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Moneyline Odds: More prevalent in the United States, moneyline odds indicate the amount you need to bet or the amount you can win on a 0 bet. Positive numbers represent the potential profit on a 0 bet, while negative numbers show how much you need to bet to win 0. BetDeluxe Instructions for Depositing Money Into BetDeluxe sure horse racing betting tips Before delving into the complexities of odds, it's crucial to grasp the basic terminology. Odds are numerical expressions representing the likelihood of a particular outcome occurring. In sports betting, odds come in various formats, including decimal, fractional, and moneyline. Each format conveys the same information differently, and understanding how to interpret them is the first step towards becoming a savvy bettor.