How does sports betting odds work : How Do Sports Betting Odds Work?

How does sports betting odds work

20 Sep 2024 —

Basically, you just multiply your original stake by the decimal odds. That's how you can calculate your potential winnings. Sports betting with .... For instance, -150 odds require a wager of $150 to profit $100.

When there's a plus sign, you can wager less than you hope to win. With a line .... The odds are displayed in either a positive (+) or negative (-) format. Positive odds show winnings from a $100 bet.

Meanwhile, negative odds show the wager .... When odds are expressed as a negative number, it indicates the amount of money that must be wagered in order to win $100. For example, if the odds are -120, it ....

They are expressed as a decimal number, with the amount won being equal to the amount wagered multiplied by the decimal odds. For example, odds of 2.0 mean that ....