How Sports Betting Odds Work: From Price to Payout
American odds use -100 as the dividing line. Negative odds show how much must be risked to win $100; positive odds show the profit from a $100 wager. Odds What the price means Break-even probability -200 Risk $200 to profit…
Andy Nelson is the founder of Spread Bet Money and has over 20 years' experience studying sports betting form, with a particular focus on NFL, Soccer and Horse Racing.