How to Read American Odds?
There are three ways to view odds that are used by most online bookmakers. Of these, most people will be familiar with two of them, and will choose to use this style. These are fractional odds and decimal odds. The third type is American. These odds are the lesser known and used of the three, but if you are looking to expand your betting knowledge then they are certainly worth knowing about.
What are American Odds?
As the name suggests, American odds originate from betting in the USA. When you head to Vegas, where sports betting is seen on huge screens inside casinos, you will see the odds shown in the American format.
In Europe and elsewhere around the world, these are not as commonly used, and certainly sit third behind fractional odds and decimal odds.
American odds are based on the profit you make from a bet. This is done to a stake of 100 units, and that gives you the odds on offer.
Lets take an example to show you how American odds look when compared to fractional and decimal.
To win Superbowl LV the Philadephia Eagles are priced at:
Fractional odds 18/1
Decimal odds 19.0
American odds +1800
The reason for showing like this is as follows. Fractional odds show you staking 1 unit to receive a profit back of 18 and a total of 19. Decimal odds are based on the amount you are returned off 1 unit, so therefore, the odds for 18/1 are 19.00 because that is how much you would receive back for 1 unit.
American odds show you the profit you would make (note this is profit, not total return) from a bet of 100. In this instance above, at odds of 18/1, the profit on a 100 unit bet would be 1800, so the odds are shown as +1800.
What Happens to Odds On Selections?
When a selection is odds on, American odds work in a slightly different manner. Instead of showing you the profit from a bet of 100 units, it shows you the stake you need to place to win 100 units. Here is an example of how odds on odds are shown in the three different varieties.
Fractional odds 1/4
Decimal odds 1.25
American odds -400
As you can see here, the odd are -400 because you need to stake 400 to win back a profit of 100 units. In fractional odds these show the odds turned around to represent a larger stake than return, while the price has no impact on decimal odds, these are shown in exactly the same way.
It is vitally important to look out for the – or + symbol when you are viewing American odds. On big examples like we have shown, you can easily distinguish because the odds are massively different.
However, if you are looking at odds of 11/10 and 10/11 in fractional terms, these would be shown as +110 and -110 in that order. The first gives you a win of 110 from a stake of 100 while the latter gives a win of 100 from a stake of 110. This is when you need to take extra care when viewing your odds to ensure you are getting the very best deal from your bookmaker if using American odds.
You might also be interested in:
Top 20 Betting Offers
|
New Customers Only. Sign up with bonus code: EB20. Bet £20 and get £20 in Free Bets. Paid as £5 Free Bet on Soccer, £5 Free Bet on Horse Racing, £5 Free Bet on Multiples and a £5 Free Bet on any Market. Terms apply 18+ gambleaware.org. |
|||||
|
New customers only. 7 days to place qualifying bet of £10 at 1/1 (2.0) to receive 4 x £10 Free Bets: 1 x £10 football, 1 x £10 horse racing & 2 x £10 Bet Builders. Free Bets cannot be used on e-sports and non UK/IE horse racing. 7 day expiry. Exclusions apply. Stake not returned. 18+. T&Cs apply. |
|||||
|
New customers online only. Eligibility restrictions apply. One welcome offer per customer. Bet a minimum of £/€10 at odds of 1/1 (2.0) or greater across sports or racing (if EW then min £/€10 Win + £/€10 Place) within 7 days of registration to qualify. Receive £/€20 Tote Credit, £/€10 sports Free Bet and 20 Free Spins on Big Bass Bonanza within 48 hours of qualifying bet settlement. Qualifying bet is the first racing pool or sports bet added to the bet slip. 7-day expiry. 18+. Full T&Cs apply. Gambleaware.org. Full T&Cs apply. |
|||||
|
T&Cs apply. 18+ New customers only. You must place a single win-only bet of £10 or more with odds of evens (2.00) or greater to qualify. Money back as £10 in free bets. Free bet is credited the day after the qualifying bet has settled. Must use code B10G10 when creating an account. |
|||||
|
New customers only. Register, deposit with Debit Card, and place first bet £10+ at Evens (2.0)+ on Sports within 7 days to get 3 x £10 in Sports Free Bets & 2 x £10 in Acca Free Bets within 10 hours of settlement. 7-day expiry. Eligibility exclusions & T&Cs Apply. |
