11 5 Betting Odds
Negative Figures (-): The odds indicate how much must be bet to win $100 profit. Ex: American odds of -120 would win $100 on a $120 bet. Decimals quote the potential return should the bet succeed, relative to the stake. If $10 is bet at odds. 5/1 – 5 divided by 1 equals 5, plus 1 equals 6.00 6/4 – 6 divided by 4 equals 1.5, plus 1 equals 2.50 1/2 – 1 divided by 2 equals 0.5, plus 1 equals 1.50. Calculating implied probability. Implied probability is simply the conversion of betting odds. A $10 bet on +120 odds would pay out $12 in profits. Examples: Below is an example of NFL betting odds taken from an online betting site. In this example you can see Los Angeles is listed at +130 ($100 bet pays $130 plus of course your original wager back) and New England is listed at -150 ($150 bet.
College Football, Baseball and Basketball Betting Odds
A money line bet is on a team to win the game outright (with no point spread) at an adjusted cost. The favorite will have negative odds, while the underdog will have positive odds. The difference here is in the prize or payout, depending on which topic. The terms 'over/under' are synonymous when placing wagers. This type of bet is on the sum of the points scored by both teams in a game. The bookie sets the number for the total then you predict whether they will score less or more points than the set number. For basketball and football, the primary display will show the total and points spread. For baseball and hockey, the money lines appear before it is displayed along with the total of the game, more so happens in hockey.Hockey Stanley Cup and Football Super Bowl Point Spreads
Understanding NFL football betting odds & weekly point spread is important. If you plan on NFL football picks, this document will be of essence. It's imperative to use live NFL odds for every spread, total and money line for the games in a given week. If the number is positive, then you bet $100 to win that amount. If the number is negative, you have to wager that amount to win $100.Sometimes it will be necessary to use a conversion chart to translate the money lines to take advantage of the betting opportunities that spreads in a week.CFB and WNBA Playoff Picks, Nascar and PGA Golf Bets
NBA scoring pace calculator for over and under bets can feel complicated at times. When you bet an NBA total and want to know the current pace of play, you will need to use a calculator to estimate the NBA final score quickly. This tool is useful if you want to know how your basketball over-under bet is looking or if you want to take advantage of the bets opportunities spreads. The same applies to the super bowl and Stanley cup. Without 162 game season per team and 30 teams, MLB is the ultimate sports action for sports gaming. The best MLB betting sites include Betway and Spin palace sports. It is no secret that many people crush bet on MLB, as it has most of the experts.Soccer Odds, British Open Championship and Premier League Betting Lines
Betting is also done in soccer. Many teams are even sponsored by bookmaking companies. Soccer is one of the most popular sports in the world. At the moment, this is true in the United States. Soccer picks are not overly difficult, even for beginners. You have to decide on which markets to put on focus. There are different markets to welcome, including major domestic leagues such as La Liga Serie A and Bundesliga e t c.MMA UFC and College Basketball Week
The advantage of major domestic leagues is that they offer soccer picks advantages. These include:- Attacking players are in good form
- You can set-piece specialist
- Defenders like to get forward at set-pieces
Betting odds explained
Betting odds can appear daunting at first glance but they are actually quite straightforward to calculate. We’ve devised a beginners guide to explain betting odds.
How do odds work?
When looking at the odds (price) of a horse, the two formats used are decimals and fractions. Betting exchanges operate in decimals, whereas fixed-odds betting firms generally operate in fractions.
When determining the returns of a fractional bet, the second number always suggests the stake and the first number denotes what the profit will be if the bet wins. Take 4/1 as an example. If you stake £1 on a horse, then you stand to win £4 if the selection wins the race, which excludes your initial stake. In contrast, the decimal format factors in the initial stake. Betting odds of 4/1 would equate to 5.0 in decimal terms, 5/1 would be 6.0, and so forth.
See the chart below for a breakdown of betting odds in both fractional and decimal format, showing forecasted returns to £5 level stakes for the key prices in a market.
Knowing your odds
wdt_ID | Fractional | Decimal | WIN RETURNS FROM £5 (inc. stake) |
---|---|---|---|
1 | 1-2 | 1.5 | £7.50 |
2 | 4-7 | 1.57 | £7.86 |
3 | 8-13 | 1.62 | £8.08 |
4 | 4-6 | 1.67 | £8.33 |
5 | 8-11 | 1.73 | £8.64 |
6 | 4-5 | 1.80 | £9.00 |
7 | 5-6 | 1.83 | £9.16 |
8 | 10-11 | 1.91 | £9.55 |
9 | 1-1 | 2.00 | £10.00 |
10 | 11-10 | 2.10 | £10.50 |
11 5 Betting Odds Nfl Games
If you want to work out your winnings from a multiple bet such as an accumulator or lucky 15, you can use our betting calculator to find out instantly what you’ve won.