How to Read Football Odds Over Under

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If you bet on sporting events, you must exist able to read odds and empathize what they mean. Furthermore, you need to quickly calculate the potential winnings for different bets, particularly if the odds are changing while the event unfolds. Odds tell you lot the likelihood that an event volition occur (a team wins, a boxer makes it a certain round) and how much will be paid out if yous win. There are, however, multiple ways to convey this information.

1. 1

   Know that odds tell yous the likelihood of an outcome. Odds represent which team, horse, or athlete has the highest probability of winning. While there are dissimilar ways to write odds, they all bespeak how likely one outcome is in comparison to another.

   • Ex: When I flip a coin, it is merely every bit likely that I flip heads as tails. The odds are equal, or i to one.
   • Ex: If there is an 80% chance of rain one day, and then at that place is a 20% risk information technology will not pelting besides. The odds are eighty to twenty. Otherwise put, information technology is four times more than likely that information technology will rain than stay sunny.
   • Because circumstances may alter spontaneously, odds may alter likewise. They are not an verbal science.

2. 2

   Read sporting odds as the likelihood that 1 squad, athlete, or equus caballus, will win. The about mutual apply of odds is found when placing a bet on a sporting event. Betting agencies employ historical data and team statistics to predict who is more likely to win.

   • Whoever has the highest odds is considered the "favorite." If the odds are low, it means that event is not likely to occur.

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3. 3

   Remember that lower odds render a higher turn a profit. Betting on the underdog is riskier than betting on a favorite, only a higher chance means a higher potential reward.

   • The "longer the odds," or the less likely, the more money you could win.

4. 4

   Learn the vocabulary of odds when betting. Many racetracks and betting establishments volition take a booklet or pamphlet helping you learn terminology, but you should sympathise the lingo before you read odds. Some of the bones words include:

   • Action: A bet or wager of whatever kind or amount.
   • Bookie: Someone who accepts bets and sets odds.
   • Chalk: The favorite.
   • Hedging: Placing bets on the team with the high odds, and the low odds, to minimize loss.
   • Line: On any upshot, the current odds or betoken spreads on the game.
   • Wager: The money yous pay, or risk, on an outcome or effect.

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1. 1

   Know that odds at the runway tell you lot amount of turn a profit you will brand per dollar spent. Odds of iii-five point that your profit will be three-fifths of a dollar. In other words, for every $5 you bet y'all can win $3 in profit.

   • To make up one's mind profit, multiply the amount yous bet by the fraction. If I spend $fifteen, so my turn a profit for winning is $ix (15 x 3/5).
   • Ex. If I successfully bet $xv on a horse with iii/v odds of winning, the payout would be $24 ($15 + [fifteen x 3/five])

2. 2

   Understand that fractions greater than 1 mean a team is an underdog. This makes sense, because you would expect a bet on the underdog to have a higher payout.

   • If y'all take a hard time with fractions, then see if there is a larger number on top then on bottom. If and then, that team/equus caballus is not expected to win.
   • When you bet for the underdog, it is called betting "against the odds." For example, if odds are three/1 for the Cowboys this Dominicus, then information technology is three times more likely that they will lose than win.
   • Odds of 3-1 bespeak that if you bet $100, you lot will win $400, the original amount of your bet plus the profit. Odds of 1-iii will win you $33 on a $100 bet, or $133.

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1. i

   Know that moneyline bets simply business what team volition win the game. Odds are presented every bit a positive or negative number next to the team's proper noun. A negative number means the team is favored to win, while a positive number indicates that they are the underdog.

   • Ex: Dallas Cowboys, -135; Seattle Seahawks, +135. This ways the Cowboys are the favorites, simply pay out less money if a bet on them wins.
   • Try out an online to check your math when you first get started. Soon enough it will be second nature, but for at present ask a friend or search for a calculator that fits your betting needs.

2. 2

   Know that positive odds signal how much turn a profit you win per $100 spent. You also get the money yous bet back. So when you bet $100 on the Seahawks, who are valued at +135, then you make $235 if they win.

   • If y'all bet $200, you volition make twice every bit much profit. To summate how much profit you brand per dollar spent, divide the amount you are going to spend by 100.
   • Multiply this number by the moneyline to see your potential profit. If I spend $50, I volition make .v (50/100) of the moneyline if I win. On +135 odds, I would brand $67.50 profit off of a winning bet.
   • Ex: If I spend $250 on the Seahawks (+135), I would earn $587.fifty ($250 + $135 x [$250/$100]) if they win.

3. iii

   Sympathize that negative odds indicate how much coin your must spend to brand $100. When betting on the favorite, you take less take a chance, and thus earn less. When betting on a favorite, the moneyline is the amount of money y'all need to spend to brand $100 profit. In the previous example, in order to brand $100 of profit betting for the Cowboys, you would need to spend $135. Like positive odds, you earn dorsum your bet when winning.

   • To calculate profit, divide 100 past the moneyline to find out the profit made per dollar spent. If the moneyline is -150, and then you volition make $.66 for every dollar you bet (100/150).
   • Ex: If the New York Giants are favored to win -150, and I spend $90, I would make $150 total ($xc + $90 x [100/150]).

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1. ane

   Notice that indicate spreads adjust the score for the favorite squad. This is easiest to run across with an example: If the New York Knicks are playing the Boston Celtics, and Boston is favored to win by a 4-point spread, so a bet on Boston but pays out if Boston wins by more than than 4 points. A bet on New York pays out if New York wins or if they lose by less than four points.