|||||
|
New UK Customers. Register using code BETGETSPORTS. Must bet £10 in total on 4+ legs, min odds 4.0. £20 awarded as 4 X £5 free bets once settled, AND 50 Free Spins to use on Big Bass Splash (valued at 10p per spin). Free bet T&Cs Apply. 18+. BeGambleAware.org |
|||||
|
New bettors; Code SPORT; Wager deposit & bonus 8x; Max qualifying bet stake=initial bonus; Valid 60 days; Min odds, payment method exclusions apply; New customers only. T&C apply; 18+ Please gamble responsibly. |
|||||
|
18+ New UK+IRE Customers only. Certain deposit methods & bet types excl. Min first £5 bet within 14 days of account reg at min odds 1/2 to get 4x £5 free bets. Free bets available to use on selected sportsbook markets only. Free bets valid for 7 days, stake not returned. Restrictions + T&Cs apply. |
|||||
|
18+ New Customers Only. Place a single £10 bet within 3 calendar days of registration. Bet must settle on the same day of placement. Min odds Evens (2.00). 4 x £5 Free Bets valid for 7 days. Max win £250. T&Cs apply. Ends 28/02/25. GB residents only. Gamble responsibly |
|||||
|
18+. New Customers Only. Max 1 x £10 Free Bet. Qualifying bets at Odds of 1/1 or greater. Paid as Bonus Token Min 4/5 Odds Req. Skrill, Neteller, Paypal not eligible. T&Cs Apply. Please gamble responsibly. |
|||||
|
18+ New Customers only. Certain deposit methods & bet types excl. Min first £5 bet within 14 days of account reg at min odds 1/2 to get 4 x £5 free bets. Free bet available to use on selected sportsbook markets only. Free bets valid for 7 days, stake not returned. Restrictions + T&Cs apply. |
|||||
|
18+ New Customers Only. Opt in and bet £10 on any sports at odds of 1/1+ within 7 days of signing up. Get £15 & £10 in Free bets for set markets & £15 & £10 in Slots Bonus for set games, 40x wagering, to withdraw max £625. Rewards expire in 30 days. T&Cs apply. GambleAware.org. Please gamble responsibly |
|||||
|
Place a £10 fixed odds bet at minimum odds of 1/2 and get 3 x £10 free fixed odds bets, 3 x £5 Total Goals football spread bets and 3 x £5 Winning Favourites spread bets and a £1 racing Race Index spread bet.18+ www.gambleaware.org. |
|||||
|
New Players Only. Free bet - one-time stake of £40, min odds 1.5, stake not returned. 1X wager the winnings. Wager from real balance first. Wager calculated on bonus bets only. Max conversion: £200. Valid for 7 Days from receipt. Limited to 1 sport & 5 casino brand/s within the network. Withdrawal requests void all active/pending bonuses. Excluded Skrill and Neteller deposits. Progress Play network Full Terms Apply. |
|||||
|
18+. BeGambleAware.org. New customers only. Min. £10 deposit, debit card only. Up to 50x wagering, game contributions vary, max. stake applies, 7 day expiry. See full terms. #AD |
|||||
|
New customers place a £10 fixed odds bet at minimum odds of 1/2. Get 2 x £10 free bets. 18+ begambleaware |
|||||
|
18+ New Customers Only. Opt in and bet £10 on football (odds 2.00+) within 7 days. Get 4x£5 Free Bets for set markets and a £10 Slot Bonus for Big Bass Splash, 30x wagering, to withdraw max £250. Rewards expire in 20 days. Full T&Cs apply. gambleaware.org | Please gamble responsibly |
|||||
|
New Customers Only. £10 in real money. Bets placed on sports at odds of 2.00 or more. Bets must be placed within 24 hours of registration. £10 free bets must be wagered on sports. UK residents. Full terms apply. Gambling can be addictive, play responsibly. 18+ |
|||||
|
18+. Play Safe. New customers only, using promo code T60. Valid from 13/04/2022. Online play. Get £60 Bonus split between Vegas & Sports in the following manner – (i) Deposit £10 to unlock £20 Vegas Free Bet on Selected Games (72hr expiry, wagering reqs apply); then (ii) bet £10+ (odds 1/2+) with cash (excl. £10 deposit) or Vegas winnings (after wager reqs met). Once settled, receive £40 Sports Free Bets excluding Virtual Markets (4x £10, 7 days expiry). Full T&Cs apply. #ad |
|||||
|
New UK customers only. The qualifying bet should be either a Single or Acca (2+ selections) bet, start at £20, have 1.9 or greater odds and must be settled within 7 days of opt-in. The Free bet include: 1 x £20 Free bet any Live or Pre-Match event. Max payout – £500. 7-day expiry. To unlock the offer, complete the first deposit via the banking app secured by Truelayer. Profit boost: One boost per day; claim required. 1 day to claim (by 23:59 UTC+3). Max stake £30. Single bets only. No Free Bets. Profit Boost valid for 24 hrs. Max payout £1,000. Credited within 24 hrs. 18+. BeGambleAware.com |
