Decimal odds explainedĭecimal odds are the preferred variation for most countries outside of the U.S., including Europe, which is why they are often referred to as “European odds”. The positive value indicates that the odds are “plus money” and return more profit than the amount risked on the bet. For example, a bet placed at +400 odds would profit $400 on a $100 wager. For example, a bet placed at -400 odds would require you to wager $400 to profit $100.īets with lower implied probability are given a positive value. 110 odds require a $110 wager to win $100.īets with higher implied probability are given a higher negative value.The most common American odds you’ll see is -110 and is often seen as the juice/vig on points spreads and Over/Under Totals. An easy way to think about American odds calculation is to think of them as currency exchanges in $100 increments.

American odds explainedĪmerican odds are presented in hundreds and thousands and are defined by the positive (+) or negative (-) value assigned. Use our betting odds and moneyline calculator tool above to convert these odds and learn more about them below. While they all mean the same thing, understanding how they work with your wager can be tricky. The way sports betting odds are presented can differ between American, Fractional, and Decimal.