American Odds Explained – What are American odds in Sports Betting?

American odds are primarily used by sites that appeal to US sports bettors, also know as”moneyline odds” they are the odds most frequently used for moneyline gambling for American sports bettors. American chances are most likely the easiest to know as chances represent how much the bettor will have to wager to win $100.
Introduction
American Odds are one way to express chances. A pick em is going to be listed as”pk” or”pick” or”select’em” depending on your website. There are two basic types, favorites and underdogs
Favorites arrive with a — emblem attached. The greater the absolute value of this number, the better the chance the wager will win. So like a -200 favorite has a better chance to win than a -120 favorite. 200 is higher than 120 so this is what we mean by absolute price, you ignore the — signal and take just the number when thinking about this.
Underdogs arrive with a + symbol attached. The higher the number, the bigger the underdog. Thus a +200 underdog has a better chance to win than the usual +500 underdog.

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By | 2020-01-02T00:19:52+00:00 October 30th, 2019|Categories: Uncategorized|0 Comments