Prediction Primer Open Polymarket

Polymarket odds converter

A Polymarket price in cents equals the implied probability: 25¢ = 25%. In decimal odds that is 1 ÷ 0.25 = 4.00, in American odds +300 and in fractional 3/1.

Quick reference

Polymarket priceProbabilityDecimalAmerican
10¢10%10.00+900
25¢25%4.00+300
50¢50%2.00+100 / −100
75¢75%1.33−300
90¢90%1.11−900

Sportsbook odds include a margin (the vig), so their implied probabilities add up to more than 100%. Polymarket prices are set by traders, and the main costs are the spread and the taker fee. See Polymarket vs sportsbooks.

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