From 94324afd6be6f246bf0d63ccf42068d579538bf3 Mon Sep 17 00:00:00 2001 From: Gabrielle Crist Date: Mon, 9 Dec 2024 16:26:08 +0100 Subject: [PATCH] Add 'Mastering Sports Betting Odds' --- Mastering-Sports-Betting-Odds.md | 6 ++++++ 1 file changed, 6 insertions(+) create mode 100644 Mastering-Sports-Betting-Odds.md 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