# š¢Odds

Odd define the risk:reward ratio of a bet. Different parts of the world use different formats but in the end, they all mean the same thing: the amount of money you get back based on your stake.

American odds are defined as positive integers above 100 or negative integers less than -100. Positive numbers define bets which are under 50% implied probability and represent the profit if you staked $100. So odds of +200 mean you get 200% profit (300% return) on your stake. Negative odds represent the amount you need to stake to get a profit of $100. So -150 means you need to stake $150 to profit $100. (If you are not American and are reading this thinking, "that is an insane system," you are correct.)

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