As its name implies, American Odds are mostly popular with sportsbooks here in the United States. American sports betting opportunities work differently for favorites and underdogs, and are sometimes called Moneyline Odds.
American odds for betting on a favourite work by revealing how much money you would have to risk in order to win $100. Let’s illustrate that concept with a few soccer odds…
The Miami Dolphins are -110 to win Sunday’s match
Placing a successful $110 wager on them yields $100 winnings
You also get you first $110 wager back
Total payout = 210
Things are somewhat different when gambling on an underdog, in that the positive number shows how much you can win if you gamble $100. You may observe that this is comparable to’odds-on’ stakes in UK markets.
The Buffalo Bills have odds of +240 this Sunday
Placing a successful $100 wager will yield $240 winnings
You get your bet back
Payout = 340
If you find the letters PK together with the odds offered on a match, it means there is no favorite and you ought to»select» the winner of this match with no need to be concerned about any point spread.
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