If the fraction is less than one, it is known as odds-on. A fraction odd of ⅘ means earning $8 profit for every $10 you stake.įractional odds of ⅘ is equivalent to an American odds of -125 and a decimal odds of 1.80. The first number(numerator) is the amount you would win by risking, while the second (denominator) is your stake.

Fractional odds are quoted as a fraction showing the potential amount paid out relative to a given stake. That is $1.50 profit and $1, which represents your stake.įractional Odds: It is used mainly in the United Kingdom and Ireland. You can use a parlay calculator to make conversions in decimal and American odds.įor example, a decimal odds of 2.50 means that you would enjoy a return of $2.50 for every $1 you wager. A decimal odd makes it easier to know your returns on a parlay. It includes the amount of profit earned and your stake. It states the potential profits you should expect on your bet amount if your bet is successful. If one of the teams has a negative odd and the opposition team has a positive odd, the negative one is the favorite while the positive one is the underdog.ĭecimal Odds: Decimal odds are mostly used outside of the United Kingdom, United States, and Ireland.

You would get your stake returned if your bet wins so that your return is $220. For example, an American odds of -120 means that you must wager $120 to earn a $100 profit. Negative odds(-): It indicates the amount you would need to wager to get a $100 profit. You would also get your stake returned for a successful bet, so your return would be $220. For example, an American odds of +120 would win $120 on a successful $100 bet. Positive odds (+): It states the amounts of profit you would earn from a $100 bet if your wager is successful. The American odds usually start with a plus(+) or a minus(-).

The American odds are also identified as Moneyline odds. The sportsbooks in Asia may also quote Hong Kong, Indonesian, and Marlay odds. A betting odds calculator can calculate these formats. The three most important betting odds formats are American, decimal, and fractional odds.

Parlay payout moneyline