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What are Betting Odds?

Up to $1000 in 4 risk free bets

New Customers only, T&Cs apply ,21+, NJ only.

Well as the title of the site indicates - this might be something we know a little bit about.

Quite simply - betting odds are the odds that a Sportsbook will give for an outcome of predominately a sporting event (although around the world you can also bet on things like reality TV, politics, will it snow on Christmas Day and many more niche markets. For us though it is all about understanding the odds for sporting events.

There are three different types of odds that are given Globally - American - Decimal and Fractional.

American Odds

In America the most common odds used are (unsurprisingly) American odds. This is where any value marked with a minus sign indicates that the bet is priced up at odds on. Meaning you will get your stake back plus less than the value of your stake should you win.

For example - if the Dallas Cowboys were -200 to beat the New York Giants straight up and they did win and you’d bet $10. You would get back $15 - which is your original stake back plus $5 in winnings from your Sportsbook.

Any value with a + means that the bet is odds against. So in the same scenario - the Giants may well be something like +200. If they pulled off the upset then you would get $30 back from the Sportsbook. Your $10 original stake plus $20 in profit.

Any bet classed as quite simply ‘100’ without a plus or minus means it is deemed an Even money shot by the Sportsbook. You’ll get your stake back should you win plus exactly the same again. Basically a double your money play.

Today's Betting Odds

Tennis Parlay Bonus - up to 70% more

If your bet wins,Bet365 will add a bonus of 5 - 70% to your winnings. The bonus amount is dependent on the number of selections. T&Cs apply,NJ only.

Money Monday Club

Receive a $10 Free Bet when you place a total of $50 in qualifying wagers during the previous week.T&Cs Apply,opt-in required. NJ only.

NFL Parlay Profit Boost

Log in each Sunday to get a 20% Parlay Profit Boost each week!

Win a VIP trip to Super Bowl LVI

Every cash wager of $10+ (min odds of -200) on NFL Markets, earn entry into the Grand Prize Drawing, T&Cs apply.

SAME GAME PARLAY INSURANCE!

Place a SAME GAME PARLAY Bet on any MLB or NFL Game with 4+ legs and receive money back up to $25 if exactly 1 leg fails. T&Cs apply,NJ only.

Sport Club $10 Bonus

Place 5x sports bets of $10 or more at minimum odds -300 and receive $10 in bonus money every week. T&Cs apply,NJ only.

Tennis Cash Booster

Claim 4x profit boosts exclusively on tennis each week. 2x boosts will be available on the indicated days of the week, valid only for live tennis bets, T&Cs apply.

NBA 20% Live Profit Boost

Get rewarded with a 20% Profit Boost on any NBA Live wager every Wednesday, max $25, T&Cs apply

NCAAF Early Payout Offer

Get your straight bets paid out if the team you back gains a 17 point advantage - for parlays the selection will be marked as a win. T&Cs apply,NJ only.

2 Goals Ahead Early Payout Off

T&Cs apply. New & eligible customers only,21+ NJ only.

No Score Tie Soccer Offer

T&Cs apply. New & eligible customers only,21+ NJ only.

MLS One Game Parlay Insurance

A minimum of two picks and a maximum of 10 picks from a single game can be included in a One Game Parlay wager,max insurance $25. T&Cs apply. 21+,NJ only.

Multi-Sport Parlay Bonus

Place pre-game parlay of 2 or more selections and new customers can get 5-70% winnings depending on selections. T&Cs apply,21+ NJ only.

Parlay Plus

Get 40% more in profits on winning parlays! Opt-in and place a 4-7 leg parlay on any combination of sports or event. 21+,NJ only.

Upto 60% more on Parlays

If your parlay wins,get extra cash on top,from 5% to 60% depending on selections. T&Cs apply,21+,NJ only.

Weekly Free Bet

Place 10 valid sports bets online between Fridays and Thursdays and get a $5 free bet. T&Cs apply,21+,NJ only.

Level Up Booster

4%-50% boost on parlays dependent on selections. T&Cs apply,21+,NJ only.

Parlay Boost

Get 40% more in profits on winning parlays! Opt-in and place a 4-7 leg parlay on any sports combo. T&Cs apply,21+ NJ only.

 

20% NFL & NCAA Early Week Boost

Log in each Tuesday to get a 20% Profit Boost to be used on NFL OR NCAAF!

EPL One Game Parlay Insurance

Place a 3+ leg One Game Parlay on any game and one leg lets you down,you will get your wager refunded up to $25. T&Cs apply,NJ only.

Halftime Payout

Place a money line wager on either Thursday Night team. If they’re up by ten or more points at the half,your bet counts as a win,regardless of how the game ends.

Risk-Free Bet on the First TD Scorer

Place a prop bet on a player to score the first touchdown of any NFL game and you’ll receive up to $25 in Free Bets if your wager loses.

NFL One Game Parlay Insurance

Opt-in and place a Football One Game Parlay wager with 4 legs or more, and if you miss 1 leg, you’ll receive up to $25 back.

College Football One Game Parlay Insurance

Opt in and place a Football One Game Parlay wager with 4 legs or more, and if you miss 1 leg, you’ll receive up to $50 back, T&Cs apply.

NHL $10 Live Free Bet

Place a $50 live wager on any NHL® game on Wednesday or Thursday to receive a $10 Free Bet, T&Cs apply.

NFL Early Payout Offer

Get your straight bets paid out if the team you back gains a 17 point advantage - for parlays the selection will be marked as a winner. T&Cs apply,NJ only.

Decimal Odds

These are commonly used on Betting Exchanges and in this situation Even money - or ‘100’ is deemed as 2.0. Any number below that means odds on and any number greater than that is odds against. The lowest bet you can place is at 1.01 which is akin to -10000 in American odds.

Fractional Odds

These are the traditional way of calculating odds and are still used in the US with regards to many Futures Bets with some Online Sportsbooks.

Some markets may price up the Kansas City Chiefs as +450 to win the Super Bowl or 9/2 as an example.

Fractional odds are extremely easy to calculate for odds against bets as you simply do the sum - i.e. 9 divided by 2 = 4.5 and then times it by 100 = +450.

For odds on markets the math is slightly harder but not by much. A 1/2 favorite in fractional odds would be -200 in American odds - to convert from fractional odds to American you do the fractional value - i.e. 1/2 = -100 / (1/2) = -200

Even money here is classified as 1/1 with +200 set at 2/1 and so on when calculating odds against markets.

Free Betting Offers
100% first deposit bonus up to $250
21+, T&Cs apply, only 1x wager required.
Up to $1000 risk-free first bet
New customers, 21+, T&Cs apply, NJ only.
Up to $500 in bet credits
Up to $500 in Bet Credits for new customers. Make a min $10 deposit, place bets to deposit value, once they are settled, matched amount in Bet Credits available to use. Bet Credits risk excluded from returns, T&Cs apply.
Up to $1000 in 4 risk free bets
New Customers only, T&Cs apply ,21+, NJ only.
First bet matched up to $1001
New Customers Only, 21+, T&Cs apply, NJ only
Bet $50,get $50 (100% deposit match)
21+, T&Cs apply, please gamble responsibly, NJ only.
Up to $250 risk free bet
21+, NJ residents only, T&C's apply.
$500 Risk Free Bet
21+, New customers only, T&Cs apply, NJ only.
Get $100 in free bets when you bet $20
Min $25 stake, New Plyrs, 21+, T&Cs apply.