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American odds are a bit confusing on their face. They aren’t as straight-forward as decimal or fractional odds. American odds are based around $100, but how they relate to $100 varies depending on whether the bet is favored or not. For favored bets, the bet odds will start with a negative number and they tell you how much you need to bet to win $100. If the odds are -110, a common number for a bet involving a spread, you would need to bet $110 to win $100. If your odds are -200, you would need to bet $200 to win $100. Of course, bets don’t have to be that size, but that proportion will scale up or down. A $10 bet with -200 odds would give you $5 plus your original $10 bet back. Online Bookmakers Decimal odds are easily converted into a probability. Simply divide the odds into 1; hence odds for New England of 4.00 become 1/4.00 = 0.25.

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DraftKings said Monday that a "small number" of betting accounts were accessed by unauthorized users, leading to approximately $300,000 in customer funds being withdrawn in an attack the company believes was caused by login information being stolen from third-party sites. Upcoming Fights After what seemed like a lifetime of waiting, in late 2020 bettors were very excited to get some bets in on college basketball again. One BetRivers user turned $20 into nearly $7100 after hitting a 9-leg parlay that mixed spreads and totals bets.