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2. Want to know how sports
betting odds work?
Watch this short presentation brought to you by
OnlineBettingUSA.co.com to improve your knowledge
and your winning chances!
3. What are Odds?
Odds are a reflection of the probability of a specific
outcome and can be compared to percentages, as
they indicate the chance of a specific result.
For online sports books, odds represent winning
chances when placing a specific bet and allow for
bookmakers to attach a value or price to them.
4. Types of Betting Odds
There are 3 common types of betting odds used at sports
books recommended by OnlineBettingUSA.co.com:
• American Odds: Represented by a + or – symbol and a
number
• Fractional Odds: Represented by a fraction
• Decimal Odds: Represented by a number with a decimal
point
5. Understanding American Odds
Also known as moneyline odds or lines, American
odds are indicated with a plus or minus sign and a
number, for example +110 or - 100
A plus sign shows the amount that would be won with
a 100 stake.
A minus sign shows how much needs to be staked in
order to win 100.
6. Fractional Odds Explained
Fractional odds are commonly used in the UK. Directly
compared to percentages, fractional odds show the
chances of winning in fraction form.
If fractional odds are 4/1 they illustrate that for every 1
win, you’ll lose 4 times, or have a 20% chance of
winning and 80% chance of losing.
Some of the sports books endorsed by
OnlineBettingUSA.co.com make use of these odds
and they are easy to understand if converted straight
to fractional percentages.
7. Deciphering Decimal Odds
Often referred to as European odds, yet used at many
of the US-friendly sports books on
OnlineBettingUSA.co.com. Decimal odds let you
convert chance into a numbered equation by looking
at chance as a % and dividing it into 100.
100% chance therefore equals the odds and if you
believe there’s a 20% chance of success, then the
decimal odds would read 5.0.
8. Calculating Chance vs. Odds
Example of chance vs. odds, per odds type is easily
explained by the OnlineBettingUSA.co.com pros:
• Chance of Winning: 66.66%
• American odds: -1200
• Fractional odds: 1/2
• Decimal odds: 1.5
9. Odds Terms
In order to bet successfully at
OnlineBettingUSA.co.com’s
endorsed sports books it’s also
essential you understand the most
commonly used Odds Terms.
10. Stake
When betting on sports, racing or other events your
Stake is the amount of money which you bet.
If your bet proves to be successful, your payout is
calculated according to your Stake and the odds.
11. Even Money
Even Money or EVS is when your return is your stake,
doubled.
Your profit will be the same amount as your initial
stake and both you and the bookie risk the same on
every bet.
12. Odds On
Odds On describes a bet where you need to stake a
larger amount than what will be won.
Also referred to as reverse odds,
OnlineBettingUSA.co.com recommends this bet for
more experienced bettors.
13. Odds Against
When you place a bet that could yield more than
double your stake, this is referred to as Odds Against.
14. Short Odds
Perfect for OnlineBettingUSA.co.com fans looking for
an excellent chance of winning, Short Odds indicate
that your selection has a solid chance of success.
15. Long Odds
Basically odds that are a long shot, Long Odds have a
poor chance of winning and are not recommended
unless you are prepared to take a big risk.
Long Odds can however be very lucrative and the ROI
can be huge.
16. Fixed Odds Betting
With Fixed Odds bets you stake a fixed amount
against the bookmaker in order to predict the outcome
of an event.
The bookmakers odds will then reflect what you would
win if your bet comes to fruition.
17. Having learnt the basics of sports betting odds you are
now ready to head on over to any of the sports books
that have been given the OnlineBettingUSA.co.com
seal of approval and start betting on your favourites