American Odds

American Odds

Basic Betting

Definition

Odds format commonly used in the U.S., denoted by a plus or minus number. +Odds show how much profit a \$100 bet would win, while -Odds show how much must be bet to win \$100.

Formula

If odds = -X: need to risk \$X to win \$100; if odds = +Y: a \$100 bet wins \$Y profit.

Example

Odds of **-200** mean you wager \$200 to win \$100 profit (indicating a favorite). Odds of **+200** mean a \$100 bet wins \$200 profit (an underdog).