How To Read American Odds | Sports Betting 101

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  • เผยแพร่เมื่อ 4 ก.ค. 2024
  • A little confused about how to read American odds? No problem! ‪@TheActionNetwork‬ has you covered with this simple-to-follow explainer video. In this tutorial, Uncle Mitch walks you through everything you need to know about American Odds. You'll be reading sportsbooks like a pro in no time. Well ... in less than 10 minutes...
    0:00 - Intro
    0:48 - Today’s Lesson Plan
    1:02 - How To Read Odds
    4:38 - What Are American Odds?
    5:35 - You’re Not Dumb
    5:47 - Why Sportsbooks Use Odds
    8:17 - Mitch-Cap
    #SportsBetting101 #HowToVideos #SportsGambling
    How To Read American Odds
    How To Win At Sports Betting. How To Win At Sports Gambling.
    How To Bet On Sports - Beginners Guide. Sports Betting for Dummies. Sports Gambling for Dummies. Sports Betting 101
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  • กีฬา

ความคิดเห็น • 49

  • @Neopanther
    @Neopanther ปีที่แล้ว +14

    Well done thin diesel.

  • @Albanian11Ball.
    @Albanian11Ball. ปีที่แล้ว +44

    I hope you all already heard about *WISPRED* and their predictions? If you didn't, you must...

  • @kittyprydex
    @kittyprydex 2 ปีที่แล้ว +3

    Writing a book, and I really, really needed this kind of breakdown. Thank you for making it easy enough not just to understand but repackage into a story. Super grateful.

  • @pepijnlankamp2573
    @pepijnlankamp2573 3 หลายเดือนก่อน

    Thank you man as a European I am used to decimal odds so I had no idea how American betting odds worked. Both an easy and a very effective explanation.

  • @MrKoolBreeze22
    @MrKoolBreeze22 2 ปีที่แล้ว +2

    That clipper fan joke 🤣🤣🤣🤣🤣 I love it!! It's Showtime baby!!

  • @tamarasophia6145
    @tamarasophia6145 2 ปีที่แล้ว +2

    Uncle Mitch, that was a totally clear explanation, thank you so much! I would like to know how to read the over/under section...when I am looking at a game...and I look at the over/under page..its extremely unclear what the sports books have determined to be their over/under number. Also, is this just in North American sports, or is over/under done in other countries?

  • @sorabhutube
    @sorabhutube 2 ปีที่แล้ว +1

    Best video i saw.. thanks for telling again and again that I ain't dumb :)

  • @Jinpachin
    @Jinpachin ปีที่แล้ว +2

    Algebra SO HARD thank you Uncle Mitch great explaining

  • @nolacstackst6834
    @nolacstackst6834 ปีที่แล้ว

    Great video.. quick, well explained, and written examples... The 2 videos i unfortunately started watching before i came across yours they where terrible at explaining this lol.. when i clicked on YOURS tho.... instant understanding 👍🏿👍🏿👍🏿

  • @user-eo6ic1mw5d
    @user-eo6ic1mw5d 4 หลายเดือนก่อน +1

    Good explaining boy o boi I needed that and didn’t even know 7:44

  • @thatsjalisa1935
    @thatsjalisa1935 5 หลายเดือนก่อน

    I am pretty new at this! Thank you so much this was extremely helpful to understand!!

  • @benjaminnicholson9191
    @benjaminnicholson9191 2 ปีที่แล้ว +13

    This was actually an Oscar worthy breakdown 🤣

    • @TheActionNetwork
      @TheActionNetwork  2 ปีที่แล้ว +2

      We'd like to thank the academy!

    • @boricuacut2902
      @boricuacut2902 ปีที่แล้ว

      I'm honestly GENUINELY MAD that this guy WASN'T my teacher! ANY SUBJECT would be made fun!

  • @boricuacut2902
    @boricuacut2902 ปีที่แล้ว +1

    Ive never had a person whether it be adult, peer, certainly not a teacher have effective wording to simplify their explanation thoroughly while keeping me as engaged as I was throughout the entire video THOUGH. Why weren't you my teacher for all subjects throughout each grade K-12 ??!

  • @MillionvilleLoso
    @MillionvilleLoso ปีที่แล้ว

    I’m a new sports better and your video was great explaining things keeping it light . Some of your cuts in the video got me dying. I subscribed because of that not the content. Lol I learned a lot. And beans on toast I gotta try. Thanks for your time.

