Guide to Reading Betting Odds: What they Mean & How to Use Them

Learn how to understand and read the most popular kinds of betting odds found on sports betting sites. What do the numbers mean, and how can you determine who is favored and how much you will win?

[@chamberlinfranklyn8592]

Great video. Well explained. I have a much better grasp of calculating betting winnings.

[@NoviceGamerGirl]

This was so extremely helpful thank you so much!!

[@JoeJasril]

I immediately understand odds !!!! TQ !!!

[@benderbendingrofriguez3300]

Could you explain how Bookies priced their odds? There are so many videos but only a handful (>15%) are helpful.

[@Independent365]

Great tutorial thanks!

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[@CurryBoy44]

nice vid very concise

[@SBRReview]

Thanks!

[@tiagolandi]

Greaaat video

[@zettawilson2236]

I'm still confused 😦

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[@mikejames5378]

If a team is favored at -125 does that mean if one bets $125 they only win $100 and lose $25 Am I understanding this correctly?

[@howtomakemoneygambling9588]

No the point is you bet $125 To win $100 if you win you will get $225 back netting or winning $100

[@lorenza2589]

American odds are a very bad design - odds are a simple concept that the + and - method of odd display makes more complex than it needs to be (hallmark of a bad design).
The fraction odds as the second method is self evident, simple.

[@ethantompkins5929]

So why bet on a team that has -125? If they win I lose money.

[@MessicanFood]

No i think you would win $25 bucks off the $100 dollars you bet if you bet on the team that is -125

[@gccbas]

oh shit I just thought this is a good source of income.. I will play ufc and boxing matches...

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[@gavinbradley8981]

mfw this is being taught in a stats class