diff --git a/Mastering-Sports-Betting-Odds.md b/Mastering-Sports-Betting-Odds.md new file mode 100644 index 0000000..c8fa94b --- /dev/null +++ b/Mastering-Sports-Betting-Odds.md @@ -0,0 +1,6 @@ +Fractional odds are commonly used in the UK and are shown as a fraction, like 5/1. This format indicates how much revenue can be made towards the stake. In this case, a $10 guess at 5/1 odds will yield $50 in profit plus the original stake back, totaling $60. + +What are Sports Betting Odds? +Sports betting odds represent the chance of an occasion occurring and determine how much a bettor will win on a successful wager. Odds can be proven in numerous formats: decimal, fractional, and moneyline. Understanding these codecs is prime when putting bets. + +Successful sports activities betting isn’t nearly putting random wagers \ No newline at end of file