Glossary

How do I read betting odds?

How do I read betting odds? Learn how to interpret betting odds with our sports betting odds guide.

Overview

So, how do I read betting odds? There are two types of betting odds: positive and negative odds.

Positive odds

Indicated by a “+” in front of the odds number. These odds have a 50 percent or worse implied probability and are usually (though not always) used to indicate an underdog outcome.

With positive odds, bettors will win the listed amount with a winning $100 wager. That means that a $100 bet on +175 odds will result in a $175 profit and $275 total payout. A $50 bet on +200 odds will result in $100 profit and a $150 total payout, and so on.

Negative odds

Indicated by a “-” in front of the odds value. These odds have an implied probability greater than 50 percent and show how much a bettor must risk to win $100.-120 odds mean that a bettor must risk $120 to profit $100. -350 odds mean that a bettor must risk $350 to profit $100, and so on.

What are you waiting for?

Use the links below to sign up for Monster and start WINNING!