Figuring out how to read sports betting lines can seem a nightmare for many bettors. Especially those who feel like they are a new bettor, who visit the sports betting world occasionally for entertainment purposes.
Sports betting odds take several different forms and are calculated in a wide variety of ways. Sports odds can feel like learning a new language. However, after giving this article a read you’ll be speaking that language like a local.
We’ll cover the three main ways of writing betting odds – decimal odds, American odds, and fractional odds. These are all just different ways of showing how much money the bettor will get back from their initial outlay. Once you’ve got the handle on those, you then need to get to grips with the vocabulary of sports betting types.