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Sports betting odds: American, decimal and fractional

Betting odds are not the same all

over the world. Depending on where you 3️⃣ are, you will be presented with one of three

different formats. It’s always worth reminding yourself that the probability they 3️⃣ are

expressing is the same – and that you can convert from one to another quite easily. You

can compare 3️⃣ all three formats using our free online odds calculator.

American odds

Also

known as moneyline odds or US odds, it is always 3️⃣ displayed using a bet total ofR$100.

The odds for the favorite, which will have a minus sign (-) in front 3️⃣ of them, show the

amount you need to bet to winR$100. The odds for the underdog, which will carry a 3️⃣ plus

sign (+), show how much you will win if you betR$100 on your choice.

If the Kansas City

Chiefs are 3️⃣ the favorites to win, their odds might be -175, and you’ll have to betR$175

to winR$100 – a total return 3️⃣ ofR$275. Their opponents, the Tampa Bay Buccaneers, may be

priced at +145, and you’ll have to betR$100 to winR$145 – 3️⃣ a total return ofR$245.

©

Jayne Kamin-Oncea-USA TODAY Sports

Decimal odds

Decimal odds are used in many parts of

the world, including Europe, 3️⃣ Australia and New Zealand. The main thing to remember when

you see decimal odds is that they include the stake 3️⃣ that will be returned to you. This

is not the case with American or fractional odds.

If you look at the 3️⃣ market for a major

European horse race and the favorite is priced at 3.50, that means if you stakeR$100

you 3️⃣ will winR$350. Decimal odds may look unfamiliar to you at first but it doesn’t take

long to be comfortable with 3️⃣ them.

Fractional odds

Fractional odds are distinctly

old-school and are used in the United Kingdom and Ireland. The best way to understand

3️⃣ them is to add the numbers either side of the dash together. Once you’ve done that, the

number on the 3️⃣ right of the slash is how often out of that total a certain event should

happen.

If a competitor is 1/5, 3️⃣ that means out of every six times the event occurs they

should win five times – so they are a 3️⃣ heavy favorite. Taken literally, this means, for

everyR$5 you bet, you’ll getR$1 in return. If they are 10/1, they should 3️⃣ win once every

11 times – so there is less chance it will happen. Which means, for everyR$1 you bet,

3️⃣ you’ll getR$10 in return.

To calculate your winnings, divide your stake by the number

on the right and multiply the result 3️⃣ by the number on the left.

© Kareem Elgazzar/The

Enquirer / USA TODAY NETWORK

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