In Decimal odds, which is common in Europe, -110 translates to 1.91 odds. You can bet $11 to win $10, $20 to win $18.18, etc.įor those that live outside the United States, this may look even more strange since -110 is in American odds format. Of course, you don't need to literally bet $110 that is just the ratio of the amount bet to the amount won. When you see -110 odds, you need to bet $110 to win $100. This is why the odds are often called the price of a bet. The -110 listed is the actual odds given for these bets, and the odds determine how much you win based on the amount of your wager.
Whether you're brand new to betting, have placed some bets but have disregarded the -110, or live outside the United States and are unfamiliar with American odds, you'll be an expert in no time after reading. If you don't know what that means, don't worry - we're covering that today and it's not nearly as complicated as it looks. When betting these choices, you will almost always see -110 listed with them. Last week, we went over how to read sports betting odds and covered the most common items you'll see on a betting board inside a sportsbook (or on your screen with your online sportsbook).
