Betting Odds Explained: Understanding How Odds Work at FanDuel Sportsbook

FanDuel Sportsbook is America's #1 Sportsbook and it's time we helped you understand the betting odds system on sports. Lisa Kerney takes you through all the essentials to get you started with sports betting on FanDuel Sportsbook. Whether you're on the website or an app on your mobile device, you can easily join in on the fun of sports betting.

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[FanDuel]

What else do you want to learn about sports betting at FanDuel?

[jimv]

Change over to decimals or fractions, like horse racing. It's easier and more consistent.

[english]

Okay so how do I bet on inevitable debt, divorce, and the impact on children’s lives from all of this new advertising I’m seeing that promotes gambling?

[heltoncarvalho]

Fantastic explanation: The Payout is 100% plus the odds whether the favorite or the underdog wins.

[iViCMychael]

What does always accept odd movements mean?

[stevechalke]

Hey FANDUEL: Why not use the same algorithm for the favorite and the underdog? -115 means you have to bet $115 to win $100. But + 105 means you bet $100 to win $105. Those are two different methods. Why not simply specify how much you will win with the $100 bet for both the favorite and the underdog? In this case, it would be (100/115)x100 = about $87. So we would see Bills 87 and Colts 105, both conveying the same information (how much you win with a $100 bet) in the same way. This would be more clear, consistent, and understandable.

[NoCluYT]

I’ll just stick to the decimals. Much less thinking put into it😂

[Pvt.punchy]

I feel like she waited her whole life for that last line

[pat_stone]

This is so unnecessarily complicated. The 100$ base amount is arbitrary and makes it annoying to convert to different amounts. And even worse, the logic changes if you bet on the favorite versus on the underdog. For the favorite it's "how much do I have to bet to get 100$". So the -115 symbolizes the amount you BET. For the underdog it's "how much do I get, if I bet 100$". So the +105 symbolized the amount you EARN. You can't tell me this is easier than just having a multiplier. e.g. Bills are 1.9 and Colts are 2.1. Whatever you bet, if you win, you get that amount times the multiplier. So if I bet 100 on the Bills and I win I get 190.

[ZaydenJayy]

Who determines the favorite and underdog?

[someutubchannel]

If my Math teacher had looked like Her. 😍.. I would be a Mathematician today!!!

[gvvqdmp]

I didn't managed to create an account on the platform

[FrancisKoropa]

Is that applies to betting horses racing and NRL tips
.

[redbirdsjunkie]

I see both negative odds everyday on player props, for example a player's points line can say Over 21.5 -120 / Under 21.5 -110, which prop line would be considered the favorite?

[eranxesssdz]

Soccer games like manchester city only paying +700 not worth it

[yaboiapathy]

if i bet $10 and the win is $.14 do end with $10.14?

[watchmykicksllc]

I don't understand, why bet $100 to make 5? or $1000 to make 50?

[eranxesssdz]

WHY DID YOU GUYS REMOVE THE CORRECT SCORE OPTION THATS CHEATING

[andyrosenbaum]

The fact that they didn’t use the same bet and show the different payouts is monumentally annoying.

[Ahmad_here]

Wait what? So why would anyone bet 115 to win 100? I don't get it 😂