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Betting odds are not the same all
over the world. Depending on where you are, you will be presented with 💯 one of three
different formats. It’s always worth reminding yourself that the probability they are
expressing is the same – 💯 and that you can convert from one to another quite easily. You
can compare all three formats using our free 💯 online odds calculator.
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American odds\n\n For favored bets, the bet odds will start with a negative number and they tell you how much you need to bet to winR$100. If the odds are -110, a common number for a bet involving a spread, you would need to betR$110 to winR$100. If your odds are -200, you would need to betR$200 to winR$100.
For example, a bet placed at +200 in American odds (2/1 in fractional or 3.00 in decimal) has a 33.33 percent implied winning probability. A bet placed at -200 in American odds (1/2 in fractional or 1.50 in decimal) has a 66.67 percent implied winning probability.