Guide to Sports Betting Odds

Want to know how sports betting odds work?

Watch this short presentation brought to you by OnlineBettingUSA.co.com to improve your

knowledge and your winning chances!

What are Odds?

Odds are a reflection of the probability of a specific outcome and can be compared to percentages, as they indicate the chance of a specific result. For online sports books, odds represent winning chances when placing a specific bet and allow for bookmakers to attach a value or price to them.

Types of Betting Odds

There are 3 common types of betting odds used at sports books recommended by OnlineBettingUSA.co.com:

• American Odds: Represented by a + or – symbol and a number

• Fractional Odds: Represented by a fraction

• Decimal Odds: Represented by a number with a decimal point

Understanding American Odds

Also known as moneyline odds or lines, American odds are indicated with a plus or minus sign and a number, for example +110 or - 100 A plus sign shows the amount that would be won with a 100 stake.

A minus sign shows how much needs to be staked in order to win 100.

Fractional Odds Explained

Fractional odds are commonly used in the UK. Directly compared to percentages, fractional odds show the chances of winning in fraction form.

If fractional odds are 4/1 they illustrate that for every 1 win, you’ll lose 4 times, or have a 20% chance of winning and 80% chance of losing.

Some of the sports books endorsed by OnlineBettingUSA.co.com make use of these odds and they are easy to understand if converted straight to fractional percentages.

Deciphering Decimal Odds

Often referred to as European odds, yet used at many of the US-friendly sports books on OnlineBettingUSA.co.com. Decimal odds let you convert chance into a numbered equation by looking at chance as a % and dividing it into 100.

100% chance therefore equals the odds and if you believe there’s a 20% chance of success, then the decimal odds would read 5.0.

Calculating Chance vs. Odds

Example of chance vs. odds, per odds type is easily explained by the OnlineBettingUSA.co.com pros:

• Chance of Winning: 66.66%• American odds: -1200• Fractional odds: 1/2• Decimal odds: 1.5

Odds Terms

In order to bet successfully at OnlineBettingUSA.co.com’s

endorsed sports books it’s also essential you understand the most commonly used Odds

Terms.

Stake

When betting on sports, racing or other events your Stake is the amount of money which you bet. If your bet proves to be successful, your payout is calculated according to your Stake and the odds.

Even Money

Even Money or EVS is when your return is your stake, doubled. Your profit will be the same amount as your initial stake and both you and the bookie risk the same on every bet.

Odds On

Odds On describes a bet where you need to stake a larger amount than what will be won. Also referred to as reverse odds, OnlineBettingUSA.co.com recommends this bet for more experienced bettors.

Odds Against

When you place a bet that could yield more than double your stake, this is referred to as Odds Against.

Short Odds

Perfect for OnlineBettingUSA.co.com fans looking for an excellent chance of winning, Short Odds indicate that your selection has a solid chance of success.

Long Odds

Basically odds that are a long shot, Long Odds have a poor chance of winning and are not recommended unless you are prepared to take a big risk.

Long Odds can however be very lucrative and the ROI can be huge.

Fixed Odds Betting

With Fixed Odds bets you stake a fixed amount against the bookmaker in order to predict the outcome of an event. The bookmakers odds will then reflect what you would win if your bet comes to fruition.

Having learnt the basics of sports betting odds you are now ready to head on over to any of the sports books that have been given the

OnlineBettingUSA.co.com seal of approval and start betting on your favourites