Betting Odds Explained: How to Read & Calculate Sports Odds

Learn how to read and understand sports betting odds. Odds contain lots of information for sports bettors, but they can be intimidating or confusing for fans who are new to the game.
Whether you’re looking to understand how to calculate football betting odds, baseball odds, or American-style odds for any other sporting event, you’ll want to begin with this key video from Sports Betting 101.
The odds provide key intelligence when sizing up a game or wagering opportunity. They tell you:
• Which team is favored
• How much they’re favored by
• The money you can expect to win with the right bet
If you’re not sure what the difference is between positive and negative odds or aren’t sure what to make of the numbers themselves, this quick-hit video will help you cover all the basics. Even if you don’t plan to bet on sports, reading and understanding odds will make you a more engaged fan and ensure you never miss out on a conversation around the game.
Most importantly, we’ll break down exactly how to calculate your payout when looking at odds, no matter how much you plan to bet.
Sports Betting Dime is a resource for casual fans, the sharpest experts, and anyone interested in learning more about sports betting. Our Betting 101 content is a great place to start if you’re just getting into wagering.
Once you’ve mastered calculating odds and other sports betting fundamentals, we’ll be there to help you make an informed bet on any game.
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[@williamlaramee5324]

Good video man ✌🏻

[@aFREEsportsbettingSYSTEM]

A buddy came to visit me in Vegas for his first time in town, we sat down at a book and he asked me how to bet his hometown hockey team. I told him they were -160, so that meant he'd have to bet 80 to win 50 or 160 to win 100. I felt like I implied that was just a ratio. So, he goes to bet, comes back. I said how much did you bet. he says 80 to win 50, you said that's what I had to bet. I gave him a better explanation after that, but luckily it won.

[@Paytonwh]

How do you calculate higher odds (-110 or -550) with multiplication?

[@user-ph7fu6cb6i]

So, he goes to bet, comes back. I said how much did you bet. he says 80 to win 50, you said that's what I had to bet

[@collinsenoma3670]

Nice

[@user-dj7pq7fc6h]

What about BetBurger?

[@CITYODDS76]

Nice