At Picklebet, we offer three odds format types. You can change your odds format here.
The formats we have available are as follows:
American odds (also known as Moneyline odds), either indicate the amount you need to wager to win $100, or the amount you could win for every $100 staked, depending on the negative or positive sign.
- The odds for favourites have a minus (-) sign to indicate the money you need to stake to win $100. For example, odds of -130 means you must stake $130 to win $100 (payout of $230).
- The odds for underdogs have a plus (+) sign to indicate the money you’ll win for every $100 staked. For example, odds of +110 means you will win $110 for every $100 you stake (payout of $210).
Decimal odds indicate the payout you could receive for every $1 you stake.
For example, if you stake $100 at 4.00 odds, you could win a payout of $400 ($100 stake, plus $300 winnings).
Fractional odds indicate the amount you’ll win in comparison to your stake.
For example, with fractional odds of 100/10; the number on the left indicates how much you’ll win, when you stake the number of the right. In this example, if you stake $10, you could win $100 (payout of $110).
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