If you're new to sports betting in the US, American odds (also called moneyline odds) can be confusing at first. This guide breaks down exactly how they work for golf betting.
What Are American Odds?
American odds use a baseline of $100 and come in two formats:
How much profit you'd make on a $100 bet. +200 means $200 profit ($300 total return).
How much you need to bet to make $100 profit. Rare in golf outright markets as no one is that heavily favored.
American Odds to Probability
To convert American odds to implied probability:
| American | Decimal | Implied Probability | $100 Profit |
|---|---|---|---|
| +500 | 6.00 | 16.7% | $500 |
| +1000 | 11.00 | 9.1% | $1,000 |
| +2000 | 21.00 | 4.8% | $2,000 |
| +3300 | 34.00 | 2.9% | $3,300 |
| +5000 | 51.00 | 2.0% | $5,000 |
| +10000 | 101.00 | 1.0% | $10,000 |
Why Comparing Odds Matters in Golf
Golf has some of the widest odds discrepancies across sportsbooks. The same golfer might be +2500 at DraftKings and +3300 at BetMGM. Over time, consistently taking the best available odds adds up to a significant edge.
Golf Tipsters automatically compares odds across all major US sportsbooks so you never miss value.