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April 15

What are negative odds?

From this article: [1]. 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)[reply]

These are Moneyline odds, primarily used in the US. Iffy★Chat -- 19:52, 15 April 2019 (UTC)[reply]

Thanks for the link, that answers it! RudolfRed (talk) 20:42, 15 April 2019 (UTC)[reply]