Moneyline odds of +140 translate to decimal odds of 2.40 (1 + (140 ÷ 100)) and fractional odds of 7/5 (the smallest fraction to express 1.For the fractional result, express the result of the division (rounded to two decimal places) as the smallest fraction possible. Round that to two decimal places and add 1 for the decimal odds. With positive moneyline odds divide the odds given by 100. Moneyline odds of -170 translate to decimal odds of 1.59 (1 + (100 ÷ 170)) and fractional odds of 59/100 (the smallest fraction to express 0.59).Alternatively express the result of the division (rounded to two decimal places) as the smallest fraction possible and you have the fractional odds. Round that to two decimal places and add 1 to get the decimal odds. With negative moneyline odds divide 100 by the odds given. The above example also leads the way into how you can convert moneyline odds to fractional or decimal odds if you prefer to assess the value of offered bets in that way. 1.4 (140 ÷ 100) times the stake.Īs you should hopefully have grasped by now, you’re not obliged to bet $100 on a positive moneyline bet, or the sum to win $100 on the negative moneyline bet – they can also be expressed as a multiplier of any wager the sportsbook will accept! The odds for Team B indicate that a $100 stake would return a profit of $140, i.e.The odds for Team A indicate that a $170 stake would return $100 profit if Team A won, i.e.It may seem counterintuitive that the favourites have negative odds and the underdogs positive odds, but this is how the system works and we can understand the risks and rewards now. A +200 money line would mean that if you placed a 100 bet, you would win. It is a bet on which team or competitor the bettor expects to win. Team B, the underdogs, attract moneyline odds of +140 to win. A money line bet is a wager on the outcome of an event. Team A are favourites to win and a sportsbook offers moneyline odds of -170 for them to win. Let’s say Team A are to play Team B in a baseball match. Clearly an example would help make this a little clearer, so here we go: Negative moneyline odds indicate the size of stake required to return $100 if the wager is successful.
This creates a framework that means you may see the moneyline odds for an event shown as a positive or negative value, which in a team sport like hockey, baseball or football gives a very clear indication of the sportsbooks evaluation of the favourite and the underdog in a specific match.ĭigging in a little further, positive moneyline odds indicate how much a $100 stake will return if the wager is successful. In contrast to the approach of decimal and fractional odds, this system references the odds to a fixed reference of $100. sports betting odds expressed is as ‘Moneyline’ odds.
One of the most common ways to see popular U.S.
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