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Consequently, the larger the underdog the more positive the odds will be. A moneyline set at +150 will require a smaller risk of $100 to produce a greater profit of $150. The table below visualizes the transition from negative to positive odds:
{| class="wikitable" style="text-align: center; margin: auto;"
|- style="background-color:#eaecf0;"
|'''Moneyline Odds'''
|'''Risk'''
|'''Profit'''
|'''Return'''
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== How American Odds Work ==
The betting odds for any market will be either a positive or negative number. The negative numbers require an initial risk of that amount in order to profit $100. The more favored a market is to win the larger the negative number as the bettor is required to risk more money for a fixed return. In the example below the New England Patriots are -180 favorites on the [[moneyline]]. A risk of $180 would yield $100 profit for a total return of $280.
{| class="wikitable" style="text-align: center; margin: auto;"
|}
Positive numbers will require a risk of $100 in order to profit that amount. Using the same example the Baltimore Ravens are +160 underdogs on the moneyline. A bettor who risks $100 would stand to make $160 profit for a total return of $260. It's important to note that the bettor can wager any amount they want within their sportsbook's defined limits and are not restricted to $100 intervals.
The positive numbers require an initial risk of $100 to profit that amount. Wagering on more favored a market with +125 odds would give a $100 bet a profit of $125 for a total return of $225. The industry standard for is to win the more negative the odds of two teams or players with equal American odds will be set at -110 for both sides. This means that a bet on either side Two competing teams with equal moneyline odds would normally be set at -110 due The bettor is required to the bookmaker's commission (known as the [[vig]]). A risk of $110 would larger amounts to yield a the same $100 profit on either side. The Consequently the more of an underdog a team market is favored to win the more negative larger the moneyline odds positive number. The bettor will become. Odds of -150 would now require receive a greater risk of return on their $150 100 wager if it were to profit $100win. The following table features some example payouts for American odds as well as displays the transition between positive and negative odds.
{| class="wikitable" style="text-align: center; margin: auto;"
|$350
|-
| -200125|$200|$100|$300|-| -150|$150125
|$100
|$250225
|-
| -110
|$100
|$210
|-
| -105
|$105
|$205
|-
| +110
|$100
|$210
|-
| +125
|$100
|$125
|$225
|-
| +250
|$100
|$250
|$350
|-
| +500
|$100
|$500
|$600
|}
In the example below the New England Patriots are favored to win with -180 moneyline odds. A bet of $180 would yield a profit of $100 for a total return of $280 in the event of an outright Patriot victory by any margin. The Baltimore Ravens are underdogs with +160 moneyline odds. A wager of $100 would produce a $160 profit and a total return of $260 should the Ravens win.