Betting Odds Explained | Sports Betting 101

👋🏻 Hey guys! In today’s video, I explain how betting odds work. This video goes over the maths behind betting odds and covers American, Decimal and Fractional odds. Then I explain how to convert odds to probabilities and how to use a betting exchange to find the fair odds. Overall, this is a great getting started guide for beginners or a sports betting odds 101.

🏆 🏆 For those looking to learn more about the specific strategies I used myself to make over 000 profit from bookmakers using profitable betting strategies, then you can check out my sports betting course over on my website at:
AUS/NZ: https://shanehuang.com.au/course/
USA/Canada: https://arbitragecamp.com/usa-course/?utm_source=YT

If you enjoy this video and want to see more about mathematical sports betting, money or university life, please leave a comment down below saying what you would like to see next and any new video ideas are always appreciated!

🙋🏻 Who am I?
My name is Shane and I am an Australian Engineering and Commerce graduate from The University of Sydney and will be becoming a full time quantitative trader soon. This channel is dedicated to mathematics, arbitrage sports betting, and personal finance. I hope you can find this useful! Enjoy!

Website: https://shanehuang.com.au/
Instagram: https://www.instagram.com/shanehuang88/
Free Betting Discord Group: https://discord.gg/3ExG9erVAC

✌️ Remember to SUBSCRIBE! See you in the next one! https://www.youtube.com/shanehuang88

⚠️ DISCLAIMER: This video is not gambling/ investment advice – while the strategies and math I teach and the tools recommended will provide an advantage, there is still user error and luck involved when it comes to betting which can lead to losses. These videos are for educational purposes only and I am not guaranteeing any gains or losses from using the betting methods I talk about.

19 Comments

  1. Bread

    When will your video on you vs papaya on the Ext2 HSC be out?

  2. Bet Beast

    What if i bet on over/under Goals

    Example: Liverpool vs West ham
    Over 1.5 Goals @2.3

    Since there is only 2 outcomes fair odds would be 2.0 correct?

    So backing at 2.32 would be a value bet or am i wrong?

  3. Thejan Elankayer

    200k subs girlfriend reveal? 🥳

  4. Harrison Hollers

    Searched “betting odds explained.” A video with a pretty blond appeared 1st. Shane’s video appeared 2nd. Obviously I clicked on Shane. Call it a hunch.

    Bet with your head not your heart!

  5. Hmazil

    sir where can we have arbitarge bet in website or apps???

  6. Purna Man Shrestha

    This person is a scammer . This thief took my 3 lakhs …….

  7. Jacopo Camerlenghi

    Can I buy your course even if I live in Italy? Or its specifically for us betting strategies?

  8. Jonathan Liu

    decimal odds are the easiest to look at imo

  9. Samten Sherab

    Great video but this is just a basic maths, nothing new to learn here. Can you teach us how to get an actual profit ?

  10. BirdMan

    Hey Shane, is there a way to get in contact with you to shortly discuss an all-in-one arbitrage solution that was developed for betting community?

  11. S K

    Please make a video on upcoming WIMBLEDON and chances of Arbitrage bets on this tournament

  12. Betting Investment

    Well explained! Keep making money betting!

  13. Ronán

    im still finding it almost impossible to find arbitrage oppurtunities, seems like all the bookies are working in tandem with eachother

  14. Jonathan Agyare

    Well explained, great job 🔥

  15. Emmanuel Vacakis

    When you find a good deal, watch out. You are getting a good mathematical deal for a reason. Sports games are fixed. Therefore you should find bad deals and bet on them. These bookies and casinos are not stupid. When the worst team is a favorite, you should bet it. You should bet against the money. Games are fixed in many different ways. Baseball is fixed largely by the home plate umpire. Even one strike call on a bad pitch can make a huge difference. The Giants beat the Padres 7-4 on a homer by Yastrzemski. He hit it on a 3-1 pitch. I’m willing to bet that he doesn’t hit it on a 2-2 pitch. I understand that you can make money finding games that are offered at a huge variety of odds by betting the underdog at huge odds at one site, and betting the favorite at any other site that’s favored by the least amount. Sure you can win slowly that way regardless of the outcome. But it’s human nature to be greedy. The casinos are greedy. If they can intone the public to bet more heavily one one side, they will call it in and make that side lose. So if you can read into them, you can absolutely destroy them for a huge percentage overall.

  16. Dion

    rehashed content zzzzzzzzzzzz

Comments are closed