It may seem counterintuitive that the favourites have negative odds and the underdogs positive odds, but this is how the system works and we can understand the risks and rewards now. Team B, the underdogs, attract moneyline odds of +140 to win. Team A are favourites to win and a sportsbook offers moneyline odds of -170 for them to win. Let’s say Team A are to play Team B in a baseball match. Clearly an example would help make this a little clearer, so here we go:
Negative moneyline odds indicate the size of stake required to return $100 if the wager is successful. This creates a framework that means you may see the moneyline odds for an event shown as a positive or negative value, which in a team sport like hockey, baseball or football gives a very clear indication of the sportsbooks evaluation of the favourite and the underdog in a specific match.ĭigging in a little further, positive moneyline odds indicate how much a $100 stake will return if the wager is successful.
In contrast to the approach of decimal and fractional odds, this system references the odds to a fixed reference of $100. sports betting odds expressed is as ‘Moneyline’ odds. One of the most common ways to see popular U.S.