  • @benolzinoproductions7110
    @benolzinoproductions7110 ปีที่แล้ว +1

    very beautifully explained here.

  • @428ggg
    @428ggg ปีที่แล้ว

    what a great open gimminck got yourself a sub, tada

  • @3rdPartyAction
    @3rdPartyAction ปีที่แล้ว

    Thank you

  • @Timothy-Lucas
    @Timothy-Lucas 2 ปีที่แล้ว +2

    Thanks Uncle Mitch. I feel more confident in doing my first bet, but would like some more videos to break down some things before I take my first plunge. Are winnings taxed, how are they taxed, and can you do anything with losses? You may not be able to provide that information, but it's a barrier for me. Who should I bet through? Is there any reason to use one system over another (Draftkings, Fanduel, BetMGM, Caesars, Barstool) or are they all the same? Do any of these have a fake money system I can bet through (similar to Webull and stocks) to practice bet?
    -Not dumb, system dumb Tim

  • @samliverseed4244
    @samliverseed4244 2 ปีที่แล้ว +2

    Love the Action Network.

    • @keveonbolden1407
      @keveonbolden1407 วันที่ผ่านมา

      How to read action network odds ?

  • @jasminecats1370
    @jasminecats1370 2 ปีที่แล้ว

    😂 loved the musk joke

  • @freshsinatra8493
    @freshsinatra8493 7 หลายเดือนก่อน

    Is this the same as players odds also?

  • @jaytiafy
    @jaytiafy 8 หลายเดือนก่อน

    Very informative and entertaining. Why is Jeff a Smurf?😅

  • @richardramirez3731
    @richardramirez3731 6 วันที่ผ่านมา

    What I don’t understand using your example let’s say the underdog is +110 so if I bet $100 on them, I would win $110 if they win, but why would anyone risk $100 just for a return of $110???

  • @360wavymb
    @360wavymb 5 หลายเดือนก่อน

    What if both numbers are negative?

  • @MikeCee7
    @MikeCee7 ปีที่แล้ว

    Hasn’t Horse racing always used Fractional odds?

  • @mem3926
    @mem3926 2 ปีที่แล้ว +2

    Martha Stewart called, she wants her quilted jacket back.

    • @michaelcalabrese9190
      @michaelcalabrese9190 2 ปีที่แล้ว +1

      You're just salty because no one commented on your "How To" videos for the U.S. Department of the Treasury.

    • @TheActionNetwork
      @TheActionNetwork  2 ปีที่แล้ว +1

      ohhhhh, solid burn.

  • @jasminecats1370
    @jasminecats1370 2 ปีที่แล้ว

    Hell yes I’m American and like beans on toast 😆

  • @senlayang3224
    @senlayang3224 2 ปีที่แล้ว +1

    Kawhi laugh lol

  • @MikeCee7
    @MikeCee7 ปีที่แล้ว

    Starting at 7:33, it doesn’t make sense. If the Lakers win, Jeff doesn’t win Two $11 bets. . .
    He wins two $10 bets (on the two that voted for the Clippers)
    & he owes two $10 (on the two that voted for the Lakers)

  • @mustseenow991
    @mustseenow991 2 ปีที่แล้ว +2

    why do Amedicans make is so confusing? The older betting systems in Asia and UK are far better and more straight forward.

  • @MikeCee7
    @MikeCee7 ปีที่แล้ว

    What if 10 people bet that the Lakers will win. And only one bet the Clippers will win.
    If the Lakers win, Jeff is out a whole bunch of money.

  • @marcuspeters6280
    @marcuspeters6280 6 หลายเดือนก่อน

    I don't know what the hell is going on

  • @benolzinoproductions7110
    @benolzinoproductions7110 ปีที่แล้ว +3

    theres legit no reason to use anything but decimal odds.

  • @tugbasahin1797
    @tugbasahin1797 ปีที่แล้ว

    24. I came here just to say all sports lovers to visit *WISPRED* and see another dimension of sports betting

  • @Kanal-qv1ku
    @Kanal-qv1ku ปีที่แล้ว

    I am living in US and I don't know anything about soccer, but I trust #wispred predictions on soccer matches and I am winning a lot of money thanks to them :))