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American odds

306 bytes removed, 16:41, 1 November 2019
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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 should be noted that any amount within a sportsbook's limits can be wagered. The $100 base risk and return are simply to make the odds easier to visualize.
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 positive number; the moneyline odds bettor will become. Odds of -150 would now require receive a greater risk of return on their $150 100 wager if it were to win. Here are some example odds with their respective risk, profit $100., and return:
{| class="wikitable" style="text-align: center; margin: auto;"
|- style="background-color:#eaecf0;"
|'''Moneyline American Odds'''
|'''Risk'''
|'''Profit'''
|$350
|-
| -200125|$200|$100|$300|-| -150|$150125
|$100
|$250225
|-
| -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
|$205
|-
| +110
|$100
|$110
|$210
|-
| +125
|$100
|$125
|$225
|-
| +250
|$100
|$250
|$350
|-
| +500
|$100
|$500
|$600
|}
In The transition between positive and negative odds can be observed in the example below the New England Patriots are favored table above. A wager that features a 1-to win with -180 moneyline 1 return would have +100 odds. A bet of $180 would yield since a profit of $100 for risk returns a total return of $280 in the event 100 profit. However two sides of an outright Patriot victory by any margin. The Baltimore Ravens are underdogs a betting market with +160 moneyline equal oddswill instead be set at -110. This is due to the bookmaker's commission known as the [[vig]]. A wager In the example below both sides of $100 would produce a $160 profit the [[spread]] and a [[total return of $260 should the Ravens win]] have -110 odds.
{| class="wikitable" style="text-align: center; margin: auto;"