american sports betting

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п»їHow to Read American Odds in Sports Betting.
Ethan Miller/Getty Images. Pictured: Westgate SuperBook.
Table of Contents 1. How to Read American Odds 2. American Odds in Spreads vs. Moneylines 3. Why You’re Risking More 4. How to Calculate Payouts.
That little -110 next to your desired bet at a sportsbook? It might be old hat to experienced sports bettors in the United States, but it’s not what most see around the world, and it probably won’t make sense to most new bettors.
That’s because this format is called American odds , and it’s only used in the United States.
American odds are less intuitive than decimal odds, but they’re the default option at any U.S. sportsbook.
Here’s how to read American odds if you’re new to sports betting.
How to Read American Odds.
American odds are centered around winning or wagering $100 on a given bet.
If You’re Betting a Favorite: The odds for favorites will have a minus (-) sign in front, and indicate the money you need to risk to win $100 .
So if you’re betting on the Yankees at -130, you need to risk $130 and will win $100 if New York wins the game (plus your original $130 back).
Of course, you don’t always want to bet $100. American odds can scale up or down based on your bet size.
It might be easier to think in terms of dollars instead of $100’s. So for every $1.30 risked on the Yankees in this game, you’d win $1. For every $1 risked on the Red Sox, you’d win $1.10.
American Odds in Spreads vs. Moneylines.
When you’re trying to bet on sports, you’ll see American odds everywhere.
But there are two different ways they’re used:
On their own, like for a moneyline (which just requires you to pick the winner of the game). With a point spread or other line, like an over/under. The team you bet still needs to cover the spread, but the American odds indicate how much you need to risk for that bet.
Let’s use Penn State vs. Ohio State in college football as an example, with odds from DraftKings.
American odds on their own.
Ohio State is the perceived stronger team in this game, so the Buckeyes are the favorite at DraftKings. Based on these odds, Ohio State is expected to win about 70% of the time.
To bet Ohio State -250 to win, you’ll have to risk $2.5 for every $1 you want to win. Remember, OSU just needs to win the game.
Since the moneyline just requires you to pick a winner, we only need the odds. We don’t need a point spread or line of any kind.
American odds next to a point spread or over/under.
The second way American odds are used is next to a corresponding line, like a point spread or over/under.
The odds dictate how much you have to risk, but not what needs to happen for you to win the bet.
You only have to risk $1.10 for every $1 you want to win when betting Ohio State -6.5, but it has to win the game by at least 7 points.
Most of the time, football and basketball spreads will be -110 — just a 10% tax on your bet — since the spread makes things equal.
For lower-scoring sports, the point spreads will be low (often -1.5) but the odds on each side will be different, because it’s harder for a baseball, soccer or hockey team to win by multiple goals.
Why Do I Have to Risk More on The Favorite Than I’ll Win on the Underdog?
Risking $2.5 for every $1 you want to win on Ohio State seems unfair when you’d only get paid $2 for every $1 you want to risk on Penn State.
This gap in odds is what’s called juice or vigorish — it’s essentially the tax a sportsbook charges for taking your action.
Over thousands of bets, this tax adds up and makes it difficult for most bettors to become profitable.
How To Calculate My Bet With American Odds.
Over time, figuring out how much -120 returns when you risk $60 (it’s $50) will become second nature. And sportsbooks from PointsBet to William Hill always calculate your bets automatically. You can also use our odds converter.
But if you want to figure out your bet amounts on your own, here is the simple math.
The basic formulas vary slightly depending on if you’re betting a favorite or an underdog.
There are two ways to calculate each, based on either how much you want to wager or how much you want to win.
Favorite Method No. 1: The first method is calculating how much you want to win.
Let’s say you want to win $25 betting on the Yankees at -130 — you’re willing to risk a little more money to get the $25.
Enter $25 as the win amount and -130 as the moneyline into the following formula. You’ll arrive at $32.50, meaning you need to risk that much to win $25.
Win Amount * ((-1 * Moneyline) / 100) $25 * (130/100) = $32.50.
Favorite Method No. 2: The second method is calculating how much you will win if you wager a certain amount. Let’s say you’re only comfortable wagering $25 on the Yankees at -130, knowing you’ll profit a little less if they win.
Enter $25 as the win amount and -130 as the moneyline into the following formula. You’ll arrive at $19.23.
Wager Amount * ((100/(Moneyline * -1)) $25 * (100 / (-130 * -1)) = $19.23.
