For newcomers to sports betting, there are a few things on a bet sheet or an app that will be foreign.
If the odds are -110, a common number for a bet involving a spread, you would need to bet $110 to win $100.
Underdog bets will have the numerator bigger than the denominator, as in the examples above.
If the odds are listed as 6, a winning bet would receive $5 profit and the original $1 bet.
The decimal odds would be listed at 1.
87, which would make for much easier math on this $10 bet.
However, they are presented, being able to convert your odds into a break-even percentage is a crucial part of understanding what is actually a good bet.
If you are given odds better than one-in-two, it's a good bet.
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