GHOST BETTING TIPS

The Difference Between American Odds And Decimal Odds (And How To Use Them)

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Everyone has their favorite betting odds format, with the most popular being American odds and decimal odds.

But what is the difference between American odds vs decimal odds?

And how do calculate your winnings?

Stick around to learn how.

American Odds

These are odds relative to a 100-unit wager.

Here’s an example of what American odds look like:

American odds example

Odds with a ‘-‘ symbol show how much you must bet to win 100 units.

So using the example above, -170 odds show you must wager 170 units to win 100 units.

For players that don’t wager with 100-unit sizes, here’s how to calculate the return on negative odds:

Return = Stake x (100 / Odds)

So, for example, if you bet $50 on the Bears:

Return = $50 x (100 / 170) = $29.41

On the other hand, odds with a ‘+’ symbol show how much you would win from a 100-unit bet.

So using the example above, +145 odds show you would win 145 units from a 100-unit bet.

For players that don’t wager with 100-unit sizes, here’s how to calculate the return on positive odds:

Return = Odds x (100 / Stake)

So, for example, if you bet $50 on the Packers:

Return = 145 x (145 / 100) = $210.25

Decimal Odds

As the name suggests, these are odds displayed in a decimal format.

Decimal odds are also known as European odds.

Here’s an example of what decimal odds look like:
Decimal odds example

Decimal odds include the stake within the total payout, rather than just the profit.

To calculate the potential return using decimal odds, simply multiply your stake with the odds on offer:

Total Return = Stake x Odds

To calculate your profit:

Profit = Total Return – Stake

So, for example, if you were to bet $50 on the Packers:

Total Return = $50 x 2.45 = $122.50

If the bet wins:

Profit = $122.50 – $50 = $72.50

Converting American Odds To Decimal Odds

Here are some examples of American odds converted to decimal odds.

Use our odds converter if you need to convert your own.

Negative American Odds To Decimal Odds

American OddsDecimal Odds
-1011.990
-1051.952
-1101.909
-1151.870
-1201.833
-1301.769

Positive American Odds To Decimal Odds

American OddsDecimal Odds
+1002.000
+1052.050
+1102.100
+1152.150
+1202.200
+1302.300

No matter what odds you prefer using, Ghost Betting’s picks always provide the odds of best value to bet.

Note that even if you are using American odds or decimal odds, the potential profit from your bet will never change.The only thing different is how it is presented.

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