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What are betting odds?

They are expressed as a fraction, with the numerator representing the amount won and the denominator representing the amount wagered. For example, odds of 2/1 mean that for every $1 wagered, the gambler will win $2. Decimal odds: These are the most common type of betting odds in Europe and most other parts of the world.

How do odds work?

Odds are shown with either a + or a - in front. With a + in front, the figure that follows is the amount you stand to win if you bet $100. If there is a - ahead, this is the amount you'd need to bet to win $100.

Do you know sports betting odds?

Sports betting odds can look a little intimidating if you don’t know how to interpret them. But don’t worry, The Sports Geek is here to help. Understanding betting odds is a critical skill for any bettor. To be successful in the long term, you’ll have to learn how to spot value in the lines.

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