Understanding Sports Odds

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Identify the sort of line you are looking at. All online sports books give you the chance to get your lines in an”American” or”Money line” version. If I were you, I would use this as my standard. An”American” line uses either a + or – before a number to signify chances. So a -120 plus also a +120 are two quite different chances on a group… I will explain the differences shortly. Two other less common variations exist: decimal odds and fractional odds.
Briefly:
–Fractional odds are seen in hurrying. A 10/1 payout ought to be read”$10 paid for each $1 wagered.” When the bigger number is on the left, then you will discover that bet is generally an underdog in the race. Also notice, however, that in case such as”Who will win the Super Bowl in the NFL?” You may see all the teams recorded as”underdogs”… i.e. paying at least 2/1 (some around 300/1 or more).
Identify your favorite. Lines using a – before the amount (i.e. -200) indicate the favorite. A -200 should be read as:”For every $200 wagered, I win $100.” Whenever there’s a negative signal, the line must always be read with relation to 100. That doesn’t mean you need to bet that much, it’s just easiest to comprehend! When a + sign is present, just reverse the reading, always in reference to 100:
Examples:
1) -150: For each $150 wagered, I win $100 ($50 wagered will win $25).
2) +300: For every $100 wagered, I win $300 ($50 wagered would win $150).
3) 100 (could be +/-): For every $100 wagered, I win $100 ($50 wagered will win $50).
4) Most commonly: -110: For every $110 wagered, I win $100.
You visit”4″ most often because the additional $10 you need to bet to win $100 is known as the”juice” that the books maintain as a charge for making the lineup available to you.
The main thing you can teach yourself on is:”Just because the books assign one side to be the favorite (even big, -200 or -300, favorites), does not follow they will triumph.” We’ve got all seen favorites get mad, and it is important to avoid the temptation of finding comfort in the fact that the lines makers place one team as a favored.

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