American Odds

American odds are primarily used by sites that cater to US sports bettors, also know as “moneyline odds” they are the odds most often used for moneyline betting for American sports bettors. American odds are probably the easiest to understand as odds represent how much the bettor will have to wager to win $100.

American Odds are simply one way to express odds. A pick em will be listed as “pk” or “pick” or “pick ’em” depending on your site. There are two basic types, favorites and underdogs

Favorites come with a – symbol attached. The higher the absolute value of the number, the better the chance the bet will win. So for example a -200 favorite has a better chance to win than a -120 favorite. 200 is greater than 120 so this is what we mean by absolute value, you ignore the – sign and take just the number when considering this.

Underdogs come with a + symbol attached. The higher the number, the larger the underdog. So a +200 underdog has a better chance to win than a +500 underdog.

American Odds always use a baseline value of $100. For favorites you are always risking the money to win $100, and with underdogs you risk $100 to win the amount.

A -135 favorite means you must risk $135 to win $100 from the sports book. So you either lose $135 or win $100, or push.

A +350 underdog means you risk only $100, but you win $350. You either lose $100 or win $350, or push.

American Odds can easily be converted into other odds such as decimal or fraction, using our free online calculator. Most, if not all, sites also offer odds in those formats, by simply choosing your preferred format.

We can also convert American Odds into percentages. This is useful because it gives you a breakeven % that you need to achieve long-term to win when betting certain odds.

The most common odds are -110 so we will use that. The question to ask is “how often will we need to win, when betting at -110 odds, to break even?” The answer is “enough so that you turn 110 into 210 often enough to overcome the juice” but it is expressed in percentages. So we take our $110 risked, divided by the ultimate $210 payout if our ticket cashes, and come up with .5238 or 52.38%. This means you must win at least 52.38% of your bets at -110 to break even.

Another example will involve underdogs. Let’s say we have a +200 underdog. How often do they have to win for us to break even? We take a $100 risk and divide by the ultimate payout of $300 and get .3333, or 33.33%. So any +200 underdog that wins 34%+ of the time is a profitable bet.

American odds are attached to point spreads in most American sports such as the NFL and NBA. Here is an example from the NFL:

Atlanta +3 -115
Carolina -3 +110

The American odds will give the bookmaker influence over the point spread without changing the key number of 3. Odds worse than -110 as we discussed can hurt your breakeven percentage and should be taken into account even when betting spreads. On the other hand, underdog plus odds will help your bottom line.

American Odds
5 (100%) 2 betyg

Best Casinos for Sports Betting

Best Casinos for Sports Betting

  • Strålande nytt casino med ett fantastiskt tema!
  • Massor av spel, utmärkt live casino och VIP Program!
  • 14Red Spelen är pålitliga och testade
100% Upp till €1200
14Red Casino
Fungerar med:
Rykte - 99%
Spelupplevelse - 99%
Bonusar - 99%
Värde - 99%
Helhetsintryck - 99%
  • Utmärkt Nytt Casino
  • Fantastiskt VIP program
  • Suveränt Mobil Casino
100% Upp till SEK12000
goliath casino sweden
Fungerar med:
Rykte - 97%
Spelupplevelse - 98%
Bonusar - 99%
Värde - 98%
Helhetsintryck - 98%
  • Funnits sedan 1997
  • Utmärkt programvara
  • Flerspråkigt
100% Upp till €140
888 Casino Sweden
Fungerar med:
Rykte - 98%
Spelupplevelse - 96%
Bonusar - 96%
Värde - 98%
Helhetsintryck - 97%
  • 450 Free Spins utan insättningskrav!
  • Få 500 kronor i bonus!
  • Ett av Sveriges snabbast växande casinon
200% Upp till SEK500
iGame Online Casino
Fungerar med:
Rykte - 97%
Spelupplevelse - 97%
Bonusar - 95%
Värde - 96%
Helhetsintryck - 96%
  • Instant play
  • Mobile friendly
  • Live chat 24/7
150% Upp till SEK5000
Fungerar med:
Rykte - 96%
Spelupplevelse - 95%
Bonusar - 96%
Värde - 97%
Helhetsintryck - 96%
  • Ett bra Casino för både sportsbetting och videoslots
  • Få upp till 2000 kr med 200% bonus vid första insättningen
  • 25 Free Spins direkt vid insättning, inga krav på omsättningen, ta ut vinsterna direkt!
200% Upp till SEK1000
Bethard World Cup
Fungerar med:
Rykte - 96%
Spelupplevelse - 95%
Bonusar - 95%
Värde - 95%
Helhetsintryck - 95%
  • 100 mobilspel och 500 totalt, betyg 85%
400% Upp till €800
Fungerar med:
Rykte - 97%
Spelupplevelse - 95%
Bonusar - 95%
Värde - 95%
Helhetsintryck - 95%
  • Mobil spel tillgängligt
  • Specialister på live casino spel
  • Inkluderar spelguider
100% Upp till SEK3000
Codeta Live Casino
Fungerar med:
Rykte - 95%
Spelupplevelse - 96%
Bonusar - 94%
Värde - 95%
Helhetsintryck - 95%
  • Stort utbud av spelautomater
  • Flera typer av bordspel
  • Live casino med riktig dealer
400% Upp till €1000
Fungerar med:
Rykte - 94%
Spelupplevelse - 94%
Bonusar - 94%
Värde - 94%
Helhetsintryck - 94%
  • Roligt och spännande spel
  • Spana in Beartown
  • Innovativa bonusar
300% Upp till SEK20000
Fungerar med:
Rykte - 97%
Spelupplevelse - 94%
Bonusar - 92%
Värde - 93%
Helhetsintryck - 94%