American odds can appear very confusing if you are used to fractional or decimal odds, but they are in fact one of the easiest sets of odds to work with once you understand how they work. US odds always come in the shape of a three digit number that starts with a plus or a minus sign, each representing a figure in relation to a $100 bet. If the figure has a plus sign in front of it, it shows how much you win on top of your $100 bet, and if it has a minus sign in front of it, it shows how much you have to risk to win $100. Here are some simple examples:
American Betting Odds Explained
You see a US price of +500. This means that the odds of the event are 5 to 1 in fractional odds, or 6 in decimal odds. You have to risk 1 unit to win 5.
You see a US price of -200. This means that the odds of the event would be 1 to 2 in fractional odds, or 1.5 in decimal odds. You have to risk 2 units to win 1.