American odds definition

American odds means a way of representing the probability that something will happen using a baseline of $100. For example, a bet with odds of +585 means a player needs to bet $100 to win $585 and a bet with odds of -760 means a player would need to bet $760 to win $100.

Examples of American odds in a sentence

  • If a bet is voided, it will be settled with the odds of 1.00 = +0 in American odds, i.e., wager is refunded to the Patron.