What does odds of -120 mean?
If you were to bet $10 on -120 odds you would receive $8.30 in profit if this outcome won. Odds accompanied with a negative sign (-) indicate that this is the favorite and this outcome will have a higher chance of winning compared to an underdog, however favorites will yield a lower profit if they win.
American Odds of -120 when converted to decimal odds are $1.83 and when converted fractional odds are 5/6. If you’d like to convert other odds values in different formats, please check out our Odds Converter.