Underdog Method No. 1: There are similarly two options for underdogs. The first is calculating how much you want to win based on a set bet amount.
Wager * (Moneyline / 100) $40 x (230 / 100) = $92.
Underdog Method No. 2: The second option is calculating how much you need to bet to win a certain amount.
Win Amount / (Moneyline / 100) $100 / (230 / 100) = $43.48.


American sports betting.
An Odds Buffet, Everyday!
Home NFL NCAAF MLB NBA NCAAB NHL CFL Where to Bet Betting News Databases Defensive Statistics Game Logs Hot and Not 10 Hot and Not 5 Matchup Odds Offensive Statistics Official Standings Schedule Scoreboard Standings Team Player Stats Team Report Transactions Trend Sheet Databases Defensive Statistics Game Logs Hot and Not 10 Hot and Not 5 Matchup Odds Offensive Statistics Schedule Scoreboard Standings Team Player Stats Team Report Transactions Trend Sheet Databases Defensive Statistics Game Logs Hot and Not 10 Hot and Not 5 Matchup Odds Offensive Statistics Official Standings Pitcher Logs Schedule Scoreboard Standings Team Player Stats Team Report Transactions Trend Sheet Databases Defensive Statistics Game Logs Hot and Not 10 Hot and Not 5 Matchup Odds Offensive Statistics Official Standings Schedule Scoreboard Standings Team Player Stats Team Report Transactions Trend Sheet Databases Defensive Statistics Game Logs Hot and Not 10 Hot and Not 5 Matchup Odds Offensive Statistics Schedule Scoreboard Standings Team Player Stats Team Report Transactions Trend Sheet Databases Defensive Statistics Game Logs Hot and Not 10 Hot and Not 5 Matchup Odds Offensive Statistics Official Standings Schedule Scoreboard Standings Team Player Stats Team Report Transactions Trend Sheet Databases Defensive Statistics Game Logs Hot and Not 10 Hot and Not 5 Matchup Odds Offensive Statistics Schedule Scoreboard Standings Team Report Transactions Trend Sheet.
Sports Betting News.
Ecks & Bacon. Feel The Sizzle.
Las Vegas - Welcome to PROP CITY BAABBBEEE.
Our Super Bowl pick is coming tomorrow, but we gotta drop a few more prop wagers in your basket.
Start with Patrick Mahomes and the Over/Under on total TD passes. It's listed at 2.5 which is kind of STEALING MONEY! Mahomes threw 38 TD passes during the regular season in 15 games which averages out to exactly 2.5 per game. In the game at Tampa back in November, he threw three TD passes and will come out firing on Sunday since the Bucs rush defense is the BEST in the NFL. Gimme Patrick Over for the money!
Like Over 6.5 total touchdowns. You'll have to lay a little juice depending on where you shop, maybe -$130 or so, but these two offenses are DYNAMIC and should put at least 7 TDs on the board!
Gonna close out our visit to Prop City with a little cross-sport action. The prop is, which be higher: Travis Kelce receiving yards (-$240), or, the highest round score at the Masters (+$200). Gotta drop my chips on Kelce and lay the big price. He gobbled up 109 yards against the Browns in the Divisional Round and 118 yards against the Bills in the AFC Championship game. There has NEVER been a round over 100 at the Masters. Actually, 95 was highest ever by Charlie Kunkle back in 1956. If you're not familiar with 'Kunk,' check this out. He was a World War II veteran, a basketball captain at Duke, the president of the minor-league hockey team that would inspire “Slap Shot” and a friend of Arnold Palmer. So, thinking that 'Kunk's' record round of 95 will be safe for at least another year, and Kelce is bound to find close to or over 100 yards for the third straight game. Gimme Travis for the money!
Of course, we will be LIVE tweeting during the game, @vegasvigorish, and there will be some really sweet money-making spots along the way. PLZ join me.
