How moneyline odds work: reading +135 and −160

June 19, 2026

If you’ve ever seen Okafor +135 and Reyes −160, you’ve met American (“moneyline”) odds. Once you know the rule they take five seconds to read.

Minus = the favorite

A minus number is the favorite — how much you’d stake to win $100. −160 means risk $160 to win $100. Bigger number = heavier favorite.

Plus = the underdog

A plus number is the underdog — how much you’d win on a $100 stake. +135 means $100 wins $135. Bigger number = bigger underdog and payout.

Scale it

The $100 is just a reference. At +135 every $1 returns $1.35 profit; at −160 every $1 of profit costs $1.60.

Why it matters

Odds estimate how likely each fighter is to win. −160 ≈ 62%; +135 ≈ 43%. They don’t add to 100% — that gap is the book’s margin.


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