diff --git a/The-Intricacies-of-Sports-Betting-Odds%3A-Understanding-and-Utilizing-Them-for-Success.md b/The-Intricacies-of-Sports-Betting-Odds%3A-Understanding-and-Utilizing-Them-for-Success.md new file mode 100644 index 0000000..2fd2e11 --- /dev/null +++ b/The-Intricacies-of-Sports-Betting-Odds%3A-Understanding-and-Utilizing-Them-for-Success.md @@ -0,0 +1 @@ +Fractional odds, often seen in the UK, represent the profit relative to the stake. For instance, odds of 5/1 recommend that for every $1 wagered, a bettor would win $5 if profitable. Decimal odds, generally used in Europe and Australia, specific the entire payout, together with the stake. Thus, odds of 6.00 imply a complete return of $6 for each $1 wagered. Moneyline odds, primarily used within the US, could be positive or unfavorable \ No newline at end of file