Major League Soccer is the top professional soccer division in the US and Canada.  OddsJet compares MLS odds from several reputable Aussie online bookmakers that serve customers in Australia and offer AUD accounts.  This allows OddsJet to display the best odds for every match on the schedule to maximize potential returns for Australian bettors.  Users can toggle between 1X2 match odds as well as Double Chance odds.  If you want to find the highest potential payout for a bet on the eventual champion, OddsJet also compares MLS Cup winner odds.

Major League Soccer Odds Explained  

1X2 Match Betting

This is the most popular betting market for the MLS.  Here, one is simply wagering on the Full-Time result of a given match: 1 – a Home Win, X – a Draw, 2 – an Away win.

Double Chance Betting

This is a variation of typical 1X2 match betting whereby one selects any two of the three possible outcomes: 1,X – Home Win or Draw.  X,2 - Draw or Away Win.  1,2 - Home Win or Away Win.  This allows for a hedging of one’s bet.  In doing so, the odds will be lower than for a typical 1X2 match result odds.

Major League Soccer odds expressed in American, Decimal and Fractional formats

For American odds format, there are two sets of expressions to remember, but both revolve around the figure of $100. First, negative numbers are used when the odds are below even-money and express how much one must wager in order to win a profit of $100.  When one sees a negative number like the LA Galaxy to win at -195, this means that one would need to stake $195 in order to win a profit of $100, for a total return of $295.  When the odds are above even, American odds format displays a positive figure which expresses how much one might win when $100 is staked.  For example, match odds of +280 for a draw means that a stake of $100 wins $280 in profit for a total return of $380. 

For Decimal odds format, the odds express the full amount that will be returned on your wager including the stake amount.  Simply multiply the odds by the stake. For example, if Toronto FC is listed to win at 1.78, a $100 bet would return a total of $178 including your stake, so the profit would be $78.  A draw with decimal odds of 3.65 would return $365 on a bet of $100. 

For Fractional format, the odds express the amount of profit that may be returned on a wager.  So for example, with a wager of $100 and odds of 9/10 (said nine-to-ten) on the Montreal Impact to win, one would see a profit of $90.00 (100 X 9/10) plus the stake for a total return of $190.