Most of the sports games bookmakers operating in the modern world of esports in Europe use a convenient and understandable decimal system for forming odds, providing it to the masses for review and study. However, this method is not the only one. Considering the development of games in this sphere and their popularity among fans, the most well-known bookmaking organizations have started working with various options for forming and providing current odds, which would be understandable both to players and fans. Moreover, payment systems have become very diverse, and everyone can choose according to their taste, for example, bookmakers with neteller.
One of the recognized models is the American odds system, used in esports games. It will be discussed further.
American odds – what is their essence?
This is a specific, meticulously calculated format of odds from all participating bookmakers, which displays the possible probability of an outcome. It is determined by applying a method that takes into account the potential profit from the existing bet in 100 USD and a certain amount of the wager made.
This coefficient is displayed as a potential prize for bets in a particular bookmaker 22Bet. In global odds, it is indicated with the symbols “+” or “-“, for example, +200 or -300.
As mentioned earlier, all American odds can be either positive or negative. This means that:
- the “+” sign lets the bettor understand that this is the net profit they can receive from their hypothetical bet of 100 dollars;
- the “-” sign shows the player the necessary amount of the wager they should place to receive their desired profit of 100 dollars.
It is worth noting that the concept of American odds is gradually disappearing from the territory of the USA, giving way to traditional games display systems. Recently, bookmakers have been increasingly using classic games formats, including English or European ones.
How to convert American odds to the classic ones?
Many bettors, when dealing with bets, wonder how to convert the value of American odds to European? The answer is quite simple – you just need to divide it by 100, and then add one to the resulting number. For example, if the odds look like +360, then after dividing it by 100 and adding one, you get 4.6. It is worth saying that the American variant of odds is suitable for those players who have dealt with it before and understand all the nuances. Others are better off using the standard decimal format. Nevertheless, to broaden your horizons, it is worth learning something new in this area. After all, the information obtained can be useful and lead to the replenishment of your own budget.
