American odds can be basically interpreted as “The Net amount you win after making a $100 bet” So if the odds are +150 you win $150 PLUS your initial $100 bet if you win the bet.
Negative american odds means “the amount you have to be to win $100” so odds o −230 would mean you have to bet $230 to win $100
American odds can be basically interpreted as “The Net amount you win after making a $100 bet” So if the odds are +150 you win $150 PLUS your initial $100 bet if you win the bet.
Negative american odds means “the amount you have to be to win $100” so odds o −230 would mean you have to bet $230 to win $100
Yeah, I got that, but it’s a very counterintuitive way to describe probability, especially the negative thing.