*Favorite * *Points* *Underdog*
* *Open *Current* O/U* *
Money Line: Chiefs -$170 vs. Bucs +$150*
1st half line: Chiefs -2.5*
1st half total: Over/under 27.5*
1st half money Line: Chiefs -$150 vs. Bucs +$130*
1st Q line: Chiefs -0.5*
1st Q total: Over/under 10.0*
1st Q money Line: Chiefs -$140 vs. Bucs +$120*
2nd Q line: Chiefs -0.5*
2nd Q total: Over/under 17.0*
2nd Q money Line: Chiefs -$165vs. Bucs +$145*
3rd Q line: Chiefs -0.5*
3rd Q total: Over/under 10.5*
3rd Q money Line: Chiefs -$150 vs. Bucs +$130*
4th Q line: Chiefs -0.5*
4th Q total: Over/under 14.5*
4th Q money Line: Chiefs -$140 vs. Bucs +$120*
Pat Mahomes total passing yards: Over/under 327.5*
Tom Brady total passing yards: Over/under 299.5*
Pat Mahomes total TD passes: Over/under 2.5*
Tom Brady total TD passes: Over/under 2.5*
Pat Mahomes total pass attempts: Over/under 41.5*
Tom Brady total pass attempts: Over/under 40.5*
Pat Mahomes total completions: Over/under 28.5*
Tom Brady total completions: Over/under 26.5*
Pat Mahomes longest completion: Over/under 40.5*
Tom Brady longest completion: Over/under 39.5*
Pat Mahomes completion percentage: Over/under 70.5%*
Tom Brady completion percentage: Over/under 62.5%*
Pat Mahomes total rushing yards: Over/under 19.5*
Tom Brady total rushing yards: Over/under 4.5*
Leonard Fournette rushing yards: Over/under 51.5*
Darrel Williams rushing yards: Over/under 41.5*
Travis Kelce receiving yards: Over/under 101.5*
Tyreek Hill receiving yards: Over/under 90.5*
Chris Godwin receiving yards: Over/under 75.5*
Mike Evans receiving yards: Over/under 64.5*
Rob Gronkowski receiving yards: Over/under 31.5*
Cameron Brate receiving yards: Over/under 27.5*
Total points for Bucs: Over/under 26.5*
Total points for Chiefs 1st half: Over/under 15.5*
Total points for Bucs 1st half: Over/under 13.5*
Longest TD scored: Over/under 46.5 yards*
Shortest TD scored: Over/under 1.5 yards*
Longest FG scored: Over/under 48.5 yards*
Shortest FG scored: Over/under 26.5 yards*
How long will it take Eric Church & Jazmine Sullivan to sing the National Anthem: Over/under 1:59*


How to Read American Odds in Sports Betting.
Ethan Miller/Getty Images. Pictured: Westgate SuperBook.
Table of Contents 1. How to Read American Odds 2. American Odds in Spreads vs. Moneylines 3. Why You’re Risking More 4. How to Calculate Payouts.
That little -110 next to your desired bet at a sportsbook? It might be old hat to experienced sports bettors in the United States, but it’s not what most see around the world, and it probably won’t make sense to most new bettors.
That’s because this format is called American odds , and it’s only used in the United States.
American odds are less intuitive than decimal odds, but they’re the default option at any U.S. sportsbook.
Here’s how to read American odds if you’re new to sports betting.
How to Read American Odds.
American odds are centered around winning or wagering $100 on a given bet.
If You’re Betting a Favorite: The odds for favorites will have a minus (-) sign in front, and indicate the money you need to risk to win $100 .
So if you’re betting on the Yankees at -130, you need to risk $130 and will win $100 if New York wins the game (plus your original $130 back).
Of course, you don’t always want to bet $100. American odds can scale up or down based on your bet size.
It might be easier to think in terms of dollars instead of $100’s. So for every $1.30 risked on the Yankees in this game, you’d win $1. For every $1 risked on the Red Sox, you’d win $1.10.
American Odds in Spreads vs. Moneylines.
When you’re trying to bet on sports, you’ll see American odds everywhere.
But there are two different ways they’re used:
On their own, like for a moneyline (which just requires you to pick the winner of the game). With a point spread or other line, like an over/under. The team you bet still needs to cover the spread, but the American odds indicate how much you need to risk for that bet.
Let’s use Penn State vs. Ohio State in college football as an example, with odds from DraftKings.
American odds on their own.
Ohio State is the perceived stronger team in this game, so the Buckeyes are the favorite at DraftKings. Based on these odds, Ohio State is expected to win about 70% of the time.
To bet Ohio State -250 to win, you’ll have to risk $2.5 for every $1 you want to win. Remember, OSU just needs to win the game.
Since the moneyline just requires you to pick a winner, we only need the odds. We don’t need a point spread or line of any kind.
American odds next to a point spread or over/under.
