Understanding Sports Odds

Identify the sort of line you’re looking at. All online sports books give you the opportunity to get your traces at an“American“ or“Money line“ variant. I would use this as my standard, if I had been you. An“American“ line uses either a + or – before a number to indicate chances. So a -120 plus also a +120 are two very different chances on a team… I’ll explain the differences shortly. Two other less frequent variations exist: Publish chances and fractional chances.
Briefly:
–Fractional odds are commonly seen in racing. A 10/1 payout should be read“$10 paid for every $1 wagered.“ When the bigger number is on the left, then you’ll discover that wager is generally an underdog in the race. Also note, however, that in case for example“Who will win the Super Bowl in the NFL?“ You may see all of the teams listed as“underdogs“… i.e. paying at least 2/1 (some up to 300/1 or longer ).
Identify your favorite. Lines using a – before the amount (i.e. -200) signal the favorite. A -200 should be read as:“For every $200 wagered, I win $100.“ When there is a negative signal, the line must be read with terms of 100. That doesn’t mean that you need to wager that far, it’s just easiest to understand! When a + signal is present, just reverse the reading, constantly in reference to 100:
Examples:
1) -150: For every $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 commonly because the extra $10 you have to bet to win $100 is called the“juice“ that the books keep as a charge for making the line available to you.
The most important thing you can teach yourself on is:“Only because the books assign one side are the preferred (even big, -200 or even -300, favorites), does not follow that they will triumph.“ We have all seen favorites get mad, and it is crucial to avoid the temptation of finding comfort in the fact that the lines makers put one team as a favored.

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