The New York Knicks might be listed at +1,000 while the San Antonio Spurs might be listed at +3,500. That means a player will win $450 on a $100 bet if the Celtics win the NBA title. For example, the Boston Celtics may be listed as +450 to win the NBA title.

Unlike the fractional odds, the bettor does not have to remember to add in the initial amount wagered since the decimal includes that part of the payoff.Īmerican sports also are represented by positive or negative numbers. The decimal number represents the exact payout, and that includes the initial wager as well as the profits from a winning bets. The decimal employed represents the amount the successful bettor wins for each dollar wagered. If you wager $20 at odds of 5/1, you will earn a profit of $100 and get your $20 bet back, for a full return of $120.ĭecimal odds are popular in Great Britain, Australia and some other countries. The 5/1 demonstrates the profit you will receive compared to every dollar you wager. American and British/European Odds FormatsĪmerican odds of 5/1 odds would mean that you win $5 for every $1 you wager and you get your original bet back. They are used more frequently used in British futbol than in American sports, and Americans who have taken a liking to European soccer will see these odds more frequently.

What does 5 4 odds mean