How Do Betting Odds Work? - Sports Betting Odds Explained

When you're just starting out sports betting odds can seem pretty confusing. Luckily for you, TheSportsGeek has been helping people learn to read odds and bet on sports for nearly a decade!

In this video, we'll be going over different types of odds and how they work at online sportsbooks. We'll be talking about American odds, decimal odds, positive odds, negative odds, and more.

#SportsBetting #BettingTips #BettingOdds

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More on Sports Betting Odds:

Odds Calculator:

Common Sports Bets:

Sports Betting Math:
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[anwest]

As a European, I have so much trouble understanding the American odds. Thanks for the explanation!

[kirilsmirnov]

European odds calculated without plusing the wager:

20$ x 1.55 = 31$

Otherwise you could bet equal amount on both and win more than both of your wagers

[tobrien]

Thank you, great video! This is the best explanation I’ve found thus far!

[shadrackkuwornu]

How can I see the negative and the positive odds in ghana 🇬🇭 please can you show me how to do it

[RamosJulio-pshh]

Keep your moneyline odds, keep your Fahrenheit, feet, ounces, cups, and whatever shit you use

[amerzian]

This seems like a great explanation but I guess I’m just a moron!

[YyJester]

PHAHAHAHA this is phenomenally hilarious. Only an American could come up with such an unintuitive and backwards-thinking system. Keep your moneyline odds, keep your Fahrenheit, feet, ounces, cups, and whatever shit you use 😂😂 The only sensible reason I could come up with in favor of this is that it might deter young adults or kids from gambling. Maybe that's one of the intents behind it.