How to Understand American Odds If you're new to sports betting, the odds are usually listed in one of three ways:AmericanFractionalOr Decimal American odds work a little differently to the others. The odds for a favorite team to win the game are usually listed with a '-' sign, which indicates the amount a better would need to bet to win $100. For the underdogs, the odds are accompanied by a '+' sign. This shows how much a better would win if they staked $100. Let's see this in action. The Miami Dolphins are favorites to win this Sundays game at -110 odds. You place a successful $110 bet on them, which means you receive $100 winnings and your original bet of $110 back as well! Your total payout is $210. So that's what happens when you bet on favorites using American odds. Let's see what happens when you use American odds to bet on the underdog. In another football game on that Sunday, the Buffalo Bills are the underdogs to win at +240 odds. You place a $100 bet, which will yield $240 in winnings if successful! Good news for the Buffalo Bills and you! They've won the game! You receive $240 in winnings and you get your original bet of $100 back, equaling $340 in total. So that was the basics to sports betting using American odds. Check Online Gambling for more information and to start betting today.
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