If you bet $100 on the favorite, the number shows how much you will win. In order to get the possible earnings with American odds, the standard number of these bets is $100, either as an investment or as winnings.

In these cases, the lower number represents the favorite, and the higher number represents the underdog. It’s also possible to see both teams with a negative or a positive number. The minus is the favorite to win, and the plus is the underdog. The odds are represented by a minus (-) and a plus (+) number. Multiply the decimal odds shown by 75 to show the profit.Īmerican odds have a reputation for being difficult to understand, although it isn’t that difficult.

When learning how to bet on sports, decimal odds most closely represent the possible profit when betting on your favorite team. Difference Between Decimal and American Odds sportsbooks, and the fractional system is the least common. To read the sports betting lines, you must first consider the three most used types of odds – decimal, fractional, and American. Once you know what they work for, learning how to use them to your advantage will be very simple.Īlthough everything remains a probability when betting, your expertise and the strategic way you think will help you hit the results and, of course, obtain profits from it in many cases. The bet lines are another way to know the bet’s odds or probability. They’re created to help bettors deduce their possible winnings and the favored team. The odds in sports betting represent the probability that an event will happen (both positive and negative). Sports betting lines are easy to understand once you have a handle on the data and knowledge of the sports information.

While the information may seem overwhelming initially, putting everything in order doesn’t take much time. For many novice sports bettors, the first time they enter a betting site, they notice a lot of confusing numbers and concepts.

How to understand sports betting odds