Difference between revisions of "American odds"
(Created page with "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 freq...") |
|||
Line 3: | Line 3: | ||
== How American Odds Work == | == 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 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. 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;" | {| class="wikitable" style="text-align: center; margin: auto;" | ||
Line 25: | Line 25: | ||
|} | |} | ||
+ | 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 | + | The more favored a market is to win the more negative the American odds will be. The bettor is required to risk larger amounts to yield the same $100 profit. Consequently the more of an underdog a market is the larger the positive number. The bettor will receive a greater return on their $100 wager if it were to win. 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;" | {| class="wikitable" style="text-align: center; margin: auto;" | ||
Line 52: | Line 46: | ||
|$350 | |$350 | ||
|- | |- | ||
− | | - | + | | -125 |
− | |$ | + | |$125 |
− | |||
− | |||
− | |||
− | |||
− | |||
|$100 | |$100 | ||
− | |$ | + | |$225 |
|- | |- | ||
| -110 | | -110 | ||
Line 66: | Line 55: | ||
|$100 | |$100 | ||
|$210 | |$210 | ||
− | |||
− | |||
− | |||
− | |||
− | |||
− | |||
− | |||
− | |||
− | |||
− | |||
|- | |- | ||
| -105 | | -105 | ||
Line 101: | Line 80: | ||
|$105 | |$105 | ||
|$205 | |$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. | 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. |
Revision as of 16:19, 1 November 2019
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. 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.
Team | Spread | Total | Moneyline | |
New England Patriots | -3.5 (-110) | Over 44.5 (-110) | -180 | |
Baltimore Ravens | +3.5 (-110) | Under 44.5 (-110) | +160 |
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 more favored a market is to win the more negative the American odds will be. The bettor is required to risk larger amounts to yield the same $100 profit. Consequently the more of an underdog a market is the larger the positive number. The bettor will receive a greater return on their $100 wager if it were to win. The following table features some example payouts for American odds as well as displays the transition between positive and negative odds.
Moneyline Odds | Risk | Profit | Return |
-500 | $500 | $100 | $600 |
-250 | $250 | $100 | $350 |
-125 | $125 | $100 | $225 |
-110 | $110 | $100 | $210 |
-105 | $105 | $100 | $205 |
-101 | $101 | $100 | $201 |
+100 | $100 | $100 | $200 |
+101 | $100 | $101 | $201 |
+105 | $100 | $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.
Team | Spread | Total | Moneyline | |
New England Patriots | -3.5 (-110) | Over 44.5 (-110) | -180 | |
Baltimore Ravens | +3.5 (-110) | Under 44.5 (-110) | +160 |