American Sports Betting Odds
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After a two-week stint in Hawaii to open the 2021 PGA Tour schedule, competitive golf moves to PGA West in La Quinta, California, for The American Express. Below, we look at the 2021 American Express betting odds, and make our PGA Tour picks and predictions to win.
- Kansas City Royals +6600. Baltimore Orioles +8000. Texas Rangers +8000. Bet on the 2021 MLB American League Pennant Odds at Bovada Sportsbook. NCAA College Basketball Odds. Receive a 50% Welcome Bonus up to $250. NBA Basketball Odds.
- Negative odds - Firstly multiply the american odds by -1 and use the positive value in the following formula: american odds divided by (the american odds plus 100), multiplied by 100 to give a percentage e.g. American odds of -300 = (300/(300+100)). 100 = 75%.
- As the name suggests, American odds are the primary format for sports in the United States. Fractional odds are the standard betting option in the United Kingdom while Decimal odds is the most.
This week’s event sees several big names return to play but runs opposite the European Tour’s Abu Dhabi HSBC Championship, which has drawn the majority of international stars and Justin Thomas.
Also see:
2021 American Express Fantasy Golf Power Rankings2021 American Express matchups, placings and group betting predictions2021 American Express betting picks – Favorite
Odds provided by BetMGM; access USA TODAY Sports’ betting odds for a full list. Lines last updated Wednesday at 7:15 a.m. ET.
Abraham Ancer (+2500)
Ancer begins this week at No. 12 in the Golfweek/Sagarin world rankings, but he shares just the ninth-best odds to win The American Express. He missed the cut at last week’s Sony Open following a T-17 finish at the Sentry Tournament of Champions, also in Hawaii.
Ancer has averaged 0.73 strokes gained on the field over 11 career rounds on PGA West’s Stadium Course, according to Data Golf. He finished alone in second in this event last year while ranking second in the field in Strokes Gained: Tee-to-Green (3.32 per round) and SG: Putting (2.38 per round).
The 29-year-old has never won on the PGA Tour, but he has a notable win on the Australasia circuit from 2018. His excellent ball-striking and short game play well at this venue. His two days off in Hawaii will also play to his advantage with a large portion of this field making the long trip back to the mainland Sunday night or Monday morning.
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2021 American Express betting picks – Contender
Adam Hadwin (+6600)
Hadwin is No. 1 in this field among those with four or more rounds played on the Stadium Course with 2.56 strokes gained on the field per round. The Canadian finished 2nd-T3-T2 in this event from 2017-19 but skipped last year’s tournament for the birth of his first child. In 2019, Hadwin was third among those who made the cut with 3.46 SG: Tee-to-Green and 2.95 SG: Approach per round.
He has slipped to No. 97 in the Golfweek rankings with his last win coming at the 2017 Valspar Championship, but he’s a clear fan of this venue and his betting odds don’t reflect his previous success.
2021 American Express betting picks – Long shot
William Gordon (+25000)
Gordon has never played this event and missed the cut in each of his last three tournaments, including last week at the Sony Open. He’s well worth a shot at these odds, as his distance off the tee will play well at the 7,113-yard, par-72 Stadium Course, and the 7,152-yard, par-72 Nicklaus Tournament Course.
He has a career-best T-3 finish against a stronger field at last year’s Travelers Championship. Many of the same names who’ve done well in that event have had success here, including Ancer and last week’s winner, Kevin Na.
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Reading sports betting odds can seem complicated at first glance.
-110
11/10
1.91
What do they all mean?
All of the above numbers represent different ways to display betting odds, however they all represent the same thing.
All betting odds represent the implied probability to win a bet. The way that number is displayed is where things can differ.
Types of Betting Odds
There are three main ways to display betting odds:
- American
- Decimal
- Fractional
Each of the odds formats represent a chance of winning, just displayed in a different way.
Most sports betting sites will give you the option in how you display your sports odds, so it is important to understand how to read them.
All sports betting types will have odds attached to them: point spread, money line, total, futures, props, and more.
How to read American odds
In the United States, it is standard to use the American odds format (shocking!). Each bet will always have a plus (+) or minus (-) in front of a number greater than 100.
Take for example how the following moneyline bet odds would be displayed for the following sporting event:
Chicago Bears -196
Washington Redskins +170
Since this is a moneyline bet, these odds represent the implied probability each team has to win the game.
American odds can be broken down into two categories: favorites and underdogs.
How do Plus and Minus odds work?
Favorites Odds
When a bet is a favorite, it means the implied probability (win percentage) is greater than 50%. Favorites will always have a minus (-) sign and will always be “negative odds”. Ex: -150.
Favorite odds can be read as “to win $100”.
Meaning if the odds of a bet were -150, you would need to bet $150 to win $100. Note that you do not need bet in $100 increments.
This same ratio would apply to different bet sizes: Bet $15 to win $10, bet $1.50 to win $1, etc.
If you were to read betting odds of -150 out loud, you would say “minus one fifty”.
Underdog Odds
The other side of American odds are underdogs. Underdogs have an implied probability of less than 50%.
Underdog odds are always represented with a plus sign (+) in front of the number and will always be “positive odds”. Ex: +150.
Underdog odds are interpreted different than favorites. Underdog bets are betting $100 “to win” whatever the odds are.
In the +150 example, you would bet $100 to win $150. Again, you can bet any amount you would like. It doesn’t have to be $100. Ex: bet $10 to win $15, bet $1 to win $1.50, etc.
How to read decimal odds
Decimal odds are the easiest odds type to interpret. They are used by most people outside of America, most notably Europe. The Decimal format are also the easiest odds type to convert to an implied win percentage.
Decimal odds tell you what your return will be given your bet amount (or “stake”).
For example, if you bet $10 on the New York Knicks to win at odds of 2.25, your return (or “total payout”) would be $22.50 if they won.
American Sports Betting Odds
Return does not take into account your original bet amount. Therefore your profit, or “to win” amount, would be $12.50 ($22.50 return – $10 wager).
Note that the return aspect is the key difference between Decimal and American odds. The Decimal format will tell you your return, while the American format will tell you your “to win” amount.
How to read fractional odds
Fractional odds are simply decimal odds represented as a fraction. For example, 3/1 odds are the decimal equivalent of 4.
The biggest difference between fractional and decimal is that fractional tells you the potential profit while decimal tells you the return.
Going back to the previous example, a $10 bet at 3/1 odds would represent $30 in profit.
A $10 bet at the equivalent odds of 4 in decimal format would return $40. Subtracting your $10 bet from the return would give you your profit of $30.
Fractional odds can be read as the first number being the potential profit while the second number is the amount you will need to risk for that profit.
For example, fractional odds of 23/20 would represent a bettor needing to risk $20 in order to profit $23.
Usa Today Sports Betting Odds
Fractional odds are most common in horse racing and futures markets.
Sports Betting American Odds Calculator
Related: Find more sports betting guides here