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Moneyline

911 bytes added, 18:57, 29 October 2019
Decimal odds format is commonly used in Canada and across Europe. A decimal number is used to indicate potential return. Multiplying the decimal odds by the amount risked will calculate the total return (risk and profit) if the wager were to win.
Two competing teams with equal decimal odds would normally be set at 1.91 due to the bookmaker's commission. A risk of $110 would yield a $210 return on either side for a net profit of $100. This can be verified by multiplying the risk and odds together. The more a team is favored to win the smaller the decimal odds will be. Odds of 1.5 50 would require a $200 risk to generate the same $100 profit. {| class="wikitable" style="text-align: center; margin: auto;"|- style="background-color:#eaecf0;"|'''Moneyline Odds'''|'''Risk'''|'''Profit'''|'''Return'''|-| 1.20|$500|$100|$600|-| 1.40|$250|$100|$350|-| 1.50|$200|$100|$300|-| 1.67|$150|$100|$250|- | 1.91|$110|$100|$210|} The larger the decimal odds the greater the total return will be relative to the initial risk. Placing $100 on a moneyline at 2.50 odds will grant a return of $250 for a profit of $150. {| class="wikitable" style="text-align: center; margin: auto;"|- style="background-color:#eaecf0;"|'''Moneyline Odds'''|'''Risk'''|'''Profit'''|'''Return'''|-| 1.95|$105|$100|$205|-| 1.99|$101|$100|$201|-| 2.00|$100|$100|$200|-| 2.01|$100|$101|$201|- | 2.05|$100|$105|$205|} Using the same NFL example as before the New England Patriots are favored to win with 1.55 moneyline odds.
{| class="wikitable" style="text-align: center; margin: auto;"