This is because odds are more about determining bets than they are specific to the sport. And, odds are trying to tell you the probability of a certain outcome. Check out the latest Monday Night Football betting odds >> Football Game Odds. Typically, when looking at football odds, the date and time of the game will be on the left.
These are usually given in fractional forms such as 2/3, 6/1 or 5/4. Soccer is one of the few sports that presents numerical odds in this fashion. Odds for other sports such as basketball and ice hockey are usually given in decimal points such as 2.25 or 1.5. Work out the fractional number’s value.
The idea behind parlay betting is creating big soccer odds by multiplying together the soccer odds of each selection you make. For example: If you select Team A from Game 1 at 2.00 odds and Team B from Game 2 at 1.50 odds; A parlay wager on both games would have soccer odds of (2.00 X 1.50) = 3.00
Betting on Thursday Night Football. Those looking to bet on Thursday Night Football have an appealing Week 7 matchup featuring the Cleveland Browns (-220 moneyline odds) playing host to the Denver Broncos (+180 moneyline odds). The Browns opened as 6-point home favorites, but betting action has since moved the line to -4.5 points.
Again, we’ll keep this simple with an easy example. Say you make a bet of $5 on Team A to win with the odds of 2/1. This translates as: What you are set to profit / amount wagered = Payout (original bet + net profit) So your bet of $5 at 2/1 odds gives you a return of $15 ($5 wagered x 2 plus the original stake of $5).
When the odds for two teams are even, meaning 1 to 1, it means that each team is equally as likely to win the game. If Team A is assigned 2 to 1 odds, it means Team B is twice as likely to win. If Team A is assigned 10 to 1 odds, it means Team B is ten times as likely to win.
Before we can explain American odds, we need to understand what the (+) and (–) symbols stand for. It’s actually very simple to read through. The (+) indicates who the underdog is. If you are betting on the Miami Heat to win (+102) against Milwaukee Bucks (-121), you are essentially backing the underdog in the game.
In-game soccer betting odds are listed at sportsbooks for most prominent soccer games and are ideal for a bettor who wants to stay engaged in a match. Bettors typically snag the action they like fast. The soccer betting odds move as the match progresses.