbook price?
Compare after fees. At 64¢ the share is worth 1.56 decimal before fees and 1.551 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 64¢?
100 dollars buys 100 / 64¢ shares, which pay 156.25 in total on a win: a profit of 56.25.