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Feb 06, 2021 Follow along as we track the odds to win the 2020 NFL Defensive Rookie of the Year award. The graphs below were created by taking the average odds from several of our most trusted online sports betting sites. American odds start with either a positive or negative sign (e.g. A minus sign indicates a bookie’s favorite to win while a plus symbol indicates an underdog. A -250 favorite has a better chance of winning an event than a -150 favorite, while a +200 underdog has a better chance of winning than a +500. There are two instances of Moneyline odds: 'minus' moneylines and 'plus' moneylines. The first are 'minus' moneylines. This is expressed as for example, -120. But what does this mean exactly? Well, let's say bookmaker is offering odds of -120 for the Los Angeles Lakers to win a game. This is essentially saying that to win $100 you have to bet $120. Each boxer receives betting odds and those odds are expressed on the money line. Here is an example: Floyd Mayweather, Jr. Marcos Maidana +700. Above, you see Mayweather is -1100, while Maidana is +700. Minus means favorite and plus means underdog, so Mayweather is favored at -1100.

BRADENTON, FLORIDA - FEBRUARY 28: Collin Morikawa celebrates and smiles after his three stroke victory during the final round of the World Golf Championships-Workday Championship at The Concession on February 28, 2021 in Bradenton, Florida. (Photo by Keyur Khamar/PGA TOUR via Getty Images)

One of the best weeks on the golf calendar is upon us, with the 2021 Players Championship upon us at Pete Dye’s masterpiece, TPC Sawgrass. Though we never quite know what to expect and who will play well at this nuanced, ultra-difficult design on the site of a former swamp, the finishing holes always seem to produce a dramatic ending, and with a loaded field this week we’d expect the same.

Forty-eight of the top 50 players in the world (minus Brooks Koepka and Matthew Wolff) will tee it up at The Players, with a balanced top part of the odds board. It seems like oddsmakers can’t quite determine who has an advantage here, with Dustin Johnson (12-1) the slight favorite over last week’s winner Bryson DeChambeau (14-1), Rory McIlroy (16-1) and Jon Rahm (16-1). Of that group, Rory has the best record, having lifted the most-recent trophy at TPC Sawgrass in 2019 with last year’s cancelation. Though DJ is on an absolute tear, he has just one top-10 finish in 11 appearances at TPC Sawgrass, and it came in 2019.

Some interesting names follow below, with Xander Schauffele (20-1) and Justin Thomas (20-1) being offered at the lowest odds we’ve seen from them in recent memory. Recent winner Collin Morikawa (22-1) would be an attractive bet, having just won the WGC at Concession in Bradenton, Fla., and Patrick Cantlay (22-1) has also been playing some great golf.

What we know about TPC Sawgrass: Your entire game needs to be on, and trouble lurks around every corner—with 17 water hazards presenting ample opportunities to make a big number. We were joined by Matthew Fitzpatrick on this week’s episode of “Be Right,” our betting podcast, and Fitzpatrick goes into detail about what you need to do well to play well at TPC Sawgrass (though he’s still searching for all the answers, having broken 70 just once in 12 rounds played here. But Fitzpatrick, ranked 16th in the world, enters this week on one of the hottest stretches of anybody in the world, with a win in Dubai to end 2020 and three top-15 finishes on the PGA Tour entering this week. Perhaps he’s a sleeper at (40-1) you might like this week?

Here’s a complete list of odds, as of Monday afternoon, from our friends at William Hill:

Players Championship 2021 odds (courtesy of William Hill):

