USA PRESIDENTIAL ELECTION: 2016 ODDS
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Las Vegas Odds-2016 US Presidential Election
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Re: Las Vegas Odds-2016 US Presidential Election
I don't understand this system. I am used to odds like 2 to 1, 5 to 3, 10 to 1 etc
It says Hillary minus 140, Rubio plus 400 what does that mean??
It says Hillary minus 140, Rubio plus 400 what does that mean??
Re: Las Vegas Odds-2016 US Presidential Election
......"Moneyline oddsoakdale160 wrote:I don't understand this system. I am used to odds like 2 to 1, 5 to 3, 10 to 1 etc
It says Hillary minus 140, Rubio plus 400 what does that mean??
Moneyline odds are favoured by American bookmakers. There are two possibilities, the figure quote can be either positive or negative.
If the figure quoted is positive, the odds are quoting how much money will be won on a $100 wager (this is done if the odds are better than even). For example, fractional odds of 4/1 would be quoted as +400.
If the figure quoted is negative, then the moneyline odds are quoting how much money must be wagered to win $100 (this is done if the odds are worse than even). For example, fractional odds of 1/4 would be quoted as −400.
Moneyline odds are often referred to as American odds. Moneyline refers to odds on the straight-up outcome of a game with no consideration to a point spread.".....
https://en.wikipedia.org/wiki/Odds
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