How To Understand Betting Odds As previously stated, understanding and calculating the implied probability in betting odds is key to long-term betting success at, for instance, Pointsbet Sportsbook. Ask your bookie about the “vig,” which determines your potential profit. Also known as the “juice,” the vigorish is the commission charged for placing a bet. For […]

Sports Betting 101 This is essentially all you need to know about American odds on the face of it. But of course, not everyone is going to bet in the hundreds, and more bets will be much smaller. Before we can explain American odds, we need to understand what the (+) and (–) symbols stand

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What Do The Betting Odds Mean Let’s take a closer look at some of these basic principles of odds. Even means that both teams are equal and that neither are favored in the point spread. This is also referred to as a pick ’em as it is a straight up, winner-take-all, wager. You can calculate

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How To Read Betting Odds However, not all fractional odds are traditionally read using the lowest common denominator. For example, given that there is a pattern of odds of 5/4, 7/4, 9/4 and so on, odds which are mathematically 3/2 are more easily compared if expressed in the equivalent form 6/4. The use of odds

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How Sports Betting Odds Work There is no simpler, more time-honored sort of bet than a moneyline bet. Though it seems doubtful they called it such, the first sports bettors to ever wager probably bet on the moneyline. How Live Betting Works – It used to be that you could only bet on a game

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What Is A Moneyline Bet? To help you understand how you can calculate your winnings based on a bet amount, we will now cover the formula. Sometimes a line will move far enough to create a “middle” opportunity. Say the Texas Longhorns end up facing the Wisconsin Badgers in the first round of March Madness.

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