- Written by Super User
Fraction/RatioThis is the traditional way of representing odds. They are in the form of a ratio, or fraction, such as 6/1, 9/2 or 5/4. You can work out how 'fancied' a competitor or team is by dividing the first number in the ratio by the second – the smaller the result, the more fancied the competitor or team. If the number on the right hand side of the dividing line is larger than the number on the left, then the competitor or team is said to be 'odds-on', which means that are much more fancied to be the winner in their event, than the loser. If you back a winner, to work out your winnings, just multiply your stake by the first number in the ration, divide it by the season, then add on your original stake. For example if you back at horse at at £10 at 9/2 and it wins, you get back (10 x 9 = 90 ÷ 2 = 45 + 10 =) £55.
DecimalDecimals are becoming increasing popular with sports-betting sites, particularly with younger punters, as they are easier to calculate. The important number when dealing with calculating sports betting odds using decimals is 2.00. This is the equivalent to the fraction/ratio odds value of 'evens' – which means a bookmaker thinks there's an exact 50:50 chance of the competitor being the winner. Decimal odds less than 2.00 are 'odds on'. To calculate your winnings with decimal odds you just multiply your stake by the odds. 9/2 in decimal odds is 5.50, so in the example above £10 x 5.50 gives £55. To convert from fraction/ratio odds to decimal just divide the first number by the second and add 1.
American OddsThe final thing you have to work out when calculating sports betting odds is American odds. These are giving in the form +100 (evens, or 2.0) or -150 (2/3, or 1.67). If the sign in front of the number is a negative sign, it means that the competitor is odds on. American odds show how much will be won if you placed $100 on a wager (if positive) or how much you need to wager to win $100 (if negative). To work out your winnings, for positive odds multiply your wager by the odds then divide it by 100 and add your stake, so $10 at +450 = (10 x 450 = 4500 ÷ 100 = 45 + 10 =) $55. For negative odds, multiply your stake by 100 then divide by the price and add your stake, so $10 at -250 = (10 x 100 = 1000 ÷ 250 = 4 + 10 =) $14.
Need Help?If you're getting stuck in calculating sports betting odds, then the good news is there are plenty of software tools out there to get you up and running. One of the leader runners is called the Z-Code System, which is a complete sports-betting software package that analyses dozens of attributes concerning nearly all of the major sporting contests, and in doing so does most of the homework for you. If you're struggling with calculating sports betting odds, and who want all the best sports betting information at your fingertips, you out to consider taking the Z-Code system out for a spin.
- Written by Super User
You must start off with an amount that you can afford to lose. Instead of adding money everyday into your bankroll, the best trick is to decide on an amount for the whole season or you can also go for weekly bankroll. Instead of playing big bets to earn huge, play smartly for longer period so that the profit is seen. Always keep aside money from the profit so that finally when you finish the game your bankroll is safe.
There are different kinds of MLB betting. You can pick simply or bet on your favorite team or guess the score difference between the winning and the losing team. In Run Total Betting, the oddmakers guess the total score of the game and you need to place a bet on it saying if the team will reach the mark or not whereas in the reverse run line betting you will be guessing on the losing team.
Parlay betting, prop betting and future bets are some of the other options available in MLB. In case of parlay betting you need to make prediction on more than one winning team. Once the teams names are placed on board all of them have to win in order to get you money.
MLB odds depend on the sports book you are using for betting. There are many sports booking sites online and the best trick of availing the best odd is comparison. You can Sign Up with Z-Code System, which is one of the best and provide odds and predictions.
- Written by Super User
BankRoll Management1.Bankroll or money management is the first and the most important thing that you must learn before discovering the betting world. Managing the fund means deciding on the amount that you would like to start with and then bet using small amount so that you can play for a long time and the loss will not bother you. If you win then make sure to set aside a part of your profit.
Don't Carried Away2.Never get carried away with emotion with betting on a team. You must also avoid getting influenced by what others are doing. There can be people for whom loss in betting will not matter, but you must always think and take your own decision.
Do Your Homework3. Little homework is very important in the field of betting. For example if you plan to place your bet on an NBA Playoff game then you must browse and read the teams past record. You must also look at the ground where the match is being played. Know about the team members and see their track record which includes their current performance. Thus analyzing everything before placing your wager will increase your chances of winning. Off course, you can always read the Z Code System Review, and than use it to do your homework for you..
Use Various Bettors4.Another strategy to grab money in sports betting is to open an account with different online sportbooks and look for the best deal before placing the money.
