Wikipedia:Reference desk/Archives/Mathematics/2019 April 15

= April 15 =

What are negative odds?
From this article:. It describes one bet as having -100,000 odds and a $20,000 bet that wins at those odds nets $20. What does that mean and how does that math work on that? My thought is that if $20,000 gets you $20 then that is 1:1000 odds ($1000 bet gets $1 win), so I don't follow what -100,000 means. RudolfRed (talk) 18:55, 15 April 2019 (UTC)
 * These are Moneyline odds, primarily used in the US. Iffy★Chat -- 19:52, 15 April 2019 (UTC)
 * Thanks for the link, that answers it! RudolfRed (talk) 20:42, 15 April 2019 (UTC)