What are American Odds?

Nigel Badolato asked, updated on January 22nd, 2021; Topic: american odds
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American Odds are the default odds at These odds are based on winning $100 for a given bet.

Betting a Favorite: The odds for favorites will have a minus (-) sign, and represent the money you need to risk to win $100.

So if you're betting on the Packers at -140 against the Vikings, that means Green Bay is a slight favorite. You need to risk $140 to win $100 on the Packers. If they win, you profit $100 and get your original $140 back.

Betting an Underdog: The odds for underdogs will have a plus (+) sign in front, and represent the money you can win for every $100 risked.

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Basically, how do you multiply betting odds?

To work out your winnings, for positive odds multiply your wager by the odds then divide it by 100 and add your stake, so $10 at +450 = (10 x 450 = 4500 ÷ 100 = 45 + 10 =) $55. For negative odds, multiply your stake by 100 then divide by the price and add your stake, so $10 at -250 = (10 x 100 = 1000 ÷ 250 = 4 + 10 =)

In overall, how do you convert betting odds? When the moneyline price is negative, take 100 and divide it by the moneyline amount (first removing the minus sign), and add 1. So for a -400 price it would be 100 ÷ 400 + 1 = 1.25. For conversion of fractional odds to decimal take the first figure and divide it by the second figure then add 1.00.

At the least, what does 6 to 5 odds pay?

Standard Win Bets and Payouts

Odds$ Payout$2 Payout
4/5$3.60$9.00
1/1$4.00$10.00
6/5$4.40$11.00
7/5$4.80$12.00

What does 4 to 9 odds mean?

This means that out of 13 possible outcomes, odds are that there will be 4 of one kind of outcome and 9 of another kind of outcome. For every 13, odds are that 4 will be a particular event and 9 will be another event.

2 Related Questions Answered

What do Odds 6 4 mean?

This means that out of 10 possible outcomes, odds are that there will be 6 of one kind of outcome and 4 of another kind of outcome. For every 10, odds are that 6 will be a particular event and 4 will be another event. 6 to 4 probability.

What does 6 to 1 odds pay?

A fractional listing of 6/1 (six-to-one) odds would mean that you win $6 against every $1 you wager (in addition to receiving your dollar back, i.e. $1 – the amount you wagered).