Your winnings will be calculated as a ratio of those $100 odds.Ī moneyline bet, the most basic bet in sports betting, is simply picking the winner of a game.įor example: You bet on the Toronto Maple Leafs moneyline if they win, you win! If they lose, well… you get the picture. TLDR The less likely an outcome, the higher the odds, and the more a bet will pay. For example, if you see the odds are +120, that means if you wager $100, your potential profit is $120. The '+' odds show the amount of money you'd win if you bet $100. For example, if you see the odds are -120, that means if you wager $120, your potential profit is $100 (plus your original stake). The '-' odds show how much you'd need to bet to win $100. The '-' wagers have a higher chance of paying out and the '+' wagers a lower chance. The - and + next to the odds are used to show the potential payout and whether the wager is more or less likely to win. Odds are the measure of how much you can win per $100 wager. Cha-ching.Īmerican odds - the format you'll see most often on North American sports betting sites - begin with either a minus sign (-) or a plus sign (+). The most important part of sports betting is the odds, because that's how you determine how much money you can win on a bet.