Sports betting odds tell you how much you'll win on the bet you place, while the betting line usually refers to the point spread or how much your team is .... Whatever types of odds you use, these are initially based on probability.
So, the price that you see with the betting site is the chance that .... When you place a bet, the odds tell you exactly how much money you'll win if successful. Those same odds also dictate how likely a sportsbook believes your bet ....
To calculate your potential winnings, just multiply the stake by the odds. For instance, if we have a bet like this – X: 4.0 and Y: 1.3 – you .... The underdog is the team with plus (+) odds because this means you profit more than you bet. An example is the underdog might have +250 odds, meaning you can ....