What are American Odds?
Moneyline odds are favored by American bookmakers and therefore are often referred to as American odds. With this format, the odds are quoted using either a positive or a negative number. The largest negative number indicates the favorite, and the odds show how much money you'll have to risk to win $100. A positive number indicates the underdog, and the odds show how much money you'll win on a $100 wager. When the odds are listed as EVEN, you'll win exactly what you wager. A standard line, where the odds are -110 for both teams, indicates that neither team is favored to win. For example:
Boston Celtics (-1000) vs. Cleveland Cavaliers (+600)
If you bet on the Celtics, you'll have to risk $1000 to win $100. However, if you bet on the Cavaliers, you stand to win $600 for every $100 you wager.
How to change your odds format to American:
1. Click the profile icon at the top of any page, then select ‘Profile Settings’.
2. Click the arrow next to Sports Odds and select ‘American Odds’ from the menu.
3. Click ‘Save’ to lock in your changes.
In Bovada Sportsbook, you'll find American odds attached to point spreads, moneylines, totals, futures and some sports and entertainment props.
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