As you gain experience in the field you will be able to plan your own strategy in order to win and earn more money. One thing that you must remember; betting is a game where everyone, even the great experts have burned their fingers. Thus, do proper research and play only with extra money which will not harm your lifestyle.
- Written by Super User
Are you into your sport? Do you think you know enough to predict the outcome of a match, or who's going to win a tournament, such as the UEFA Champions League, the Wimbledon Men's Singles Tennis Championship or even the World Series? If you do, you could be sitting on a potential gold mine. There are literary hundreds of bookmakers out there, and most of them are available online. For people who consider themselves experts and who are good at understanding sports betting odds, there's serious money to be made.
Learning the odds
Odds are the chances that something will happen. Traditionally, odds have always been given in the form of a fraction or ratio, such as 5/1 or 9/2. If a horse is quoted at 5/1, then that means that the bookmakers offering those odds thinks that if the race was run six times (5+1), the horse would win once. The larger the first number, the less likely the predicted event is going to happen – this is known as “the shorter the odds”. If you were to place a bet on a horse at 5/1 – say £10 – then if the horse won, you would be paid back your stake multiplied by the odds (or 'starting price' as it is known). Your stake is also returned. So at 5/1, the calculation is 5 x £10 = £50 ÷ 1 = £50 + £10 = £60 total.
“Odds on” and decimal odds
If a sporting outcome is thought to be extremely likely to happen, then sometimes the price given is “odds on” - for example, a football team at 1/4 means that a bookmakers thinks that if a match is played five times (1+4), that team would win four times. If you place a bet at these odds, you would get less back in winnings than your stake, but as you would also get your stake returned you still make money - £10 at 1/4 = £10 x 1 = £10 ÷ 4 = £2.50 + £10 = £12.50. Many websites now use decimal odds when quoting prices. Decimal odds are seen as more convenient as they tell you what you will win if your wager is successful. For example, 5/1 = 6.0 in decimal odds, meaning a bet of £10 wins (£10 x 6.0) £60.
Spread-betting is another thing you need to know if you're intent on understanding sports betting odds. A bookmaker will give a “spread” which is the range of outcomes that they expect to happen with one aspect of an event, for example the number of points in an NFL game. Say they give the spread as 30-40. If you think that is too high, you “sell low” at 30. If you think that is too low, you “buy high” at 40. The closer you are to being correct to more you win, but the further away you are the more you lose. Say you “sell low” at 30 at £1 a point in our example. If there are only 24 points, you win (30 – 24 =) 6 x £1 = £6. If there are 38 points though, you lose (38 – 30 =) 8 x £1 = £8.
A little help
Getting into sports betting can seem a little daunting at first, but as soon as you start understanding sports betting odds, it gets easier. The good news is there are a great many number of software tools out there that can help. One of the best is called the Z-Code System. It's a great tool that automatically evaluates all the top sports events for you based on over 80 different parameters, so you can work out for yourself the likeliest outcome. If you're new to understanding sports betting odds then a little extra help can be worth its weight in gold – so why not see if Z-Code give you the help you need?
- Written by Super User
The NFL season only lasts five months, and runs from September through to January. There are a total of 32 teams in the NFL, split into two conferences, the National Football Conference and the American Football Conference, each of which in turn is split into four divisions. Each team plays sixteen games over a seventeen week period. At the end of the regular season divisional winners and wildcard teams progress to the play-offs, where sudden-death matches are played until each Conference has a winning team. These two teams then meet in the Superbowl, which is probably the number one sporting occasion each year in the United States.
The current NFL champions are the Seattle Seahawks, who won their first-ever title in 2014 by beating the Denver Broncos 43-8. The team with the most NFL wins are the Green Bay Packers, with 13 victories.
Understanding NFL Betting Line OddsGetting used to how NFL betting line odds work can seem daunting at first, but once you understand how they do work, it will soon become second nature to you.
NFL betting line odds are given in the following format:
Miami Dolphins -5.5 -160 36.5
Houston Texans +5.5 +180 36.5
Each team in a game is given three numbers – the first is the point spread, the second the moneyline, and the third the totals.
The points spread acts as a handicap. In the example above, if you bet on the Dolphins, then not only would the Dolphins have to win, they'd also have to win by six points or move – the -5.5 means that -5.5 points will be subtracted from the Dolphins' score.
The moneyline bet in NFL betting line odds is a simple win/lose bet. If it's a negative number, that's how much you need to bet to win $100. If it's positive, that's how much you win if you wager $100. The final number is the totals, which is also known as over/under. In our example, it's estimated that the game will generate 36.5 points. You can bet either over or under that total.