As its name suggests, American Odds are largely popular with sportsbooks here in the United States. American sports gambling opportunities work differently for favorites and underdogs, and are sometimes known as Moneyline Odds.
American odds for betting on a favourite work by showing how much money you may have to risk in order to win $100. Let us illustrate that idea with a few soccer odds…
The Miami Dolphins are -110 to win Sunday’s match
Putting an effective $110 wager on them yields $100 winnings
In addition you get you original $110 back
Total payout = 210
Things are somewhat different when betting on an underdog, in the positive number shows how much you can win if you gamble $100. You will notice that this is similar to’odds-on’ stakes in UK markets.
The Buffalo Bills have chances of +240 this Sunday
Putting an effective $100 bet will yield $240 winnings
You also get your $100 wager back
Payout = 340
If you find the letters PK together with the odds offered on a game, it usually means there is not any preferred and you ought to»pick» the winner of this game without the need to worry about any point spread.
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