However, they’re very rarely used in America, as they are difficult to understand. They are commonly used for horse racing betting, and sometimes experts like to give out futures betting lines in fractions. Fractional Oddsįractional Odds are used mostly used in the UK and Ireland. However, using the betting line calculator is by far the easier solution. For example, a -110 bet with a $100 stake would net you a bit less than $91. The lower the number, the less you stand to gain, the higher the number the more you’ll win. The best way is to know that -200 odds will win you $50. However, if you wager $100 on a negative line, the calculation is not as easy. With positive numbers, calculating winnings is easy. This is the part where American odds become slightly tricky. How Do I Calculate My Winnigs if I Want to Wager $100 on Negative Number Odds? However, if you want to check how much you would stand to gain, the betting odds calculator is a very useful tool. Most sportsbooks will show how much you gain to win on the bet slip. You can bet $1,000 $10, $5 or even just $1 and the odds will be adjusted accordingly. If your bet wins, you would then receive your original $110 and the $100 you are awarded for winning the bet. So if you saw -110 line, you would need to bet $110 to win $100. Minus sign or negative numbers show you the amount you need to bet to win $100. So if you would bet $100 on a +110 line and won, you would receive your original $100 back and an additional $110 from winning the bet. A positive sign in front of the betting line means that you will win as much as the odds indicate. American OddsĪmerican odds work by showing bettors how much they can gain by betting $100 or how much they need to bet to win $100.

Therefore, BonusFinder US has created the odds calculator to help the gambling world overcome this problem. All of these odd types mean the same thing in the end, but if you see betting lines with one type of odds, it might be hard to understand what they mean in the odds most familiar to you. American odds used in America, Fractional odds used in UK, and Decimal odds used mostly in Europe. There are mainly three types of sports betting odds.

Sports betting odds calculator