Master the three main odds formats, learn to calculate payouts, and discover how to identify value bets in disc golf betting markets.
Bet $100 to win $450
Bet $200 to win $100
Bet $100 to win $150
Positive odds: (Odds/100) x Stake = Profit | Negative odds: (100/Odds) x Stake = Profit
Bet $100 to return $550
Bet $100 to return $150
Bet $100 to return $250
Decimal Odds x Stake = Total Return | (Decimal Odds - 1) x Stake = Profit
Win $9 for every $2 bet
Win $1 for every $2 bet
Win $3 for every $2 bet
(Numerator/Denominator) x Stake = Profit
Positive Odds (+)
Probability = 100 ÷ (Odds + 100)
Example: +400 = 100 ÷ (400 + 100) = 20%
Negative Odds (-)
Probability = |Odds| ÷ (|Odds| + 100)
Example: -200 = 200 ÷ (200 + 100) = 66.7%
A value bet occurs when you believe the true probability of an outcome is higher than what the odds suggest. Here are some disc golf examples:
Bookmaker Assessment:
+450 (18.2% implied probability)
Your Assessment:
25% chance to win
Your assessment gives him better odds than the bookmaker, indicating potential value.
Bookmaker Assessment:
+300 (25% implied probability)
Your Assessment:
20% chance to win
Bookmaker odds are better than your assessment, suggesting the bet lacks value.
Bookmaker Assessment:
+200 (33.3% implied probability)
Your Assessment:
35% chance to win
Small edge in your favor, but consider bet size carefully.
Betting odds change constantly based on various factors. Understanding why lines move can help you time your bets better:
Impact:
Usually moves lines toward the 'true' odds
Example:
Paul McBeth odds shorten from +500 to +400 after sharp action
Impact:
Can create value on less popular but skilled players
Example:
Simon Lizotte gets heavy public backing, creating value on other players
Impact:
Immediate and significant line movement
Example:
Calvin Heimburg injury report moves his odds from +600 to +1200
Impact:
Favors certain playing styles over others
Example:
Wind forecast benefits forehand specialists like Ricky Wysocki