Dustin Johnson: 12-1

Bryson DeChambeau: 14-1

Rory McIlroy: 16-1

Jon Rahm: 16-1

Xander Schauffele: 20-1

Justin Thomas: 20-1

Webb Simpson: 22-1

Collin Morikawa: 22-1

Patrick Cantlay: 22-1

Tony Finau: 25-1

Jordan Spieth: 25-1

Viktor Hovland: 25-1

Hideki Matsuyama: 30-1

Tyrrell Hatton: 33-1

Tommy Fleetwood: 35-1

Scottie Scheffler: 35-1

Patrick Reed: 35-1

Daniel Berger: 35-1

Jason Day: 35-1

Sungjae Im: 40-1

Matthew Fitzpatrick: 40-1

Paul Casey: 45-1

Joaquin Niemann: 50-1

Cameron Smith: 50-1

Louis Oosthuizen: 55-1

Adam Scott: 55-1

Will Zalatoris: 60-1

Christiaan Bezuidenhout: 66-1

Jason Kokrak: 66-1

Mike Ehrmann

Lee Westwood: 70-1

Sergio Garcia: 70-1

Harris English: 70-1

Max Homa: 70-1

Billy Horschel: 70-1

Abraham Ancer: 70-1

Justin Rose: 80-1

Corey Conners: 80-1

Kevin Na: 90-1

Francesco Molinari: 90-1

Marc Leishman: 100-1

Russell Henley: 100-1

Lanto Griffin: 100-1

Sam Burns: 100-1

Si-Woo Kim: 100-1

Carlos Ortiz: 100-1

Kevin Kisner: 100-1

Cameron Tringale: 125-1

Branden Grace: 125-1

Cameron Davis: 125-1

Bubba Watson: 125-1

Chris Kirk: 125-1

Rickie Fowler: 125-1

Ryan Palmer: 125-1

Ian Poulter: 125-1

Shane Lowry: 125-1

Victor Perez: 150-1

Brendon Todd: 150-1

Alex Noren: 150-1

Andrew Putnam: 150-1

Kevin Streelman: 150-1

Keegan Bradley: 150-1

Byeong Hun An: 150-1

Matt Kuchar: 150-1

Emiliano Grillo: 150-1

Talor Gooch: 150-1

Sebastian Munoz: 150-1

Charley Hoffman: 175-1

Warren Little

Robert MacIntyre: 175-1

Wyndham Clark: 175-1

Maverick McNealy: 175-1

Brian Harman: 175-1

Gary Woodland: 175-1

Phil Mickelson: 175-1

Matt Jones: 200-1

Patton Kizzire: 200-1

Zach Johnson: 200-1

Chez Reavie: 200-1

Henrik Norlander: 200-1

Cameron Champ: 200-1

Luke List: 200-1

Bernd Wiesberger: 200-1

Jhonattan Vegas: 200-1

Ryan Moore: 200-1

Richy Werenski: 200-1

Doug Ghim: 200-1

Mackenzie Hughes: 200-1

Henrik Stenson: 200-1

Brendan Steele: 200-1

Russell Knox: 200-1

Harold Varner III: 200-1

Danny Willett: 250-1

Adam Hadwin: 250-1

Tom Lewis: 250-1

Matthew NeSmith: 250-1

Martin Laird: 250-1

Charl Schwartzel: 250-1

Dylan Frittelli: 250-1

Lucas Glover: 250-1

Aaron Wise: 250-1

James Hahn: 250-1

Kyle Stanley: 250-1

J.T. Poston: 250-1

Rory Sabbatini: 250-1

K.H. Lee: 250-1

Charles Howell III: 250-1

Patrick Rodgers: 250-1

Cameron Percy: 300-1

Brandt Snedeker: 300-1

Tom Hoge: 300-1

Keith Mitchell: 300-1

Adam Long: 300-1

Michael Thompson: 300-1

Nick Taylor: 300-1

Doc Redman: 300-1

Joel Dahmen: 300-1

Jason Dufner: 300-1

Sepp Straka: 300-1

Stewart Cink: 300-1

Peter Malnati: 300-1

Scott Piercy: 300-1

Nate Lashley: 300-1

Mark Hubbard: 350-1

C.T. Pan: 350-1

Anirban Lahiri: 400-1

Troy Merritt: 400-1

Hudson Swafford: 400-1

Brian Stuard: 400-1

Sam Ryder: 400-1

Pat Perez: 400-1

Andrew Landry: 400-1

Adam Schenk: 400-1

Scott Stallings: 400-1

Bo Hoag: 400-1

Austin Cook: 400-1

Vaughn Taylor: 400-1

Brice Garnett: 400-1

Danny Lee: 400-1

Graeme McDowell: 400-1

Denny McCarthy: 400-1

Beau Hossler: 500-1

Harry Higgs: 500-1

Tyler McCumber: 500-1

Brian Gay: 500-1

Tyler Duncan: 500-1

Jimmy Walker: 500-1

Robert Streb: 500-1

Sung Kang: 500-1

Robby Shelton: 500-1

Xinjun Zhang: 500-1

Scott Brown: 500-1

Ryan Armour: 500-1

Jim Herman: 750-1

Jerry Kelly: 1,000-1

Scott Harrington: 1,000-1

This guide will help you understand how betting odds work.

There are 3 different kinds of betting odds; Fractional, Decimal and American. American odds are often called Moneyline odds.

