What these odds mean is that the punter looking to back the Bulls with $100 will win a $585 if the Bulls win coupled with the staked amount meaning the grand total he gets to walk away with is a cool $685. To put the above into perspective, suppose there is a match between the New York Red Bulls and Houston Dynamo with the Bulls having odds of +585 and the Houston Dynamo having odds of -760. On the other hand, when it comes to the odds of the underdog, the number which is placed after the (+) sign indicates the amount won for every $100 staked. When it comes to the odds for the favourite, the number which is placed after the (-) sign indicates the amount that the punter needs to stake in order to win $100. The (-) sign is used for odds of the favourite in a tie/event while the (+) sign is used for odds for the underdog in a tie/event.

American odds are prefixed with either a (-) sign or a (+) sign. What are American Odds?Īmerican odds are also known as moneyline odds or US odds. In this article, we are going to expose the different types of odds starting off with American odds. The way the odds are presented determines the type of the odds. Well, when it comes to odds, punters ought to note that they can be presented in different ways. Placing bets while cognizant of the odds between the teams going to head to head enables the player to place the bets from an informed position and in doing so enhance one’s chances of winning. When looking to back any team and place some bets, it’s important that punters know the odds for the team they are betting for and the one they are betting against. As such, this basically means odds represent the amount the player wins against each stake placed. Odds are the special numbers which determine the favourite and the underdog in a match/event. Betting, be it sports betting, novelty betting or any other form of betting that one may think of is guided by odds.

Sports betting american odds calculator