Sports Betting Odds Guide

We should point out that the majority of sports betting sites offer the option to choose which type of odds you want to view when you’re looking at placing a wager. There are also odds calculators out there that can help you convert between different types of odds. This is a wager on a future event and it is not necessarily related to the outcome of one specific game. Examples include wagering on which team will win the NBA Championship or who will win the Heisman Trophy.

What’s The Difference Between European And An Asian Handicap?

Do you know that how to read soccer betting odds and NFL Football odds are completely different? The two major outcomes to an NFL Football game is winning or losing unlike soccer that has home win, both navigate to these guys teams to draw, and away team to win. If the teams were to have equal chances of winning than the point spread would be 0, which bookmakers express as “PK”. Which means that if you bet the pk on a team and the team wins you will win, but if the match ends in a draw your stake will be refunded. With this we have answered the question “what does PK mean in betting?

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Before you get to that, though, you’ll need to know all the ins and outs of how American odds work. Bookies use Vegas odds as a benchmark, meaning there’s less variation between gambling venues across the world. Offering odds that are much better informative post for players than Vegas odds will certainly attract more gamblers, but it can be disastrous for gambling venues if there’s a big upset or underdog victory. You receive $240 in winnings and you get your original bet of $100 back, equaling $340 in total. So your bet of $5 at 2/1 odds gives you a return of $15 ($5 wagered x 2 plus the original stake of $5). If you see a bet written as45.5 o/u, for example, this means that the bookmakers have calculated the possibility of the combined scores of the two teams as being around 45.5.

The match ends 3-2 to Aston Villa, but because of the +1.5 handicap, your bet on West Brom pays out, and the score was effectively 3.5-3 to West Brom in terms of the bet. If you bet on Manchester United to win, you would win, as they effectively won the game 2-1 in the eyes of the bookmaker. If you bet on the handicap tie, you would win your bet, as Leeds won by the exact margin specified in the handicap. When betting on a handicap tie, it is the margin of the win rather than the number of goals scored that is important. In points-based sports, an even money contest is typically created by simply adding points onto the side deemed to be the underdog.

The corresponding numbers measure how favored or unfavored that particular wrestler happen to be. Andrade is going to win because he is a dirty cheater, but really this match will be one of tonight’s more energetic matches. Buddy Murphy’s dominance of the cruiserweight division is projected to continue as Murphy is favored to retain that weight division’s championship against challenger Tony Nese. In other featured matches Triple H is favored in a career threatening match against Batista while Roman Reigns has great odds in a grudge match as Reigns faces Drew McIntrye. Wyatt’s odds are extremely high in favor of winning, the highest by far of anyone else competing on the card.

A tricast is commonly used in horse and greyhound racing and refers to a punter selecting three horses or greyhounds to win 1st, 2nd and 3rd place. Get breaking news & transfers, expert betting tips, weekly odds and promos. By treating the amount you can win as ‘Z’ we can easily summarise different odds types. The Grand Salami is practically an institution for hockey bettors. The Grand Salami allows hockey fans to have an interest in every game being played on a particular day for the cost of one bet. The larger difference in odds is typical in all sports, not just hockey, so it isn’t as if hockey bettors are being singled out.

So, if you place £1 on Arsenal to win and they do, you will receive your winnings (£2), plus your returned stake (£1), which equals £3 in total. Similarly, a successful £10 football bet at this price would see you receive £30. A treble bet is worked out by placing the return from each leg on the next as a stake. Currently, almost two dozen US states allowlegal sports betting, with more than a dozen of those states offering legal online sports betting.