# How Do Odds Work in Betting?

If the spreads are pretty even (-0.5)(+0.5) then the game is largely seen as a 50/50 matchup. If teams wind up meeting the spread than you neither win or lose money. In the same example, if the Packers beat the Bears by exactly 5 points, no one wins or loses. When point spreads are (+7.5), (-4.5), (-8.5), (+1.5), etc. they are much more dangerous bets. This is because teams don’t score half points, so you will either win or lose. If you’re betting a +200 underdog, you will win 2x your money for every dollar wagered — \$100 to win \$200, \$10 to win \$20, \$1 to win \$2, etc.

## Betting Tools

By doing so, you’ll quickly be able to see your overall win-loss percentage, as well as profits made or funds lost by wager. If you do this consistently, you’ll be able to spot strong and weak points in your game. There’s also a trick you can use to get a ballpark number. If the odds are negative, such as -110, the number is telling you how much you would have to wager to get back \$100. Mark Strotman writes about the NBA and sports betting for BetArizona.com. He is a veteran sports journalist who covered the Chicago Bulls and the NBA for NBC Sports Chicago for about 8 years.

Next to every decimal odds number is either a positive or negative number in parentheses. If the number is positive, this is how much much money you will make on a standard 100 bitcoin stake win. For example, American odds are (+170) for the money spread on the Miami Marlins this week. This means that for every ยูฟ่าเบท 100 bitcoin stake, you will receive 170 bitcoins back. If you put up 0.1 bitcoins as your stake, you will get 0.17 bitcoins back.The great thing about American odds is that you get your initial stake back. So if you bet 1 bitcoin, and receive 2 bitcoins as your winnings, you will get 3 bitcoins back in total.

Sports betting can be fun and entertaining, and there’s even a possibility that you could profit along the way. Achieving long-term success while betting on sports is challenging. When trying to project out potential returns for a season, start with the break-even point. From there, realistically adjust based on what you think you can reasonably hit over the course of the season. It also helps for tracking purposes, a subject we’ll touch on in a bit. Consistency in wagering amounts means that you are putting the same amount of money at risk for each of your bets. If a sport allows a game to end in a tie, that’s an outcome you can bet on.

### How to start sports betting in Illinois

These wagers are gaining popularity because there’s real value early in the season before some of the individual and team races become clear. For example, if the Cardinals are playing the Packers and the total is set at 47.5, a bet on the over means you believe the two teams will combine to score 48 or more points. Betting the under means you believe the two teams will score 47 or fewer points. To calculate Alvarez’s probability of winning the match, we do the same thing. Let’s say, hypothetically, odds are 11/8, meaning if the fight happened 19 times (11 + 8), Alvarez would lose 11 times and win 8 times. Therefore, if you wager \$40 on Ottawa, you will win \$44.00, and your total payout would be \$84.00.

The difference is that in addition to predicting who will win the game, the point spread includes a margin of victory. In certain cases—such as in college basketball and college football—there is a huge discrepancy in talent between the two teams playing. In those cases, betting the moneyline is too obvious, because it is clear that one team will beat the other. That’s when the point spread comes into play, as the oddsmakers will set a line where there is a margin of victory.

Once you are ready to test your knowledge, you should review each one of the sportsbooks and new sports betting apps in Arizona. Reading betting lines, predicting futures, and every bet in between is actually pretty easy once you get the hang of it. If you’re already an avid Arizona online sportsbook fan, you’ll likely find the betting part to be exhilarating. By the time you finish this guide on how to bet on sports in Arizona, you’ll be ready to dive into the real money action.