The second way American odds are used is next to a corresponding line, like a point spread or over/under.
The odds dictate how much you have to risk, but not what needs to happen for you to win the bet.
You only have to risk $1.10 for every $1 you want to win when betting Ohio State -6.5, but it has to win the game by at least 7 points.
Most of the time, football and basketball spreads will be -110 — just a 10% tax on your bet — since the spread makes things equal.
For lower-scoring sports, the point spreads will be low (often -1.5) but the odds on each side will be different, because it’s harder for a baseball, soccer or hockey team to win by multiple goals.
Why Do I Have to Risk More on The Favorite Than I’ll Win on the Underdog?
Risking $2.5 for every $1 you want to win on Ohio State seems unfair when you’d only get paid $2 for every $1 you want to risk on Penn State.
This gap in odds is what’s called juice or vigorish — it’s essentially the tax a sportsbook charges for taking your action.
Over thousands of bets, this tax adds up and makes it difficult for most bettors to become profitable.
How To Calculate My Bet With American Odds.
Over time, figuring out how much -120 returns when you risk $60 (it’s $50) will become second nature. And sportsbooks from PointsBet to William Hill always calculate your bets automatically. You can also use our odds converter.
But if you want to figure out your bet amounts on your own, here is the simple math.
The basic formulas vary slightly depending on if you’re betting a favorite or an underdog.
There are two ways to calculate each, based on either how much you want to wager or how much you want to win.
Favorite Method No. 1: The first method is calculating how much you want to win.
Let’s say you want to win $25 betting on the Yankees at -130 — you’re willing to risk a little more money to get the $25.
Enter $25 as the win amount and -130 as the moneyline into the following formula. You’ll arrive at $32.50, meaning you need to risk that much to win $25.
Win Amount * ((-1 * Moneyline) / 100) $25 * (130/100) = $32.50.
Favorite Method No. 2: The second method is calculating how much you will win if you wager a certain amount. Let’s say you’re only comfortable wagering $25 on the Yankees at -130, knowing you’ll profit a little less if they win.
Enter $25 as the win amount and -130 as the moneyline into the following formula. You’ll arrive at $19.23.
Wager Amount * ((100/(Moneyline * -1)) $25 * (100 / (-130 * -1)) = $19.23.
Underdog Method No. 1: There are similarly two options for underdogs. The first is calculating how much you want to win based on a set bet amount.
Wager * (Moneyline / 100) $40 x (230 / 100) = $92.
Underdog Method No. 2: The second option is calculating how much you need to bet to win a certain amount.
Win Amount / (Moneyline / 100) $100 / (230 / 100) = $43.48.


American sports betting.
An Odds Buffet, Everyday!
Home NFL NCAAF MLB NBA NCAAB NHL CFL Where to Bet Betting News Databases Defensive Statistics Game Logs Hot and Not 10 Hot and Not 5 Matchup Odds Offensive Statistics Official Standings Schedule Scoreboard Standings Team Player Stats Team Report Transactions Trend Sheet Databases Defensive Statistics Game Logs Hot and Not 10 Hot and Not 5 Matchup Odds Offensive Statistics Schedule Scoreboard Standings Team Player Stats Team Report Transactions Trend Sheet Databases Defensive Statistics Game Logs Hot and Not 10 Hot and Not 5 Matchup Odds Offensive Statistics Official Standings Pitcher Logs Schedule Scoreboard Standings Team Player Stats Team Report Transactions Trend Sheet Databases Defensive Statistics Game Logs Hot and Not 10 Hot and Not 5 Matchup Odds Offensive Statistics Official Standings Schedule Scoreboard Standings Team Player Stats Team Report Transactions Trend Sheet Databases Defensive Statistics Game Logs Hot and Not 10 Hot and Not 5 Matchup Odds Offensive Statistics Schedule Scoreboard Standings Team Player Stats Team Report Transactions Trend Sheet Databases Defensive Statistics Game Logs Hot and Not 10 Hot and Not 5 Matchup Odds Offensive Statistics Official Standings Schedule Scoreboard Standings Team Player Stats Team Report Transactions Trend Sheet Databases Defensive Statistics Game Logs Hot and Not 10 Hot and Not 5 Matchup Odds Offensive Statistics Schedule Scoreboard Standings Team Report Transactions Trend Sheet.
Sports Betting News.
Ecks & Bacon. Feel The Sizzle.
