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American odds is a format used to display betting odds. Positive and negative numbers are used to indicate potential profit relative to a 100 unit risk. American odds are frequently used in the United States.
== 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;"
|- style="background-color:#eaecf0;"
|colspan="2"|'''Team'''
|'''Spread'''
|'''Total'''
|'''Moneyline'''
|-
|[[File:Patriots.png|25px]]
|New England Patriots
| -3.5 (-110)
| Over 44.5 (-110)
| -180
|-
|[[File:Ravens.png|25px]]
|Baltimore Ravens
| +3.5 (-110)
| Under 44.5 (-110)
| +160
|}
The positive numbers require an initial risk of $100 to profit that amount. Wagering on a market with +125 odds would give a $100 bet a profit of $125 for a total return of $225.
The industry standard for the odds of two teams or players with equal 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 to the bookmaker's commission (known as the [[vig]]). A risk of $110 would yield a $100 profit on either side. The more a team is favored to win the more negative the moneyline odds will become. Odds of -150 would now require a greater risk of $150 to profit $100.
{| class="wikitable" style="text-align: center; margin: auto;"
|- style="background-color:#eaecf0;"
|'''Moneyline Odds'''
|'''Risk'''
|'''Profit'''
|'''Return'''
|-
| -500
|$500
|$100
|$600
|-
| -250
|$250
|$100
|$350
|-
| -200
|$200
|$100
|$300
|-
| -150
|$150
|$100
|$250
|-
| -110
|$110
|$100
|$210
|}
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'''
|-
| -105
|$105
|$100
|$205
|-
| -101
|$101
|$100
|$201
|-
| +100
|$100
|$100
|$200
|-
| +101
|$100
|$101
|$201
|-
| +105
|$100
|$105
|$205
|}
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.
{| class="wikitable" style="text-align: center; margin: auto;"
|- style="background-color:#eaecf0;"
|colspan="2"|'''Team'''
|'''Spread'''
|'''Total'''
|'''Moneyline'''
|-
|[[File:Patriots.png|25px]]
|New England Patriots
| -3.5 (-110)
| Over 44.5 (-110)
| -180
|-
|[[File:Ravens.png|25px]]
|Baltimore Ravens
| +3.5 (-110)
| Under 44.5 (-110)
| +160
|}
== 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;"
|- style="background-color:#eaecf0;"
|colspan="2"|'''Team'''
|'''Spread'''
|'''Total'''
|'''Moneyline'''
|-
|[[File:Patriots.png|25px]]
|New England Patriots
| -3.5 (-110)
| Over 44.5 (-110)
| -180
|-
|[[File:Ravens.png|25px]]
|Baltimore Ravens
| +3.5 (-110)
| Under 44.5 (-110)
| +160
|}
The positive numbers require an initial risk of $100 to profit that amount. Wagering on a market with +125 odds would give a $100 bet a profit of $125 for a total return of $225.
The industry standard for the odds of two teams or players with equal 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 to the bookmaker's commission (known as the [[vig]]). A risk of $110 would yield a $100 profit on either side. The more a team is favored to win the more negative the moneyline odds will become. Odds of -150 would now require a greater risk of $150 to profit $100.
{| class="wikitable" style="text-align: center; margin: auto;"
|- style="background-color:#eaecf0;"
|'''Moneyline Odds'''
|'''Risk'''
|'''Profit'''
|'''Return'''
|-
| -500
|$500
|$100
|$600
|-
| -250
|$250
|$100
|$350
|-
| -200
|$200
|$100
|$300
|-
| -150
|$150
|$100
|$250
|-
| -110
|$110
|$100
|$210
|}
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'''
|-
| -105
|$105
|$100
|$205
|-
| -101
|$101
|$100
|$201
|-
| +100
|$100
|$100
|$200
|-
| +101
|$100
|$101
|$201
|-
| +105
|$100
|$105
|$205
|}
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.
{| class="wikitable" style="text-align: center; margin: auto;"
|- style="background-color:#eaecf0;"
|colspan="2"|'''Team'''
|'''Spread'''
|'''Total'''
|'''Moneyline'''
|-
|[[File:Patriots.png|25px]]
|New England Patriots
| -3.5 (-110)
| Over 44.5 (-110)
| -180
|-
|[[File:Ravens.png|25px]]
|Baltimore Ravens
| +3.5 (-110)
| Under 44.5 (-110)
| +160
|}