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HOW DO DECIMAL BETTING ODDS WORK?

Decimal odds are the easiest type of odds to understand.

To calculate your winnings using decimal odds, simply multiply your [tooltip text=”stake” gravity=”n”]Your “Stake” is the amount of money you wish to bet[/tooltip] by the decimal number. For example…

If you placed a $10 bet at odds of 2.00, you would simply multiply 10 by 2.00 to calculate your return.

10 x 2.00 = 20.00 = $20 return from your $10 bet

How about placing a $15 bet at odds of 1.57?

15 x 1.57 = 23.55 = $23.55 return from your $15 bet

That was easy wasn’t it?

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HOW DO AMERICAN [MONEYLINE] ODDS WORK?

American odds are calculated based on how much money you have to bet in order to win $100. The odds are always accompanied by either a plus [+] or minus [-] symbol. The symbols determine whether you need to bet more than $100 (-) or less than $100 (+), to win $100.

This may sound confusing at first, but it’s really not that difficult!

Lets jump right into an example of how American odds work. Remember that American odds are all about how much money you have to bet, in order to win $100.

Imagine the odds looked like this for a particular fight…

Fighter A = -150
Fighter B = +200

When working with American odds, you need to remember that the minus [-] symbol always means that you will have to bet more than $100 to win $100. Minus [-] odds are considered the “favourite”. Odds with the plus [+] symbol are considered the “underdogs”.

If you take a look at the odds above, you can see that Fighter A is the favourite at -150. This means that in order to win $100, you would have to bet $150.

Fighter B on the other hands is a +200 underdog. This means that you would only have to bet $50 to win $100. Here are a couple more examples using more challenging odds…

Fighter A = -600
Fighter B = +1000

In this example Fighter A has odds of -600, which means that you would have to bet $500 to win $100. Fighter B on the other hand has odds of +1000, which means you’d only have to bet $10 to win $100.

Working with American odds will take some getting used to and it can be difficult to work out the exact amount of money you will win from your bets at first.

You can practice working with American betting odds by visiting Best Fight Odds and using an Odds Converter to calculate your returns.

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Minus 500 Odds Ncaa Basketball

HOW DO FRACTIONAL BETTING ODDS WORK?

Fractional betting odds are favoured in the United Kingdom and Ireland and they’e the most popular type of odds used in Horse Racing. Although they may look confusing at first, they’re actually not that hard to work out. Lets jump right into looking at an example of how Fractional odds work…

If you wanted to bet $50 at odds of 6/4 six to four, this is how you would work it out:

First you have to add the numbers of the fraction together, in this case it would be 6 + 4 = 10. Then divide this number by the second number, in this case 4. 10 divide by 4 = 2.5. Then multiply this number by your stake. 2.5 x 50 = 125. Your return for a $50 bet at odds of 6/4 would be $125.

(6+4 = 10) 10 divided by 4 = 2.5

2.5 x 50(stake)= £125

What Does Minus 100 Odds Mean

If you get stuck and you’d like some help calculating how betting odds work, please don’t hesitate to get in touch.