Coming across this Sports Betting Odds page you may be looking for two things - live sports betting odds for upcoming events or an explanation of how sports betting odds work. We have a live feed of sports betting odds at the bottom of the page that you can check out if you are interested in that. Also listed on this page will be the best explanation we can give on how sports betting odds work.
American Sports Betting Odds:
The most common type of sports betting odds you will find in North America is called "American Odds". There are two main components to the American Odds. The first is a positive or negative (+/-) sign, and the second is a number that follows. An example of an American sports betting odd might be +150 or -110.
A negative sign indicates a bet would pay out less than the amount you wagered and a positive sign indicates a bet would pay out more than the amount you wagered. For example, if you were betting $10 on an outcome that had an American style odd listed with a negative sign in front of the number you would receive less than $10 back in winnings (viceversa for the positive sign).
To figure out exactly how much you will win is where the number behind the +/- sign comes into play.
If the odds listed had a negative sign before the number it shows you how much you would have to wager in order to win $100 (this can easily beconverted to $10 or $1 as we will show later). Let us take a look at a very common American Odd placed on outcomes of -110. From our previous knowledge we know that whatever amount we wager on a negative sign will payout less than the amount wagered in winnings. The 110 of the -110 odd indicates to us that you would need to wager $110 to win $100. By moving the decimal place to the left one place you can also easily figure out that you would need to wager $11 to win $10 or $1.10 to win $1.
Here is one more example of a negative sign odd to ensure you understand how they work. If there odd was listed at -150 this would mean that you would have to bet $150 to win $100, $15 to win $10, or $1.50 to win $1.
If the odds listed had a positive sign before the number it shows you how much you will win on a $100 bet (again it can easily beconverted to smaller wagers as we will show you). Lets pretend an outcome you wanted to bet on had the odd listed as +180. We already know that if it has apositive sign in front of the number it will be paying out more than the amount you wagered. The 180 shows us that if you were to wager $100 you would win $180 in profit. You can move the decimal place to the left in order to figure out smaller wagers, such as $10 would pay out $18 and $1 would pay out $1.80.
Here is one more example of a positive sign odd to make sure that you fully understand. If the odd was listed as +220 this would mean that a $100 bet would pay out $220 in profits, while a $10 bet would pay out $22 in profits.
All of this can be a little confusing to new sports bettors, especially when betting amounts other than $1, $10, or $100. The good thing is that all online sports betting sites will calculate the payouts for you, and let you know what your potential payouts are before you actually place the bet. You can mess around by putting in different amounts to wager to see your payouts to find out how much you actually want to bet before you do so. As you bet more and more you will start to get used to how the sports betting odds work, and things will become easier.
Live Sports Betting Odds:
Check out the live sports betting odds listed below. We have the most popular American Sports listed with live sports betting odds, updated in real time. If you are interested in other sports you can simply click on the banner and visit thesportsbook , which has sports betting odds listed for any sport you can think of. Remember if you don't understand how to read the betting odds you can read our sports betting odds guide above.
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