Implied probability is the number that matters: it is what the price says the outcome's chance is, before the book's margin is considered.
How it works
- 1Pick the input format. American, decimal, fractional, or an implied percentage.
- 2Enter the price and your stake. The other three formats, the implied probability, and the payout compute instantly.
- 3Read the implied probability. 1 ÷ decimal odds — the chance the price is charging you for.
What does −110 mean in betting odds?
−110 means you must risk $110 to win $100, which is 1.91 in decimal odds and a 52.38% implied probability. The extra 2.38 points over a coin flip is the sportsbook's margin on a standard two-sided market.
Dynatyze Betting is analytics and education for people 21 and over. It is not a sportsbook: no wager is ever placed on Dynatyze — the tools help you find and price the best available bet elsewhere. If gambling stops being fun, help is free and confidential at 1-800-GAMBLER.