For every $100 you’re betting, you’re getting 91 dollars back, plus the original stake.Ĭalculating payouts with decimal odds is simple, you can simply multiply your wager by the decimal odds. Please view What is a moneyline bet? for a detailed example of using American odds.ĭecimal odds represent the total return for every $1 wagered, including the money you risked.Īn American moneyline at -110 is 1.91 in decimal odds. When using the American odds format, wagers are based on a $100 standard betting unit.
Here at DraftKings, there are three betting odds formats:Īmerican odds show the amount you must wager, or the amount you can win, based on $100 increments.Īmerican odds are traditional in the United States, and displaying odds in the American format is the default setting for DraftKings Sportsbook. This will calculate your potential payout for you. In our DraftKings Sportsbook, you can tap on any set of odds, represented by the green numbers (ex. Odds also show you how much money you could win from a wager. Odds are how likely an event or outcome is to happen.
