If the Kansas City Chiefs are the favorites to win, their odds might be -175, and you’ll have to bet $175 to win $100 – a total return of $275. The odds for the underdog, which will carry a plus sign (+), show how much you will win if you bet $100 on your choice.
The odds for the favorite, which will have a minus sign (-) in front of them, show the amount you need to bet to win $100. You can compare all three formats using our free online odds calculator.Īlso known as moneyline odds or US odds, it is always displayed using a bet total of $100. It’s always worth reminding yourself that the probability they are expressing is the same – and that you can convert from one to another quite easily. Depending on where you are, you will be presented with one of three different formats. Sports betting odds: American, decimal and fractionalīetting odds are not the same all over the world.