diff --git a/common/util/format.ts b/common/util/format.ts
index d7e381b4..05a8f702 100644
--- a/common/util/format.ts
+++ b/common/util/format.ts
@@ -19,8 +19,8 @@ export function formatWithCommas(amount: number) {
 }
 
 export function formatPercent(zeroToOne: number) {
-  // Show 1 decimal place if <2% or >99%
-  const decimalPlaces = zeroToOne < 0.02 || zeroToOne > 0.99 ? 1 : 0
+  // Show 1 decimal place if <2% or >98%, giving more resolution on the tails
+  const decimalPlaces = zeroToOne < 0.02 || zeroToOne > 0.98 ? 1 : 0
   return (zeroToOne * 100).toFixed(decimalPlaces) + '%'
 }
 
diff --git a/web/components/answers/answer-bet-panel.tsx b/web/components/answers/answer-bet-panel.tsx
index fa508937..65758f0b 100644
--- a/web/components/answers/answer-bet-panel.tsx
+++ b/web/components/answers/answer-bet-panel.tsx
@@ -95,7 +95,7 @@ export function AnswerBetPanel(props: {
     : 0
 
   const currentReturn = betAmount ? (currentPayout - betAmount) / betAmount : 0
-  const currentReturnPercent = (currentReturn * 100).toFixed() + '%'
+  const currentReturnPercent = formatPercent(currentReturn)
 
   return (
     <Col className={clsx('px-2 pb-2 pt-4 sm:pt-0', className)}>
diff --git a/web/components/bet-panel.tsx b/web/components/bet-panel.tsx
index 21c15a50..16fb2a4f 100644
--- a/web/components/bet-panel.tsx
+++ b/web/components/bet-panel.tsx
@@ -112,7 +112,7 @@ export function BetPanel(props: {
     : 0
 
   const currentReturn = betAmount ? (currentPayout - betAmount) / betAmount : 0
-  const currentReturnPercent = (currentReturn * 100).toFixed() + '%'
+  const currentReturnPercent = formatPercent(currentReturn)
 
   const panelTitle = title ?? 'Place a trade'
   if (title) {