To read them, anything to the left of the decimal is the return you would make in hundreds including the $100 that you started with and anything to the right of the decimal is the “tens” of the profit you would make. Understanding Decimal Betting Oddsĭecimal betting odds might come off as intimidating, but are also simple to understand. If you see 1/3 though, for every $300 you bet, you’d make $100 in profit. If you see a fraction of 3/1, for every $100 you wager, you would profit $300. In simplest terms, you would need to bet the denominator (bottom number) in order to make the numerator (top number) in profit. Understanding Fractional Betting Oddsįractional betting odds are exactly how they sound as you would be reading a fraction to determine how much profit you’d make. With a (-) sign you would need to bet the number in front of the symbol to make $100. If you see a (+) sign in front of the odds, you would need to bet $100 to make that number in profit. Understanding American Betting OddsĪmerican betting odds can be easily found on any online sportsbook and are arguably the easiest to understand. The most commonly used though across any online sportsbook are the American odds. All of which payout the same, the only difference is the way in which they are laid out to you. The three are made up of American betting odds, fractional betting odds, and decimal betting odds. When looking to bet on sports, there are three main odds types that you need to understand.

Different Types Of Odds For Wagering On Sports

Ports betting lines explained