How do odds / prices work?

The sports odds, or price, on a given event can be rendered by an online sportsbook in one of three ways.

American

A price listed as +800 means that the bettor will return $800 profit on every $100 bet, plus the original stake. +500 will return $500 profit for every $100 bet, plus the original stake.

A price listed as -800 means that the bettor must bet $800 in order to have a profit of $100, plus the original stake. -500 would mean for every $500 bet $100 profit would be made, plus the original stake.

Decimal

A price listed at 8.00 means that the bet will return $800 for every $100 bet, including the original stake. A price listed at 5.00 means that the bet will return $500 for every $100 bet, including the original stake.

Fractional

A price listed at 8/1 means that the event will return $800 for every $100 bet, plus the original stake. 5/1 means that the event will return $500 for every $100 bet, plus the original stake.

For more information on betting, click here to see our Placing Bets page in the Help section of the website.

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