# Comprehending sports betting odds before you make a killing

If you have entered the betting arena without having a clear strategy in mind then you might emerge out as a very disappointed bettor, plus you might also lose a lot of money in the process. Just as a doctor would require the right skills before operating on a patient, you too will have to work tirelessly in understanding sports betting odds before you make a killing inside the betting arena.

Each fascinating sport including boxing, tennis, golf, baseball, football, basketball, horse racing, car racing, and several such more are eligible for betting. Even if the sport is college football games handled by the ncaa or pro football handled by the nfl, bets may be placed, although the odds will surely differ in every sport and every game too. Odds are also displayed differently in various countries. For example, USA displays odds as American odds, i.e. -100, -230, etc, while Canada, Australia and European countries display odds as Decimal odds, i.e. 2.50, 1.30, etc, and the UK displays odds as Fractional odds, i.e. 8/8, 8/4, etc.

Sports betting odds also display the underdog team along with the top-dog, the over-under and the spread by which you need to win if you decide to bet for or against the spread. A simple example will show you betting odds easily. For instance in an nfl match involving the Buffalo Bills and the New York Giants, the odds could be displayed as under

Buffalo Bills -11.2 -120 -160
New York Giants +11.2 -120 +270

The very first sign next to the teams name indicates the underdog and the top-dog. Hence, Buffalo Bills would be the top-dog due to the “-” sign whereas the Giants would be the underdogs due to the “+” sign next to it. The figure 11.2 indicates the spread plus the favored team has to win with the points mentioned on the spread. The figure 120 implies that you will have to bet \$120 to win \$100 on that spread. The last figure of 160 near the Bills indicates that you have to stake \$160 to win \$100 along with your stake on that bet since the Bills are classified as the favored team to win. Alternatively, you only need to bet \$100 to win \$270 should you bet on the Giants since it is the underdog team.

The above mentined was an illustration of betting odds from the American odds format. Each bookie will display odds in numerous formats however, you could quickly convert it in your format by using the odds converter available in most websites. The world wide web has today definitely made betting easier although you will certainly need to work towards understanding and calculating the betting odds before you place your bet.

You will certainly be able to bet efficiently and convert most of your placed bets into huge wins in case you read and understand sports betting odds. Each sports book displays odds and you will have to choose sites which have the most effective odds for you to bet on. Understanding sports betting odds is essential if you want to beat the odds and also the bookies and make a killing by winning the maximum amount of bets.