What are American Odds?

Moneyline odds are favored by American bookmakers and therefore are often referred to as American odds. With this format, the odds are quoted using either a positive or a negative number. The largest negative number indicates the favorite, and the odds show how much money you'll have to risk to win $100. A positive number indicates the underdog, and the odds show how much money you'll win on a $100 wager. When the odds are listed as EVEN, you'll win exactly what you wager. A standard line, where the odds are -110 for both teams, indicates that neither team is favored to win. For example:

  • Cleveland Browns (+180) vs. New England Patriots (-220)

If you bet on the Patriots, you'll have to risk $220 to win $100. However, if you bet on the Browns, you stand to win $180 for every $100 you wager. If the final score of the game is tied, the wager will be graded a "Push" and your money will be refunded.

In the Bovada Sportsbook, you'll find American odds attached to point spreads, moneylines, totals, futures and some sports and entertainment props.
 

Related Topics:

Odds Posting Schedule
What are fractional odds?
What are decimal odds?
What are the sports betting basics I need to know?