12/12/2023 0 Comments What does 115 mean in gamblingThis scales for the size of the bet, so if a bettor wanted to only risk $10 on the Rams to win, they would earn $3.33 if Los Angeles wins (plus their original $10 that they risked back). In this matchup between the Seattle Seahawks and Los Angeles Rams, a bettor would need to risk $300 on the Los Angeles Rams to win on the moneyline in order to win $100. In this case, it means you need to risk that dollar amount in order to win $100. If you are betting on a favorite with American odds, they will have a minus sign (-) in front of them. ![]() American odds scale up and down based on a bettor’s wager amount. So, how exactly do you read American odds? How to Read American Odds ExplainedĪmerican odds are based on winning or wagering $100 on a given wager, but you don’t actually need to wager $100 for it to work. If a bettor wished to place a bet on the over or under in this matchup, it would come at -110 odds. For example, a bettor that wants to wager on the Detroit Pistons +7 would be placing that bet at -115 odds. In the case above, the -110 or -115 are the odds for the outcome of the game. It may seem tricky at first, but we plan on helping you understand American odds, how to read them, and how to calculate your potential payout with them. ![]() These are American odds, which differ from the decimal or fractional odds that are more commonly used around the world.
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