![]() ![]() The American format allows sportsbooks in many cases to offer a more easily understandable line. 200, should be interpreted as meaning that the bettor must wager 200 to win 100. ![]() Odds displayed as a negative number, e.g. The American format expresses odds based on 100 a 2/1 underdog would be posted in fractional format as +200. American odds evolved from the oddsmakers’ desire to provide as much precision in offerings.A winning bet at 1/2 odds pays out half the wagered amount. Fractional odds are by far the most commonly associated with sports betting, as evidenced by a turn of phrase such as “Two-to-one Brady’s lying about deflating footballs.” In the fractional odds format, a winning bet at 2/1 odds pays out at twice the wagered amount.Three standard formats for expressing odds are used internationally, though almost every sportsbook will use a combination of two different styles for NFL betting odds. However, the complexity and opportunity within the less commonly-played sportsbook offerings may surprise some trying to take their betting game to another level. NFL Betting Basics: Types of odds and betsĪs just stated, betting and football are greatly intertwined and even those who have no intention of ever placing wagers on NFL games know and understand the basic ways to bet. ![]()
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