Here’s a look at PointsBet’s odds for an NBA matchup using American odds. American OddsĪs mentioned, American odds are the most common format at US sportsbooks. Still, learning to read each type can be valuable. However, most sportsbooks will default to American odds. Some sportsbooks let you toggle between these formats. There are three types of odds formats: American, decimal, and fraction. What Are American, Decimal, And Fraction Odds?