   • If the favorite wins by the spread exactly, it is called a "push" and all bets are refunded. In the example, if Boston wins 88-84, then information technology is a push and no one collects a profit.
   • If you see "half-odds" (a 4.5-point spread, for example), this is to make a "push" impossible.
   • When the spread is modest, moneyline bets are often amend since the spread does non bespeak a clear underdog. ^[1]

2. two

   Ask your bookie virtually the "vig," which determines your potential profit. As well known as the "juice," the vigorish is the committee charged for placing a bet. Typically the vig is -110, and you read this number similar a moneyline bet (see above).

   • On a vig of -110, I must bet $110 to make a $100 profit.
   • Continuing the example above, say I placed $110 on Boston, and they win 96-90 on a 4-bespeak spread. Because they won by the spread, I would make $210 ($110 + $100).
   • Sometimes there are different vigs for each team. A line from before might await similar this: Boston -half dozen, -125; New York +6, -110. This means you have to bet $125 on Boston to earn $100 considering there is less risk betting on Boston.

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1. 1

   Know that Over/Under bets are placed on the combined score of both teams and are much simpler to place. A bookie sets the Over/Under, and you but choose if the combined score will exist higher or lower than that mark. Over/Under bets are often less risky and complicated than other forms of betting.

   • If the O/U is 198.5 points and yous bet over, and so whatever combined score from 199 points and upwards will pay out.
   • If the score is exactly what the bookies set, then the bet is a push and anybody gets their money back.

2. 2

   Most payouts for Over/Under bets are even, significant that if you wager $100 you lot win $100 profit.

   • Make sure to check this with your bookie first, however.

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Add New Question

• Question

  What does -thirteen, for case, hateful in football?

  

  The "-13" ways that a football team is favored to win by thirteen points. For you to win the bet, the team must win by more than 13 points.

• Question

  If the odds are 5/iii, and I bet $100, what is the payout if I win?

  

  5/three odds equates to a +166 money line bet, meaning a $100 bet would return $266 (your original $100 bet plus $166).

• Question

  What does information technology hateful if, in the presidential ballot, I encounter one candidate with a 175 and some other with a +225?

  

  The 175 should read -175. (-) ways you pay and (+) ways you go. So for -175 you lot pay $175 to get $100 (in add-on of your initial bet $275 in full) and for +225 y'all become $225 when you bet $100 ($325 in total).

• Question

  If someone bets $50, and the odds are -120, what is winnings/loss?

  

  -120 ways the team is the favorite to win, so yous have to put upward $120 to win $100 (plus your original bet). A $120 bet would return $220 (original bet of $120 plus the $100 you won). Betting $fifty on a -120 coin line would return your original bet of $50 plus winnings of $41.66, or $91.66 total.

• Question

  What does 2/11 odds hateful?

  

  Your profit is *two/11. So if you lot wager $110 and win, y'all'll get $130 back, a $20 profit.

• Question

  What does odds of 9 to 4 mean on a baseball team to win the World Series?

  

  If the odds are 9/4 and you wager $100, you divide the $100 by the terminal number (4) then this would be $25. So multiply information technology past the first number (9), which would come out to $225 as your profit made from the $100 you bet. Add the bet yous made & the turn a profit made past the bet. So the final taking would be a total of $325.

• Question

  When I come across a whole number alone on an odds canvass, what does it hateful? For example, instead of iii/5, the odds are shown as 15 or 25.

  

  If you're seeing xv or 25 instead of 15/one or 25/i, yous're seeing a decimal course of odds, every bit opposed to fractional. Multiplying your stake by decimal odds gives your full render, not your turn a profit(which is full render -pale). To go to fractional from decimal, add ane. So 3/1 partial = 4 decimal (just 4). 4/half-dozen frac = (4/6+1) dec = ten/6 = five/3, or i.666, which is rounded to 1.67 by bookies. To go from decimal to partial, subtract ane(which makes sense from profit = total return - stake) So 15 dec = 14/1 frac. ii.33... dec = 1.33/i, or 133/100.

• Question

  What do two/9 odds mean?

  

  Your profit is *2/9. So if you lot wager $110 and win, you'll go $134.44 back, a $24.44 turn a profit.

• Question

  What about a four/5 odds, and how would you lot come upwardly with the money line number?

  

  ane + four/five = i.eight, so on a $100 bet, your have home would be $100 (original wager) plus $180 (winnings), or $280.

• Question

  What does -3 mean on a betting slip?

  

  -3 means the team is the favorite to win, and then you take to put up $3 to win $100 (plus your original bet). A $3 bet would return $103 (original bet of $3 plus the $100 you won). Betting $l on a -three coin line would return your original bet of $50 plus winnings of $1,666.66, or $one,716.66 total.

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• Betting through bookmakers is illegal in the United States except in the state of Nevada. It is legal in United kingdom of great britain and northern ireland and other countries, where information technology is regulated. In some countries, bookmaking is only performed by the authorities. Bookmakers may besides take bets on non-sporting events, such as political elections.

• The money line is a simple wager in which the bespeak spread is not determined. It is based on the odds each side has to winning. The odds posted on the money line is based on a $100 parameter.

• While this commodity uses dollar amounts, these principles concord for any currency.

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Article Summary X

To read odds, start past finding two numbers separated past a dash. These 2 numbers are the odds, and you tin can plow them into a fraction to figure out the amount of profit you will make per dollar spent. For example, you might come across 3-v odds. Odds of three-v signal that your profit will be three-fifths of a dollar. In other words, for every $5 yous bet you can win $iii in profit. To figure out profit, multiply the amount you bet past the odds fraction. To learn virtually moneyline odds and point spreads, read on!

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