Can someone please explain how betting odds work?

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  • Enayze
    Boss
    Platinum Champion - 1,000-5,000 posts
    • Nov 2004
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    #1

    Can someone please explain how betting odds work?

    hwo doe betting odds work, what does -250 or +380 mean?, and how does that come out to be 4-1 odds.
  • RAESAAD
    THE MUTHA****IN TRUTH
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    #2
    Originally posted by Enayze
    hwo doe betting odds work, what does -250 or +380 mean?, and how does that come out to be 4-1 odds.
    -250 means you have to bet 250 dollars to win 100 that would be betting on a favorite.+250 would mean you bet 100 to win 250 meaning you are betting on an underdog.so it would be 2.5 to one.

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    • βetamax
      Undisputed Champion
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      • Sep 2007
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      #3
      Whatever you do, don't sign up with bookmaker.com unless you want to receive phone calls every day.

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      • MaryJane
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        • Nov 2025
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        #4
        Understanding odds can definitely be confusing at first, especially when you start seeing plus and minus numbers instead of simple fractions. If you ever decide to test things in real practice, the 1win app makes it a bit easier because the interface automatically converts odds and shows potential payouts before you place a bet. What I like most is that everything works straight from the phone — fast loading, real-time updates, and no need to open a browser — so you can learn and experiment with small bets without getting lost in complicated menus or slow payout systems.

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        • Smash
          Undisputed Champion
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          #5
          oh to be back in 2005 again

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          • siablo14
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            #6
            The decimal or fraction odds format make the best sense.

            American silliness on display again with that +/- format.

            When you see 1.50, you easily know that your profit will be 50 of what you bet. Same for a 0.5/1.

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            • MaryJane
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              • Nov 2025
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              #7
              I remember being totally lost with betting odds too, those + and – numbers looked like some secret code everyone except me understood. When I first tried to figure it out I messed around on https://1winonline.net.ng/ because everything betting-related is right there on the front — different sports, live odds, casino stuff, all in one place so you can compare numbers without opening a million tabs. About the odds themselves: the minus sign (like –250) usually means the favorite, so you’d need to bet 250 just to win 100, and the plus sign (like +380) is the underdog, meaning a 100 bet pays 380 if it hits. It’s not exactly 4–1 unless you convert it, which is why it’s confusing at first. Once you stare at it a bit and see how payouts look before placing anything, it starts to click — the hardest part isn’t the math, it’s not letting the numbers trick you into thinking something is “easy money.”

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