Las Vegas - Welcome to PROP CITY BAABBBEEE.
Our Super Bowl pick is coming tomorrow, but we gotta drop a few more prop wagers in your basket.
Start with Patrick Mahomes and the Over/Under on total TD passes. It's listed at 2.5 which is kind of STEALING MONEY! Mahomes threw 38 TD passes during the regular season in 15 games which averages out to exactly 2.5 per game. In the game at Tampa back in November, he threw three TD passes and will come out firing on Sunday since the Bucs rush defense is the BEST in the NFL. Gimme Patrick Over for the money!
Like Over 6.5 total touchdowns. You'll have to lay a little juice depending on where you shop, maybe -$130 or so, but these two offenses are DYNAMIC and should put at least 7 TDs on the board!
Gonna close out our visit to Prop City with a little cross-sport action. The prop is, which be higher: Travis Kelce receiving yards (-$240), or, the highest round score at the Masters (+$200). Gotta drop my chips on Kelce and lay the big price. He gobbled up 109 yards against the Browns in the Divisional Round and 118 yards against the Bills in the AFC Championship game. There has NEVER been a round over 100 at the Masters. Actually, 95 was highest ever by Charlie Kunkle back in 1956. If you're not familiar with 'Kunk,' check this out. He was a World War II veteran, a basketball captain at Duke, the president of the minor-league hockey team that would inspire “Slap Shot” and a friend of Arnold Palmer. So, thinking that 'Kunk's' record round of 95 will be safe for at least another year, and Kelce is bound to find close to or over 100 yards for the third straight game. Gimme Travis for the money!
Of course, we will be LIVE tweeting during the game, @vegasvigorish, and there will be some really sweet money-making spots along the way. PLZ join me.
*Favorite * *Points* *Underdog*
* *Open *Current* O/U* *
Money Line: Chiefs -$170 vs. Bucs +$150*
1st half line: Chiefs -2.5*
1st half total: Over/under 27.5*
1st half money Line: Chiefs -$150 vs. Bucs +$130*
1st Q line: Chiefs -0.5*
1st Q total: Over/under 10.0*
1st Q money Line: Chiefs -$140 vs. Bucs +$120*
2nd Q line: Chiefs -0.5*
2nd Q total: Over/under 17.0*
2nd Q money Line: Chiefs -$165vs. Bucs +$145*
3rd Q line: Chiefs -0.5*
3rd Q total: Over/under 10.5*
3rd Q money Line: Chiefs -$150 vs. Bucs +$130*
4th Q line: Chiefs -0.5*
4th Q total: Over/under 14.5*
4th Q money Line: Chiefs -$140 vs. Bucs +$120*
Pat Mahomes total passing yards: Over/under 327.5*
Tom Brady total passing yards: Over/under 299.5*
Pat Mahomes total TD passes: Over/under 2.5*
Tom Brady total TD passes: Over/under 2.5*
Pat Mahomes total pass attempts: Over/under 41.5*
Tom Brady total pass attempts: Over/under 40.5*
Pat Mahomes total completions: Over/under 28.5*
Tom Brady total completions: Over/under 26.5*
Pat Mahomes longest completion: Over/under 40.5*
Tom Brady longest completion: Over/under 39.5*
Pat Mahomes completion percentage: Over/under 70.5%*
Tom Brady completion percentage: Over/under 62.5%*
Pat Mahomes total rushing yards: Over/under 19.5*
Tom Brady total rushing yards: Over/under 4.5*
Leonard Fournette rushing yards: Over/under 51.5*
Darrel Williams rushing yards: Over/under 41.5*
Travis Kelce receiving yards: Over/under 101.5*
Tyreek Hill receiving yards: Over/under 90.5*
Chris Godwin receiving yards: Over/under 75.5*
Mike Evans receiving yards: Over/under 64.5*
Rob Gronkowski receiving yards: Over/under 31.5*
Cameron Brate receiving yards: Over/under 27.5*
Total points for Bucs: Over/under 26.5*
Total points for Chiefs 1st half: Over/under 15.5*
Total points for Bucs 1st half: Over/under 13.5*
Longest TD scored: Over/under 46.5 yards*
Shortest TD scored: Over/under 1.5 yards*
Longest FG scored: Over/under 48.5 yards*
Shortest FG scored: Over/under 26.5 yards*
How long will it take Eric Church & Jazmine Sullivan to sing the National Anthem: Over/under 1:59*




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