You would receive a payout of $116 which is your $66 profit plus your $50 stake. In this example, the Yankees are +132, therefore: Profit Formula for Positive American Odds = (Odds/100) x Wager We will take a look at an example from an MLB game between the New York Yankees and the Cleveland Guardians. Although it may initially seem confusing, it is actually quite simple and can be done in just a few seconds with the help of a calculator.Īs American odds have + and – betting there are two formulas depending on if you are betting on the positive or negative odds.

However, if you want to know how to calculate your own payout, it is possible to do so with American odds. When you bet with plus and minus odds at an online sportsbook, your potential payout based on your stake will typically be automatically displayed, so you won’t need to calculate it yourself. However, should you stake $100 and need to work out your return you would divide 100 by the odds (140) which gives you 0.71 and then multiply that by your stake, to see a profit of $71. The Orioles are -140, meaning that you would need to stake $140 to earn a $100 profit. If you placed a $100 bet on the Nationals and they pulled it off, you would secure a profit of $130 ((100/100) x 130) on top of your returned stake.

In this example, the Baltimore Orioles are priced at -140 in the moneyline, making them the favorites, whereas the Washington Nationals are +130, making them the underdogs. If you are betting on the underdog, the team with a plus before their odds, then the formula is (stake/100)*odds.Īn example can be found in the image below where, in the MLB, the Baltimore Orioles take on the Washington Nationals. So you divide 100 by the odds on a selection and, whatever that number is should be multiplied by your stake. To work out your return from US odds you need to use a one of two simple formulas: If you are betting on the favorite i.e., the team with a minus sign before the odds you use the formula (100/odds)*stake. If the odds are displayed with a minus sign, it indicates the amount you would need to bet in order to win $100. If the odds are displayed with a plus sign, you would win that amount if you placed a $100 bet. They work around the number 100 and are displayed with either a plus (+) or minus (-) sign, followed by a number. American odds are a way of expressing the likelihood of an outcome in a sporting event or other form of gambling.

What does plus 7 mean in betting