How To Convert Odds

There will be a wide range of markets for you to consider, many of which attract a great deal of betting volume. The average total in Chargers games this season is 50.8, 3.8 points above Sunday’s total of 47. The Steelers have been underdogs by 5.5 points or more two times this season and covered the spread once. Pittsburgh has played nine games, with three wins against the spread. Divide the line of each underdog by 100 and add 1 to the result of each. You can limit your time to 3 hours per day, and after the 3 hours, you will be restricted to bet until midnight.

Mlb First Inning Bet Rules And Payoffs

The terms “total” and “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 more or less points than the set number.

Therefore, if the decimal odds on a football team are 4.50, and you stake £10, the return if the bet goes in would be £45 and the profit would be £35 (4.5 – 1, multiplied by stake). It’s important to know what your odds are when making a futures bet on a team to win their championship. It’s also important to analyze the odds on parlay bets to make sure that you are getting the best bang for your buck. From parlay calculators to odds conversion charts, there are plenty of tools available for bettors to analyze their odds. If you’re looking to make a single wager against the spread in a football or basketball game, the odds for an individual bet at most sports books are -110. That means that you have to lay $110 to profit $100, and collect $210.

What Is Implied Probability?

Because the spread is subject to Boxing Odds shifts based on which team is getting more support, a publicly adored favorite can move by a few points, and create an excellent opportunity for aware bettors. In any sport other than soccer, someone wins and someone loses. With a moneyline bet we don’t care how they win as long as they are the winner at the end. Since moneyline is picking a winner it doesn’t get any simpler than that. Some games may be too close to choose a favorite and be considered a “pick ’em”.


Don’t be alarmed when you see a very low number posted for the total line. Betting against the spread is extremely common in the U.S., but it works a little bit differently in the NHL. While we do our best effort to provide accurate information, it’s your responsibility to verify the odds on what you are betting.

Notably, futures bets are often expressed in terms of moneylines. In fact, positive moneylines are convertible into straight odds for those who wish to do a few calculations. One rule of thumb is that every 100 that the positive moneyline increases corresponds with another whole number of odds. Take advantage of bonuses, guarantees against lost bets, and odds boosts that sportsbook frequently offer to both new and returning customers. Let’s use an example of a $50 wager to show you how to figure your payout and profit using the same Alabama-USC market as an example.

Nba Betting

So, for example, if you must bet $11 to win $10, then you would present $11 at the window and the writer will give you a ticket worth $21 if it wins. Totals in soccer work differently than other sports and can be shown in multiples of .25 goals. Since scoring is minimal in soccer, bookmakers will often times set a Total of 2.25 or 2.75.

Betting 101

While most of the major betting sites Odds Shark works with are typically in range, you can find slight odds differences, which is why line shopping is essential for a sports bettor. Before placing any moneyline bets, an experienced sports bettor will do extensive research into the game. Breaking down matchups, odds and specific team advantages are all part of the process of handicapping sports and even then, it’s not an exact science for long-term success.

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