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1. • • For instance, if you backed a team at +3.5, that means your bet will win if they either lose the game by three points or less or win outright. If the team loses by four points or more, your bet is lost.
     www.sportstalkphilly.com › guides › what-does-plus-3-5-mean-in-betting

     What Does +3.5 Mean In Betting? Spread Betting Margin Explained

2. People also ask

   What are sports betting odds?

   • Odds represent the outcome of a game. This can be who wins, what events will happen, or combined point amounts. The three main types of odds are American, fractional, and decimal. With that said, though, it's important to know that the type of bet differs, but the payouts do not. Sports betting odds consist of two major aspects.

   Betting Odds Explained | How Betting Odds Work - Lines

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   What are 3/1 odds?

   • For example, with 3/1 odds you would simply divide 3 by 4, giving you a 25% probability of your wager to win. Odds indicate the likelihood of an outcome and help determine payouts. When betting, it’s important to understand the difference between implied odds and true odds.

   How to Read Odds - How to Bet 101 | DraftKings Sportsbook

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   What are the odds of betting on a favorite?

   • Odds between 1.0 and 2.0 represent betting on a favorite, while odds above 2.0 represent betting on an underdog. The third way is fractional odds. These are shown as fractions, such as 3/1 or 1/2. Multiplying the fractional odds by your wager shows what profit you would collect.

   How Do Sports Betting Odds Work? - Forbes

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   How do you read American sports betting odds?

   • The American odds are easy to read. They come in negative and positive values. The positive value, i.e., +120, shows the underdog, which means you'll win $120 when you wager $100. In contrast, a negative value like -110 shows how much you'll need to wager to win $100.

   Betting Odds Explained | How Betting Odds Work - Lines

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3. www.forbes.com › betting › guideWhat Does The + And – Mean In Sports Betting? - Forbes

   www.forbes.com › betting › guide

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   Jan 12, 2024 · The “+” and “-” are put in front of odds or lines, indicating the favorites and underdogs. The favorites will be marked with a minus sign, whereas underdogs have a plus sign. This is...

   • Author: Richard Janvrin

4. www.lines.com › guides › how-to-understand-betting-oddsBetting Odds Explained | How Betting Odds Work - Lines

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   Feb 19, 2024 · What are Betting Odds? Sports betting odds show the probability of an outcome occurring in a sporting event. Betting odds also give you insights into how much you can win after you wager a specific amount. In most cases, the winnings depend on the event's likelihood. Low odds indicate that a bookmaker believes an outcome is more likely to happen.

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5. Videos

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     Betting Odds Explained: Understanding How Odds Work at FanDuel Sportsbook

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     Spread Betting Explained - How Does it Work and What Does -2, -3.5, -7 Mean? | OddsJam

     Jul 9, 2023

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     Betting Odds Explained | Sports Betting 101

     Jun 20, 2023

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6. sportsbook.draftkings.com › help › how-to-betHow to Read Odds - How to Bet 101 | DraftKings Sportsbook

   sportsbook.draftkings.com › help › how-to-bet

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   For instance, if the odds of winning a contest are 3 to 1, the chances of losing are effectively three times greater than the odds of winning. Types of Odds. American Odds. While not as simple to read as decimal or fractional odds at first, American gambling odds become fairly easy to understand once you know how to read them.

7. www.nytimes.com › athletic › 2497657/2022/01Understanding sports betting odds and how to read them

   www.nytimes.com › athletic › 2497657/2022/01

   Jan 25, 2022 · Betting $10 with 3-1 odds will give you a $30 profit plus your $10 back. Betting $10 with 7-4 odds would net $17.50 plus the original $10. Multiply the $10 by the numerator, which in...

8. www.sportsbookreview.com › how-to-read-oddsHow to Read Odds | How to Bet | SBR - Sportsbook Review

   www.sportsbookreview.com › how-to-read-odds

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   Betting odds are numerical representations of the likelihood of an event occurring. They are used to calculate the potential payout of a bet and to indicate the degree of risk...