By the time you finish reading this page, everything will make a lot more sense. Maybe you’ve been betting online with UK-based bookies for years, and are familiar with their fractional odds system, but now you want to bet with a local sportsbook in Indiana, and have no idea how to read moneylines. The problem – at least, for many online sports bettors – is that there are three different ways for sportsbooks to post the odds. Odds aren’t difficult to understand, once you get the hang of it. Understanding Regional Sports Betting Odds If you don’t know how to read sports odds, you won’t have any idea what you’re getting your money into. ![]() ![]() You might bet $20 and get $35 for a win, or, you might have to bet $50 just to win $25. Sportsbooks use implied odds to set the lines, where a bet rarely pays back the amount you wagered. This is not a 50/50 wager with your buddy, where the winner takes all.
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