Sports betting odds explained – this video explains how betting odds work and how to read sports betting odds. These fundamentals lay the foundations for every bet you make.
Essentially, sports betting odds tell you how much you can win on a bet. There are three main types of betting odds: American Odds, Fractional Odds and Decimal Odds.
There are also three main ways to bet on sports: the moneyline, the spread and totals (also known as over/under betting).
The moneyline is a straight-up bet on the winner.
The spread is betting that one team will outperform the margin of victory predicted by the sportsbooks.
Totals is purely betting on the total number of points/goals/runs/etc scored in the game.
0:45 Different odds formats
1:13 American Odds
2:30 Decimal Odds
3:05 Fractional Odds
4:06 Main sports betting markets
4:13 Moneyline
5:13 Point spread
6:46 Totals
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Damn this has been the most comprehensive explanation of not only betting terms, but knowing what it means!! Thank you πππ€
I need to know whatβs better -110 or -115 like the more less is better ? Is negative -120 better then -110?
One of the Best video for beginners !!!!!
Where can I go to make a sports bet? Whoβs a reputable company
Iβm betting baseball on a popular site. Why is it that most of the favorites have a positive run line and the dogs have a negative? This seems backwards. Shouldnβt you get more for risking your money on an underdog?
So why would someone bet $175 to only win $100?? This still doesnβt make sense to me.
Iβm a winning sports better over a decade & ALL the major sports get sites have ripped Me off & not cashed Me out
Great video, thanks!
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Dang, you knocked the fairy dust of the hard to understand. Got it, thanks for being concise and focused. Great job. I could even understand it. Going to the bank to mortgage my house, NOT. LOL
my friends have been into betting and ive heard these terms all thrown around heavily and ive been interested but unsure where to start and i think this cleared all that up for me so thx i appreciate it
is there any other possible life-ruining addiction that starts with an 8-minute video teaching you how to do it? haha
for real though I learned a lot, thanks!
Damn I actually like decimal odds over the American one
What does +650 mean π
Really helpful π Thanks for making this video
I have lost 30k in betting I donβt know where Iβm going wrong π
Pls suggest something