66¢ Polymarket Price Explained
- Decimal
- 1.52
- American
- -194
- Fractional
- 17/33
- Implied probability
- 66.00%
- Polymarket
- 66¢
- $100 wins
- 51.52
- American
- -194
- Fractional
- 17/33
- Implied probability
- 66.00%
- Polymarket
- 66¢
- Profit
- 51.52
- Total return
- 151.52
1.515 decimal, -194 American, 66.00% implied probability
A Polymarket share priced at 66¢ pays $1.00 if the market resolves in its favour, so the price is the market's probability: 66.00%. In sportsbook terms that is 1.52 decimal odds or -194 American odds. The NO side of the same market sits near 34.00%.
What a 66¢ 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 151.52, a profit of 51.52.
| Stake | Profit | Total return |
|---|---|---|
| 10 | 5.15 | 15.15 |
| 25 | 12.88 | 37.88 |
| 50 | 25.76 | 75.76 |
| 100 | 51.52 | 151.52 |
| 500 | 257.58 | 757.58 |
| 1,000 | 515.15 | 1,515.15 |
Break-even and long-run results
Because the price is a probability, the break-even rate is the price itself: 66.00%. If your own estimate of the outcome is higher than 66.00%, the share is value; if it is lower, it is not.
| Win rate | Return on stake |
|---|---|
| 50% | -24.2% |
| 55% | -16.7% |
| 60% | -9.1% |
| 65% | -1.5% |
| 66% | 0.0% |
66¢ is a favourite's price on a prediction market, implying 66.00%. Compare it with a sportsbook's price on the same event: if the book offers better than -194 on the same side, or better than the complement on the other side, one of the two venues is mispriced.
Converting 66¢ by hand
Treat the price as a probability: 66¢ is 66.00%. Decimal odds are one divided by that, 1.515, which bookmakers would display as 1.52. American odds follow from the decimal price: a favourite, so −100 divided by (1.515 − 1) gives -194. In fractional terms the closest traditional price is 17/33.
YES, NO and the spread
On a liquid market the YES and NO prices add up to about $1.00; at 66¢ the NO side should be near 34.00%. 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 1.505 decimal, at 5% 1.489. A sportsbook offering better than the effective price beats the market.
| Commission | Effective decimal | Effective American | Break-even |
|---|---|---|---|
| 2% | 1.505 | -198 | 66.45% |
| 5% | 1.489 | -204 | 67.14% |
Same price in other formats
Nearby prices
Nearby prices
Frequently asked questions
What does a 66¢ price mean on Polymarket?
A share costs 66¢ and pays $1.00 if the market resolves in its favour, so the price is the market's probability: 66.00%. In sportsbook terms it is 1.52 decimal or -194 American odds.
How do I convert 66¢ to decimal odds?
Divide 1 by the price in dollars: 1 / 66¢ gives 1.515, shown as 1.52.
What is the NO price when YES is 66¢?
On a liquid market the NO side is about $1.00 minus the YES price, so roughly 34.00% in cents. The difference from exactly $1.00 in total is the spread.
Is 66¢ better than the sportsbook price?
Compare after fees. At 66¢ the share is worth 1.52 decimal before fees and 1.505 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 66¢?
100 dollars buys 100 / 66¢ shares, which pay 151.52 in total on a win: a profit of 51.52.