See the probability represented by any displayed price
Implied probability describes the break-even probability before considering market margin, account restrictions, fees or settlement differences. It is not a prediction that an outcome will occur.
Implied probability = 1 ÷ decimal odds. Multiply the result by 100 to express it as a percentage.Examples
- Decimal odds of 2.50 imply 40.00%.
- American odds of -200 convert to 1.50 decimal and imply 66.67%.
Frequently asked questions
Why can all outcomes add up to more than 100%?
Sportsbook prices commonly include a margin. The implied probabilities of every outcome may therefore total more than 100%.
Is implied probability a win prediction?
No. It is the break-even probability represented by a price, not a guarantee or forecast.