1000 Odds
Betting Odds Converter. The betting odds calculator tool allows you to enter your odds in American, Decimal, or Fractional formats & translate them into the format you want. As always, news happens in the National Football League. Last week, one of the top defensive ends of all time signed with a team, the Dallas Cowboys continued to play games with their best player, and the Jets made it known they’re accepting offers for their current quarterback. Boxing Betting Odds: In standard boxing betting, you simply pick which boxer will win the fight. Each boxer receives betting odds and those odds are expressed on the money line. Here is an example: Floyd Mayweather, Jr. Marcos Maidana +700. Above, you see Mayweather is. Converting American odds into fractional odds is simpler. Divide the odds by 100, and then reduce it to its simplest form, e.g., 400/100 is the same as 4/1. To convert negative American odds into decimal odds, we’re going to tweak the equation. This time, we need to divide 100 by the odds, or moneyline, and then add 1. (100/400) + 1 = 1.25. You’re most likely to come across American odds when you’re betting at American sports betting sites. This odds expression indicates a bettor’s return relative to a base figure of 100 units. American odds start with either a positive or negative sign (e.g.
Welcome to the Sports Betting Odds section of The Sports Geek. If you are new to sports betting and don’t understand how to read betting odds (+150, -110, +2200, etc) we will lay it all out for you and help you learn how the betting odds work.
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Sports Betting Odds Explained
Many people don’t know how to read or calculate sports betting odds, so below we have done our best on explaining how betting odds work. The most common type of sports betting odds used in North America are the American style odds which we explain below.
American Style Sports Betting Odds
Most online sportsbooks will list their odds in what is called “American Odds”. There are a couple different versions of sports betting odds, but these American Odds are the most common odds used. Reading and understanding sports betting odds can bet a little confusing to beginners, so we have provided an example below using two NFL football teams:
American Odds
- Matchup Odds
- New England Patriots +120
- Pittsburgh Steelers -140
The number shown in the bracket represents the odds. The American Odds have two components to them, the first being the positive or negative sign, and the second being the number that follows the sign.
The sign in front of the number indicates whether placing a wager on that outcome will pay out more money then you have wagered or less money then you have wagered. If the odd is negative (-) it means that outcome is more likely to happen and placing a bet on that outcome would payout less than the amount you wagered, while a positive (+) odd shows that the outcome is less likely to happen and it would pay out more than the amount you wagered.
The next step is figuring out exactly how much the bet pays out, which is where the numbers in the odds come into play.
A listed odd with a – sign in front of it, such as the -140 in our example above, shows us how much money you would need to wager in order to win $100. So using the -140, this would show us that you would need to bet $140 in order to win $100 in profits. You can easily substitute the $100 bet for a $10 bet by moving the decimal place over one spot, showing us that you would need to wager $14 in order to win $10 in profits.
Examples:
A listed odd with a + sign in front of it, such as the +120 in our example above, shows us how much money you would win on a $100 bet. Using the +120 odds, it shows us that a $100 bet on that outcome would pay out $120 in profits. Again this can easily be converted into smaller or larger size bets. A $10 bet on +120 odds would pay out $12 in profits.
Examples:
Below is an example of NFL betting odds taken from an online betting site.
In this example you can see Los Angeles is listed at +130 ($100 bet pays $130 plus of course your original wager back) and New England is listed at -150 ($150 bet pays $100).
The great thing about betting online is that the online sportsbooks will do the calculations for you before you place your bet. You can click on the outcome or team you would like to bet on, and then input the amount you wish to wager and it will show you your potential pay out before you confirm your bet.
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Decimal Style Sports Betting Odds
Decimal style odds are used mostly in Europe, and are pretty easy to understand. To calculate the decimal style odds all you will need to do is simply multiply the amount you wish to wager by the decimal odds shown and you will get your payout. For example it may look something like this:
If you wanted to place a $10 wager on the USA at 2.40 you would simply need to multiply your $10 wager by the 2.40 odds (10 x 2.40) to find out that the payout is $24. It is important to realize that with decimal style odds it includes the amount you wagered, so to find out profits you would need to subtract your wager ($24 – $10) to find out your potential payout is $14 in profits.
If you wanted to place a $10 wager on Brazil you would again just multiply $10 x 1.55 to find out that you would win $15.50 total or $5.50 in profits.
Decimal style betting odds are very simple to understand, but you won’t see them displayed in many North American sportsbooks. With that said, most online betting sites will allow you to chose the style of betting odds you want displayed, with American odds set as the default.
