The following is the formula for calculating the profit for the fractional odds of 7/1: How to Read American NBA OddsĪmerican odds are the most common format used by top US sportsbooks. Used primarily in Ireland and the UK, fractions represent the profit you would earn for a successful bet. Return is how much profit you made plus your original wager amount.Profit is how much money you won by placing your wager.So…what’s the difference between profit and return? As the name implies, they are always positive and decimal numbers.īelow is the formula for calculating the return and profit for decimal odds of 1.24. The most common format used by European sportsbooks are decimal odds. NBA odds are usually expressed in three different ways: But before you place your first NBA bet, let’s go over what the experts already know. Increase your chances of winning wagersīy the end of this guide, if you’re not ready to make the right picks but want to wager, our NBA computer picks page can help.Dive into basketball’s betting language.But just like everything else, practice makes perfect. Looking at odds for the first time can be a scary process.
