Fractional odds quote the potential profit which can be made on a bet if it wins, relative to the stake.įor example if $500 is bet at odds of 2/1 the potential profit is $1000 ($500 * 2) and the total returned is $1500 ($1000 plus the $500 stake). This odds format is used primarily in the United Kingdom & Republic of Ireland. For example a wager on a team with American odds of -90 would win $100 on a $90 bet. Negative American Odds: The odds indicate how much you must bet in order to make $100 profit.For example, a positive American odds +110 would win $110 for a $100 wager. Positive American Odds: These odds reflect how much you win on a single $100 bet.Let’s run through some examples of decimal odds, fractional odds and American odds so that you understand how to calculate and convert odds – to understand how much you can win on various sports bets, and to calculate the implied probability % from sports odds on a specific outcome: American Odds There are three main odds representations used by most bookmakers and sports betting websites.
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