How much do you need to risk if you want to win $25 betting on the Giants at -225 odds? Convert the odds to a decimal (so -225 becomes 2.25) and multiply that figure by the amount you want to win. Add that profit to your initial $25 stake, and your total payout is $72. To make it even simpler, just multiply your wager by 1.88.Įither way, the answer is $47. To calculate your potential winnings, just multiply your wager ($25) by 188, then divide by 100. So let’s say your standard betting unit is $25, and you want to bet the Diamondbacks at those +188 odds. The good news is the process scales with your wager. In fact, you’re encouraged to establish betting units that fit your budget. While an example of a $100 bet is helpful for learning how American odds work, we don’t recommend it in practice unless you can afford it. Odds with a “+” indicate how much you’d win with a $100 bet.Odds with a “-” indicate what you’d need to bet to win $100. With San Francisco being the betting favorite-which we know because of the “-” symbol-bettors would have to wager $225 for a winning payout of $100 (plus your original $225). The Giants’ side of the equation is a bit trickier. We know this because, as the underdog (team expected to lose), the Diamondbacks have the higher potential payout.Īn easy way to remember it: The number attached to the “+” symbol reflects how much you would win for every $100 wagered. Giants example.Ī $100 wager on Arizona would pay out $188, plus your original $100 bet ($288 total). It helps to understand American odds by using hypothetical $100 bets, which we’ll do using the above Diamondbacks vs. Any team with a “-” in front of its odds is the favorite, while the “+” denotes the underdog. Here is a list of our partners who offer products that we have affiliate links for.Īmerican odds almost always indicate a clear favorite (side that’s expected to win) and a clear underdog (side that’s expected to lose). While we work hard to provide accurate and up to date information that we think you will find relevant, Forbes Advisor does not and cannot guarantee that any information provided is complete and makes no representations or warranties in connection thereto, nor to the accuracy or applicability thereof. The compensation we receive from advertisers does not influence the recommendations or advice our editorial team provides in our articles or otherwise impact any of the editorial content on Forbes Advisor. Second, we also include links to advertisers’ offers in some of our articles these “affiliate links” may generate income for our site when you click on them. This site does not include all companies or products available within the market. The compensation we receive for those placements affects how and where advertisers’ offers appear on the site. First, we provide paid placements to advertisers to present their offers. This compensation comes from two main sources. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive compensation from the companies that advertise on the Forbes Advisor site. The Forbes Advisor editorial team is independent and objective.
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