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The odds format in the US

The odds format in the US

POWER ODDS

Lenny is being generous and offering a way to pick up some extra
profit on a daily basis to give you powered odds for a variety of sporting events. For most of the world, the decimal system is used to represent and calculate the odds of a favourable outcome of a match. In the US, however, the decimal system is less often used. In America, sports betting sites generally favour the “lines” system that is common in the country.

Lines odds are based on the bet itself, and they tell the player either how much money needs to be staked to win one hundred dollars, or how much money will be won if one hundred dollars is bet.

The Negative Number

Whenever you see a negative number in front of the odds in the US format, it means that the number shown is what you would need to put up to win one hundred dollars. For example, if the odds were -113, you would have to bet one hundred and thirteen dollars to win one hundred. If you have a different figure in your head for how much you would like to earn, you just need to start with the original relationship between the stake and the winnings and work it up or down.

The Positive Number

The positive number is a little bit different from the negative, as it does not focus on the stake. Instead, when you see the odds represented with a plus sign in front of them, it means that you will win that number if you bet one hundred dollars.

The Formulae

To figure out how much to bet or how much you would win on a given bet when one hundred dollars just isn’t convenient for you, here are a couple of ways to calculate the American odds. To calculate the negative odds, it is one hundred divided by the odds times the stake. For the positive odds, it is stake divided by one hundred times the odds.

Odds Formats Across the Globe

The odds format in the EU

The odds format in the EU

online-betting | Lenny | 31st Jan 2017

POWER ODDS …

What are live odds?

What are live odds?

online-betting | Lenny | 31st Jan 2017

To understand what live odds are, we first need to understand what odds are in general. To put it simply, odds are the chances that a certain outcome, or result, is…


The odds format in the US
Author: Robin
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