If the odds are listed as 6, a winning bet would receive $5 profit and the original $1 bet. In America, fractional odds are most commonly used in futures betting where almost all the odds have a denominator of 1, making them easier to understand.ĭecimal odds are shown as one number, which is the amount a winning bet would collect on a $1 bet. Underdog bets will have the numerator bigger than the denominator, as in the examples above. That gives you 70 divided by four, or 17.50.įavorite bets will have a denominator larger than the numerator such as 1-2 or 2-5. Multiply the $10 by the numerator, which in this case is seven, then divide by the denominator, which is four.
#BOOKMAKER ODDS PLUS#
Betting $10 with 3-1 odds will give you a $30 profit plus your $10 back.īetting $10 with 7-4 odds would net $17.50 plus the original $10. Multiplying a bet amount by the fraction, will show the profit. Both have similar principles.įractional odds are, as the name indicates, displayed as fractions, like 3-1 or 7-4. Fractional oddsĭecimal and fractional odds are more common outside the United States, but can be found in some American sportsbooks as well. A $100 bet would win $280, in addition to the original $100 bet. The Lakers are the underdog so they have plus odds. A $250 bet on the Celtics on the moneyline, meaning if they win the game by any margin the bet wins, would win $100 (plus a return of the original $250 bet). The same goes for either side of the total (over/under). In this game, both the Celtics and Lakers are -110 if you bet them against the spread. Let’s take a look at how this works for a real game. If you bet $20, you would profit $40.įor the rare even money odds, those can be listed as -100, +100 or EV. A $100 bet with +200 odds nets you $200 profit plus your original $100 bet. Plus odds tell you how much profit you will get on a $100 bet. A $10 bet with -200 odds would give you $5 plus your original $10 bet back. Of course, bets don’t have to be that size, but that proportion will scale up or down. If your odds are -200, you would need to bet $200 to win $100. If the odds are -110, a common number for a bet involving a spread, you would need to bet $110 to win $100. For favored bets, the bet odds will start with a negative number and they tell you how much you need to bet to win $100. American odds are based around $100, but how they relate to $100 varies depending on whether the bet is favored or not. They aren’t as straight-forward as decimal or fractional odds. American oddsĪmerican odds are a bit confusing on their face. There are three common ways for odds to be presented: American odds, fractional odds, and decimal odds. To start, odds are presented in a few different ways and the numbers mean drastically different things depending on what system the sportsbook is using. One of the most important things to understand is how betting odds work and what they mean. For newcomers to sports betting, there are a few things on a bet sheet or an app that will be foreign.
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