Super Bowl 56 Odds
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Updated Sun, Mar. 7, 4:15 PM ET - Odds Provided by BetMGM - Subject to Change
AFC Championship Winner Odds
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Odds Provided by BetMGM - Subject to Change
NFC Championship Winner Odds
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Odds Provided by BetMGM - Subject to Change
AFC North Winner Odds
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Odds Provided by DraftKings - Subject to Change
AFC South Winner Odds
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Odds Provided by DraftKings - Subject to Change
AFC East Winner Odds
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Odds Provided by DraftKings - Subject to Change
AFC West Winner Odds
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Odds Provided by DraftKings - Subject to Change
NFC North Winner Odds
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Odds Provided by DraftKings - Subject to Change
NFC South Winner Odds
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Odds Provided by DraftKings - Subject to Change
NFC East Winner Odds
| Odds To Win NFC East (1/2/22) | |||||||||||||||
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Odds Provided by DraftKings - Subject to Change
NFC West Winner Odds
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Odds Provided by DraftKings - Subject to Change
How to Read the Super Bowl 56 Odds
The 2020 season is over after the Tampa Bay Buccaneers rolled past the defending champion Kansas City Chiefs to capture its second Super Bowl championship in franchise history.
Now, the page turns to the 2021 campaign and Super Bowl 56 to be played at SoFi Stadium in Inglewood, California, the home of the Rams and Chargers.
According to the betting operator, BetMGM, the Chiefs are once again the favorite to win the Super Bowl at +600 odds (Bet $100 to win $600).
The Buccaneers are the third-betting choice at 10/1 odds, right behind the team they knocked out in the NFC Championship, the Green Bay Packers at 9/1.
A team that will receive a lot of attention in the offseason is the Los Angeles Rams after acquiring veteran quarterback Matthew Stafford from Detroit. The Rams are currently at 12/1 odds along with the Baltimore Ravens and Buffalo Bills
How to Bet on NFL Futures
- Where to Bet:
100 Odds
Who’s going to win the Super Bowl? One of the most popular questions often asked by anybody and everybody that bets on NFL Futures, especially online bettors from the United States. Answering that question isn’t easy but placing wagers on NFL Future odds can be done on “Any Given Sunday” and every other day too. Put simply, the Futures market for the NFL is always open. The opening market is set by oddsmakers after the following season has ended in February, sometimes even while the current season hasn’t been completed yet in late January. For the most part, the initial betting lines are mirrored based on what the current perception of the team is after the latest season and that’s where the value can be had.
The NFL has 32 teams, split into two conferences of 16 and then divided into four divisions of four. NFL Futures are available to win not only the Super Bowl, but also the winner of each conference and the eight divisions as well. Some online betting shops get even more creative with their markets and allow bettors an opportunity of which two teams will meet in the Super Bowl. Those odds are usually higher and bettors can strike a generous return but predicting one outcome isn’t easy, so imagine doing so twice.
Super Bowl Odds
The pro football finale usually takes place on the first Sunday in February and the outcome of that game is tied into plenty of Futures Odds tickets, in particular bets placed on Super Bowl Odds. The most popular futures betting market is focused on the Super Bowl and the final outcome boosts the handle for the Super Bowl, since future tickets are made official after the last game.
After the opening odds are posted in late January or early February, the Super Bowl Odds market tends to be stable until the spring or second quarter of the year. During the time, the NFL produces the NFL Draft where top College Football players are selected by teams. While it’s rare to see youngsters make an immediate impact on teams, the optimism from fans can lead to future bets. Along with the draft, the NFL Free Agency period begins and that allows players to join other teams with new contracts. These transactions are very volatile on the Super Bowl Odds market and bettors often place wagers on clubs, especially if they acquire a top position player like a quarterback.
After the spring and summer, the largest volume of Super Bowl Odds tickets take place in August just prior to the regular season. At this time, most bettors have done their homework on rosters, coaches, schedules, etc. That betting research is essential in your NFL Future wagers analysis.
Betting on Super Bowl Odds
Where can I bet on the 2021 Super Bowl?
There are several legal sportsbook options in the United States. Visit our sportsbook directory to find online sportsbooks where you can bet on who will win Super Bowl 56.
What type of bets can I make on NFL?
In addition to betting on who will win the NFC, AFC, and the Super Bowl, there are multiple angles you can bet on individual games. Check out our NFL odds page for the odds on each game. You can also find odds for Win Totals, MVP, Rookie of the Year, and Playoff Props on our site.
Where can I learn how to bet on football?
What Does +1000 Odds Mean
To learn more about betting on football, check out our football betting tutorial.