Read about US Moneyline odds in more detail. The total return would be $800.Įven money shots indicate that there is a 50% chance of success and in theory could be expressed as -100 or +100, as ultimately $100 staked at these odds equals $100 profit. This means that $700 will have to be staked to make $100 profit. Betting on a Floyd Mayweather fight (where he is always a heavy favourite), punters are likely to see odds of -700 for the undefeated star. Positive odds are used for the outcome which is deemed to be less likely.Ī negative figure on the moneyline indicates a betting favourite and indicates how much needs to be staked to win $100. For example, if the Denver Broncos were available for a match at +120, for every $100 staked, the profit would be $120 and the total return would be $220. If the figure for a team is positive, then it refers to how much profit will be made based on a $100 dollar wager. Moneyline odds are worked out to a bet of $100. These moneyline odds are generally used for an event with two outcomes. However for many sports and markets such as American Football, Boxing etc. The larger the bottom number compared to the top number, the higher the probability.įor some events such as horse racing, US betting sites adopt fractional odds. If the number at the bottom of the fractional odds is larger than the number at the top, then the selection is ‘odds on’ – it is deemed to have more than a 50% chance of success.
For instance, 6/4 express in decimal odds is 1.5 + 1 = 2.50 (decimals always expressed to two places). When converting fractional odds to decimal odds, the calculation requires you to add the multiplier + 1 (which acts as the stake). £40 is placed on a horse whose odds are 5/2. This 1.75 multiplied by your stake will be the profit on the bet, but don’t forget to add on your stake to get the total return.Į.g.
In order to obtain ‘the multiplier’, the top number should be divided by the bottom number. To a beginner, fractional odds may seem a little more difficult to grasp that decimal odds.Įxamples of fractional odds include 7/4, 4/1, 5/2 and 11/4. They are still used today on racecourses, football coupons and betting adverts. Fractional odds have been the choice in the UK for centuries.
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